Suvo Strategic Minerals Limited (ASX: SUV) has announced that it has executed a binding joint development agreement (JDA) with its wholly owned subsidiary Climate Tech Cement Pty Ltd (CTC) and Polevine Pty Ltd (PERMAcast).
Executive chairman, Aaron Banks, commented, “And so, a new exciting chapter begins. Collaborating with the industry leader, PERMAcast, to deliver waste-derived, low carbon geopolymer concrete products to market is a watershed moment for the company. Our first step in commercialization has been taken and now the exciting work begins.”
The purpose of the JDA is for CTC and PERMAcast to deliver low carbon geopolymer concrete (GPC) products and projects, and otherwise commercialize the intellectual property (IP) created through a joint venture entity. The JV entity post formation will:
- Prepare and test a range of GPC formulations to meet concrete strength requirements of nominally 10, 20, 30, and 40 MPa, and determine maximum strength attainable
- Characterize and assess applications/products that can utilize the different GPC strength formulations
- Test and demonstrate suitability of different GPC formulations for different applications/products
- Assess cost and performance of different GPC applications/products to determine preferred route for commercialization
The first GPC product to be delivered, using the Colliecrete formulation, will be a series of 1,000mm x 300mm x 300mm backing blocks for a major government infrastructure project at the request of the Sustainability Waste Allowance (SWA).
The GPC backing blocks are anticipated to be delivered to the project by the end of July 2024. The production of the blocks will be done concurrently with the formation of the JV Entity.
PERMAcast CEO, Darren Hedley, commented, “We are excited to announce our partnership with Suvo and Climate Tech Cement. By signing the joint development agreement, we are not only producing concrete but also incorporating innovation and sustainability. Our first project in this collaboration involves creating Geopolymer backing blocks. We are transitioning ideas from the lab to viable and scalable products in the market. This lays the foundation for a range of products and waste-derived inputs that will be introduced in the future.”
To find out more, please visit www.suvo.com.au
To read more articles like this, please visit www.theassay.com/news
