Welcome to Suvo Strategic Minerals’ latest shareholder update. It has been an active period for the Company, with some exciting developments and industry engagements to close out the end of the financial year.  

In late May, we announced our non-binding Cooperation Agreement with C&D Logistics Group Co Ltd (C&D), the minerals arm of Fortune 500 company Xiamen C&D.  

This agreement marks a significant milestone in supporting Suvo’s strategic growth plan. Through this agreement we will seek to negotiate a Sales and Purchase (Offtake) Agreement with C&D in good faith, with a target minimum offtake of 80,000tpa of hydrous calcined kaolin.  

These kinds of agreements will help underpin the transformation works underway at our Pittong operations in Victoria. 

At the start of the month, I had the opportunity to meet Victorian Minister for Resources, Jaala Pulford, along with other key industry stakeholders at an event hosted in Melbourne by the Association of Mining & Exploration Companies (AMEC).  

During these engagements we discussed the issues facing the Victorian minerals industry and its future outlook.  

With the backdrop of the evolving energy crisis across the east coast of Australia, Environmental, Social and Governance (ESG) commitments were a key part of the discussions. I was grateful for the opportunity to outline our continued investment, initiatives, and recent appointment of ESG+F to implement our own ESG framework.  

Through June we continued to progress our strategic focus on the role of high reactivity metakaolin (HRM) as a sustainable solution in decarbonising cement.  

Following Suvo’s new membership to the Concrete Institute of Australia (CIA), I attended and presented at a CIA seminar this month, outlining Suvo’s green solution to cement production to key industry stakeholders.  

Cement production is the world’s single largest industrial cause of carbon pollution, responsible for 8% of global emissions. With the incorporation of HRM the industry can significantly reduce carbon intensity through the cement production process.  

The green cement market is forecast to be worth US$56 billion by 2027 and currently in Australia there is no commercial scale HRM producer.  

As an emerging producer we are excited about our unique position to establish a strong market foothold and commercial offering, and ultimately supply a solution for industry to reduce carbon emissions.  

We look forward to sharing more updates and initiatives over the coming months as we focus on celebrating project milestones and outline developments to our Pittong facility.  

Explore below to find out more detail and information on these updates.