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Arq (ARQ) Stock News, Mar-May 2024

ARQ Nasdaq

Arq, Inc. reports developments as an environmental technology company that produces activated carbon and other carbon products for purification and sustainable materials. Its updates commonly cover powdered activated carbon sales, granular activated carbon production plans, Red River and Corbin facility activity, pricing and volume trends, and demand from water, air, land treatment, industrial and remediation markets.

Company news also includes quarterly results, Adjusted EBITDA, earnings-call schedules, investor presentations, leadership and finance organization changes, and product-development work involving asphalt, purified coal, rare earth materials and synthetic graphite applications.

Rhea-AI Summary

Arq, Inc. announced its first supply contract for Granular Activated Carbon (GAC) product, reflecting 5 million pounds/year with delivery starting in Q1 2025. The agreement with a North American solutions provider marks a critical milestone in the company's strategic transformation. The contract pricing is attractive, representing a multiple of the average PAC pricing, boosting confidence in Arq's strategy. Ongoing discussions with potential customers indicate further growth opportunities.

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FAQ

What is the current stock price of Arq (ARQ)?

Arq (ARQ) last closed at $2.105.

What is the market cap of Arq (ARQ)?

The market cap of Arq (ARQ) is approximately $91.9M.