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