Suvo Strategic Minerals (AU:SUV) has released an update.
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Suvo Strategic Minerals’ subsidiary, Climate Tech Cement, has entered into a joint venture with PT Huadi Bantaeng Industry Park to produce low carbon cement in Indonesia using nickel slag. This partnership aims to leverage abundant nickel slag resources to create innovative geopolymer cement, potentially transforming supply chains for the Southeast Asian market. The collaboration marks a significant step in Suvo’s expansion strategy, tapping into a regional demand of 300-400 million tonnes of Portland cement annually.
For further insights into AU:SUV stock, check out TipRanks’ Stock Analysis page.
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