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Delorean Corporation Limited (ASX:DEL)

ALERT: Price-sensitive ASX Announcement for DEL
Current share price for DEL : $0.094 -0.051 (-35.17%)+
Announcement
Release
26 Nov 2025 8:47AM
Price at Release
$0.145
Full Release
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Summary
Delorean Corporation Limited has announced a collaboration with Paper Australia Pty Ltd (Opal), a leading paper and packaging manufacturer. This partnership focuses on establishing an anaerobic digestion (AD) facility at Opal's paper mill in Maryvale, Victoria. The facility aims to convert organic waste into renewable gas and electricity, aligning with Opal's decarbonisation goals. A feasibility study funded by Opal will precede the potential formation of a 50/50 joint venture between the two companies. The agreement includes a non-binding Memorandum of Understanding and a Master Services Agreement, with Delorean taking on development and operational roles. The initiative is part of Delorean's Build-Own-Operate strategy, enhancing renewable energy supply while reducing landfill waste.
Key Points
  • Delorean partners with Opal for an anaerobic digestion facility.
  • The project targets organic waste conversion into renewable energy.
  • A feasibility study funded by Opal will determine commercial viability.
  • There is a proposal for a 50/50 joint venture for facility operation.
  • The initiative supports Opal's decarbonisation and energy security goals.
  • Delorean's Build-Own-Operate strategy is central to this collaboration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.