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Suvo Strategic Minerals: Increases production over Q4 FY21

Suvo Strategic Minerals: Increases production over Q4 FY21

  • Suvo Strategic Minerals (SUV) reported an increase in production from its Pittong kaolin operations in Victoria during the fourth quarter of FY21
  • SUV says production rose by 10 per cent quarter on quarter at Pittong, with a total of 6544 tonnes of refined kaolin products produced
  • The company said the operations had a strong sales pipeline ahead with a “noticeable increase in sales enquiries” recorded over the past few months
  • SUV also released its scoping study for White Knight Kaolin Project during Q4 and ended the period with $4.98M cash on hand
  • Company shares are trading steady at 16 cents per share
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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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