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Active Energy after more deals following US$50mln contract wins

AIM-listed Active Energy Group (LON:AEG) landed two “significant” supply contracts expected to generate revenues of US$50mln this year.

Richard Spinks, chief executive, told Proactive it signed half a million tons in the contracts, with existing clients, “which is a good thing, because the volume are increasing and the specifications are broadening as the relationships strengthen.

He added that the firm could “potentially announce more contracts in the year to come.”

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