Eden Energy (ASX: EDE) will trade higher after entering into a global, perpetual licence agreement to utilise carbon nanotube and cement technology developed at Monash University in Victoria.

Eden proposes to produce a product using the technology which will contain carbon nanotubes and a liquid identified by Monash that can be added to cement to produce a stronger concrete.

Eden Energy inks carbon nanotube and concrete technology license with Monash University – Proactiveinvestors (AU).