7 April, 2026

President Trump’s latest threats to bomb Iranian power plants and similar energy infrastructure has a deadline which is due to expire tonight.

If we don’t get another dose of TACO (Trump Always Chickens Out), it could be a major escalation in the war.

CBA’s senior geo-economics analyst Dr Madison Cartwright is predicting the US will indeed escalate this month, extending the conflict into June…

Across Markets…

The Australian sharemarket closed at a four-week high on Tuesday as investors piled into beaten-up technology and mining stocks despite US President Donald Trump’s looming deadline to bomb Iranian power plants if the Strait of Hormuz is not reopened.

The S&P/ASX 200 Index jumped 149.30 points, or by 1.7 per cent, to 8728.80 after the Easter break in its highest close since March 11.

The gauge had rallied more than 2 per cent before US futures turned lower. Gains in Tokyo also faded with markets wary ahead of Trump’s push for Iran to make a peace deal.

The president has warned that if Iran doesn’t reach a deal by Tuesday (10am AEST Wednesday) to reopen the strait, the US Military would launch extensive strikes on the nation.

Datt Capital chief investment officer Emanuel Datt said despite rocky geopolitics, the sharemarket was being buoyed by a build-up of cash balances through March.

“Elevated hedge fund shorting and heavy de-risking has left markets vulnerable to relief rallies and short covering whenever de-escalation headlines emerged,” he said. “We anticipate market volatility to remain escalated as the situation in the Middle East evolves.”

Oil markets still climbed with Brent up 1.7 per cent to $US111.58 a barrel amid the risk of an escalation in the conflict. Woodside gained 2.6 per cent to $35.80 and Karoon Energy 2.8 per cent to $2.18.

Elsewhere, tech stocks jumped, led by an 11.9 per cent surge in NextDC’s shares to $12.60. The company announced a $1 billion wholesale offering of subordinated 100-year hybrid securities, backed by the Quebec-based pension group La Caisse.

WiseTech Global rose 3.4 per cent to $39.16 and Xero 1.7 per cent to $75.35.

BHP underpinned a rally in the mining sector, climbing 3.3 per cent to $52.92 amid an uplift in copper prices, while Lynas Rare Earths rose 4.6 per cent to $20.30 and BlueScope Steel by 3.8 per cent to $27.07.

Source: AFR

Pic of the day

Local Equity News

Environmental Clean Technologies Expands FJH Platform to Destroy Adsorbent-Captured PFAS

  • ECT expands Rice U FJH license to destroy PFAS on adsorbents.

  • On-site FJH cuts incineration and emissions.

  • >99.9% PFAS removal from carbon media via FJH.

Environmental Clean Technologies (ASX: ECT) has expanded its licence agreement with Rice University in the US to include the right to apply flash joule heating (FJH) to PFAS-contaminated adsorbents such as granular activated carbon (GAC).

GAC is a highly-porous filtration medium commonly used to remove contaminants such as PFAS (per- and polyfluoroalkyl substances) from drinking water.

The expanded licence extends the company’s remediation strategy for PFAS, the next stage in the development of its FJH platform.

It builds on ECT’s established rapid electrothermal mineralisation (REM) technology for the remediation of PFAS in soil, and will enable it to target the destruction of PFAS captured within onsite adsorption materials.

On-Site Platform

The decision to expand the agreement followed a technical assessment of PFAS treatment pathways to broaden ECT’s addressable market to include GAC.

Once saturated, PFAS-laden GAC becomes a concentrated hazardous waste that is typically transported off-site for high-temperature incineration in an energy-intensive process dependent on specialist destruction capacity.

The expanded agreement will enable the development of an on-site destruction platform for PFAS-laden GAC and other adsorbents utilising FJH technology and leverage further core intellectual property developed at Rice University.

Independent peer-reviewed research has shown FJH can achieve >99.9% PFAS removal from contaminated carbon media (such as GAC) under controlled conditions, with favourable lifecycle energy and emissions performance relative to incineration.

PFAS-Destruction Capabilities

ECT chief technology officer Justin Sharp managed the technical assessment process and said the expanded agreement reinforced the company’s position in PFAS destruction technologies.

“The move into PFAS destruction from adsorbents, including those used in water treatment systems, utilises the same licenced FJH technology that I helped develop in my time on staff at Rice,” he said.

“It is highly complementary to our soil remediation capabilities, as it utilises the same system we are developing for the ex-situ REM treatment of PFAS-contaminated soil.

“The industry is increasingly looking for alternatives to incineration when it comes to [disposing of] spent treatment media such as GAC due to growing concerns about releasing PFAS into the atmosphere during combustion.”

“We believe an on-site mineralisation solution that efficiently eliminates PFAS and reduces secondary waste has the potential to address a critical gap those treatment pathways.”

Source: SmallCaps

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