Suvo Strategic Minerals: Signs commercial trials contract with C&D Logistics

Suvo Strategic Minerals Signs commercial trials contract with C&D Logistics

  • Suvo Strategic Minerals (SUV) signs a legally-binding supply contract with C&D Logistics Group for the commercial delivery of two high quality Pittong hydrous kaolin products
  • C&D plans to use the products in various commercial-scale trials and had evaluated technical data from Pittong, which includes a number of lab-scale samples
  • Suvo believes this contract is an important next step and another step closer to a commercial offtake agreement with C&D
  • The companies are in discussions regarding the sale price for a suite of potential full-scale commercial orders
  • Shares in Suvo are up 3.39 per cent to end the day trading at 6.1 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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