Suvo Strategic Minerals sets sights on Asia with high quality kaolin
–News Direct–
Suvo Strategic Minerals Limited (ASX: SUV) interim CEO Bojan Bogunovic tells Proactive more than 20 end users throughout Asia Pacific are currently testing Suvo product samples from the companys hydrous kaolin Pittong Operation. He adds that multiple global chemical distribution companies have now been appointed throughout the Asia Pacific region. SUVs 100% owned Pittong Operation, located in Victoria, is the sole wet kaolin mine and processing plant in Australia and has been in operation since 1972.Banks said: This is an outstanding first-round trial result for the company which could provide an entry into a large industry.
If the cement industry were a country, it would only be behind China and the United States of America in CO2 emissions.
The world use of cement is equivalent to building New York City every 40 days.
The opportunity to play a part in reducing emissions in the cement industry is analogous to the role of electric vehicles in replacing internal combustion engines in the global passenger car fleet.
Its the next round of testing that we look forward to most.
We now expect to start further testing with Pittong Kaolin and combining this with other mining companies waste products such as fly ash and slag, that might otherwise be committed to landfill, we will look to convert those waste streams into low carbon concrete.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
View source version on newsdirect.com: https://newsdirect.com/news/suvo-strategic-minerals-sets-sights-on-asia-with-high-quality-kaolin-184995055
Suvo Strategic Minerals Ltd
COMTEX_443217718/2655/2023-11-09T10:44:46
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