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Suvo Strategic Minerals Ltd (ASX:SUV) has entered into a cooperation agreement with the manager of Bantaeng Industrial Park in Indonesia to explore a potential commercial arrangement. Under this agreement, Suvo aims to incorporate an industrial slag by-product into its geopolymer mix design to develop an eco-friendly geopolymer cement.
The agreement was executed through Suvo’s wholly owned subsidiary, Climate Tech Cement Pty Ltd, in collaboration with PT Huadi Bantaeng Industrial Park (PT HBIP), the management entity of Bantaeng Industrial Park. This partnership provides an opportunity to leverage resources available within the industrial park to create sustainable building materials.
Located in South Sulawesi, about 140 kilometers southeast of Makassar, PT Huadi Nickel-Alloy Indonesia (PT HNI) is a significant tenant of the Bantaeng Industrial Park. PT HNI operates a nickel pig iron production facility and generates substantial quantities of a slag by-product as part of its industrial processes. Climate Tech Cement plans to test this by-product to determine its suitability for use in the production of geopolymer cement and concrete products.
The testing phase will be crucial in evaluating the potential of this material as a substitute for traditional cement components. Climate Tech Cement has agreed to share the results of its tests with PT HBIP, facilitating a data-driven decision-making process regarding a future commercial arrangement. Such an arrangement would involve the ongoing supply of the material from PT HBIP and the subsequent commercialization of the slag by Climate Tech Cement.
Suvo Strategic Minerals' executive chairman, Aaron Banks, has expressed optimism about this initiative, highlighting the significance of beginning this development in Indonesia. He noted that this initiative represents an important opportunity to build upon the company’s existing intellectual property, developed primarily in Western Australia. The intention is to incorporate the slag by-product produced and stockpiled by PT Huadi into a geopolymer mix design. The ultimate goal is to create a geopolymer cement binder that could serve as an eco-friendly alternative to traditional clinker-based cement binders, which are known for their high carbon emissions.
The global demand for geopolymers is rising, driven by the need for eco-friendly and sustainable materials in construction and infrastructure projects. Geopolymer cement is created through a chemical reaction between an alkaline solution and an aluminosilicate source, often derived from industrial by-products. This type of cement has the potential to replace traditional cement powder in concrete, offering a more sustainable option for building materials.
The geopolymer market is experiencing significant growth due to increasing awareness of sustainable construction practices, efforts to reduce carbon footprints, and supportive government initiatives. The growing demand for waste management solutions also contributes to the expansion of this market. As such, Suvo's partnership in Indonesia positions the company to capitalize on these trends while contributing to global sustainability goals.
