What’s with the Carbonxt (ASX:CG1) share price today?

The Carbonxt Group Ltd (ASX: CG1) share price is right back where it started today. After falling in morning trade then touching an intraday high of 25 cents mid afternoon, the Carbonxt share price has now returned to its opening price of 23 cents.

This comes after the Australia-based company announced a commercial agreement with United States manufacturer, Kentucky Coal Processing.

Carbonxt develops and markets activated carbon (AC) products. These pellets capture mercury and sulphur in a gas or liquid phase from coal fired power station emissions. Used within industrial settings, Carbonxt’s products aim to reduce the harmful air pollutants in the environment.

What’s the deal?

According to today’s release, Carbonxt will…