As the world tries to move towards a more sustainable future, it is not only renewable energy that is going to play a major role in that transformation. There are many other factors that are going to be responsible if that transition does eventually happen.
One of the possible pillars of that transformed world is going to be the circular economy, which seeks to keep waste to a minimum. There are already a number of companies that are now involved in that vocation and here is a look at some of the circular economy energy companies that you could take an interest in.
Mineworx Technologies Ltd (OTC:MWXRF) – The first company from this sector to look into is Mineworx Technologies Ltd, which is a highly innovative operator and is currently best known for being a mining company that is eco-friendly. Yesterday, the stock was on the radars of investors as well and ended up with gains of as much as 11.16% as a consequence.
In addition to that, the company is also involved in the urban recycling space. Mineworx Technologies had last been in the news last week on May 9 when it announced that it had held a special meeting of shareholders and at that meeting, as many as three resolutions had been passed. It will be interesting to see if the stock can maintain its momentum in the coming days.
American Manganese Inc (OTC:AMYZF) – Yesterday American Manganese Inc had been in focus among investors and had ended up with gains of as much as 7.32% as a consequence. The company is well-known for its patented RecycLiCo process which helps in making lithium-ion last for eternity. The lithium-ion battery cathode recycling pioneer has been in the news today as well after it provided an update with regards to its technology and partnerships.
The company announced that it made the delivery samples of the cathode precursor material NMC-811 that it had produced to its collaborators in different parts of the world.
Susglobal Energy Corp (OTC:SNRG) was in bullish action on Monday as the stock gained 6.15%. Last month, the company announced its financial results for the fourth fiscal quarter and the full fiscal year, both of which ended on December 31, 2021.
In addition to that, the company also provided updates with regards to some of the operational progress that it had managed to make. One of the updates was with regards to the purchase of a property spanning 40,535 square feet in Hamilton, Canada. The purchase in question was made by the company through SusGlobal Energy Canada I Ltd, its fully owned subsidiary unit.
However, it was the financial performance that most investors are interested in and it may be a good idea to take a closer look at it. In the fourth quarter of 2021, the company managed to bring in revenues of only $144,246. It proved to be a massive year-on-year drop of as much as 66.63% from the revenues of $432,263 that it had generated in the prior-year quarter.
Gaensel Energy Group Inc (OTC:GEGR) – Last but not least, it is the Gaensel Energy Group that could be tracked by anyone interested in the circular economy sector. The stock was on the move yesterday and had ended up with gains of 7.02%. It should be noted that it was the third consecutive day on which the Gaensel Energy Group stock ended up with gains.
The diversified company announced that its retail coffee unit Montenapoleone 1838 s.r.l had managed to ink a number of agreements with regards to the eventual acquisition of a 70% stake in the company Tiburon Café Holding s.r.l. It was an important piece of news that emerged last Friday and could have had an effect on investors’ sentiments about the Gaensel stock.
