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Stocks of the Hour: Redflow, Neurizer, Impact Minerals

sharecafe ·  Jun 1, 2023 09:30

Redflow (ASX:RFX) announced that their flow batteries have been approved for use in a large-scale solar and storage project in California. CEO and MD Tim Harris said: "This 20 MWh project is one of several large-scale opportunities in our pipeline and represents the start of the next phase of our growth strategy." Shares are trading 51.35 per cent higher at 28 cents.

Neurizer (ASX:NRZ) has signed a contract with Meijin Energy Investments to produce Hydrogen in China. NRZ Chairman Justyn Peters said: "The newly formed trading platform will provide NRZ with access to the Chinese hydrogen market, and with a trusted partner with access to a significant revenue stream." Shares are trading 66.67 per cent higher at 8.5 cents.

Impact Minerals (ASX:IPT) has announced that a large REE soil geochemistry anomaly has been identified at their Arkun Project in WA. MD Dr Mike Jones, said, "The new and exciting Horseshoe Prospect is in a prime location for REE being associated with the contact zone of an intrusion adjacent to a major fault zone." Shares are trading 16.67 per cent higher at 1.4 cents.

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