Euro Tech Holdings shares surge 28.0% premarket after PACT subsidiary awarded $2.1M Mongolia water treatment contract.

Euro Tech Holdings (Nasdaq: CLWT) soared 27.95% in premarket trading following the announcement that its majority-owned subsidiary, Yixing PACT Environmental Technology, secured a $2.1 million contract to provide sewage and potable water treatment solutions for a uranium mining site in Mongolia. The project, involving 300 tons and 360 tons per day of treatment capacity, is expected to be completed by August 2026 and underscores the company’s expansion into international environmental infrastructure markets. The award, a substantial new revenue stream for the firm, aligns with its focus on water treatment solutions and positions it to benefit from growing demand in resource extraction sectors.