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Base Carbon reports Q3 2026 results with $1.9M from Rwanda carbon credit sales and strong CORSIA market momentum

Company Fundamentals
12 Nov 2026, 14:30 WIB
GlobeNewsWire
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Bullish
Base Carbon reports Q3 2026 results with $1.9M from Rwanda carbon credit sales and strong CORSIA market momentum

Base Carbon Inc. announced its Q3 2026 financial results, highlighting $1.9 million in cash proceeds from sales of CORSIA-eligible carbon credits generated by its Rwanda cookstoves project. The company now holds nearly 2 million CORSIA-eligible credits, with ongoing regular issuances expected. Positive regulatory developments, including the EU's proposal to embed CORSIA into law through 2035, have strengthened carbon credit pricing by about 39%. Base Carbon also reported stable earnings per share of $0.02 and continues to advance projects in Vietnam and India toward future carbon credit issuances.

Base Carbon's Q3 2026 results provide context for readers interested in the Basic Materials sector. As of Nov 12, 2026 19:11 WIB, out of 83 priced Basic Materials-sector US stocks tradable on Pluang, 25 rose and 57 fell. Notable movers include FSM at USD 9.18 with a -2.86% change, SVM at USD 8.96 with a -2.82% change, and AU at USD 89.42 with a -2.80% change and a Pluang order activity of 36% Sell / 64% Buy. The most notable figure is AU's typical hold time on Pluang of 51 days.

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