MEEC reports preliminary Q3 revenue at least $4.9M, up ~75% YoY; highest quarterly revenue in over 3 years

Birchtech Corp.

Preliminary Q3 2021 revenue at least $4.9M, up approx 75% YoY from $2.8M in Q3 2020.
Phase 1 REE testing with Penn State achieved 80–90% extraction efficiency for select rare earth elements.
Court allowed discovery to proceed in July 2019 patent-infringement suit against refined coal entities.
Entered five-year non-exclusive license agreement with a Midwest U.S. utility for mercury-capture patents.
Q4 core revenue guided to ~$4M; expects positive operating cash flow and significant full-year growth over 2020.

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