Business
CHAR Tech Provides Year-End Update and Lists on the Frankfurt Stock Exchange
TORONTO, Dec. 31, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“ CHAR Tech ”...
About this update from Char Technologies Ltd.
[{"type":"text","content":"CHAR Tech Provides Year-End Update and Lists on the Frankfurt Stock Exchange\nTORONTO, Dec. 31, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to provide a year-end corporate update highlighting progress across its development portfolio and key priorities as the Company enters 2026. In December 2025, the Company also listed on the Frankfurt Stock Exchange (ticker 68K). 2025 was a year focused on building and advancing CHAR Tech’s first commercial-scale projects including: The Thorold Renewable Energy Facility, which is scheduled to enter commissioning in January 2026. This phase of the Thorold Project (Phase 1) will bring 5,000 tonnes per year of biocarbon production online;Completion of the biosolids PFAS destruction demonstration project in Baltimore, with performance data currently being compiled and analyzed;Continued advancement of the Lake Nipigon project toward a targeted construction start in 2026Expansion of the Company’s strategic partnership with The BMI Group to include initial feasibility work for the Espanola clean-energy initiative; Frankfurt Stock Exchange Listing The listing on the Frankfurt Stock Exchange under ticker symbol 68K provides CHAR Tech with access to European retail and institutional investors and is expected to improve trading visibility and accessibility for investors in key European markets, as the Company advances commercial discussions on the continent. Thorold Renewable Energy Facility – Commissioning beginning January 2026 Phase 1 Construction at CHAR Tech’s Thorold Renewable Energy Facility, which enables commercial biocarbon production, has made significant progress in 2025. Major equipment has been delivered, with mechanical and electrical installation activities nearing completion. Commissioning is scheduled in January 2026 and will proceed in a phased and controlled manner, with a focus on safety and operating stability. The Company remains aligned with its planned 2026 production objectives. Additionally, the Company continues to progress Phase 2 (the renewable natural gas phase) of the Thorold Project, with major works schedule in 2026. PFAS Destruction Demonstration Project in Baltimore – Fieldwork Complete, Data Under Review C...