Proactive - Interviews for investors

Just the Facts: Suvo wins three-year deal for hydrous kaolin supply

Episode Summary

Proactive’s Tylah Tully breaks down ‘Just the facts’ of the latest news from Suvo Strategic Minerals Ltd (ASX: SUV). Suvo has extended its major sales contract with Norske Skog, or the buyer, for the supply of hydrous kaolin from its Pittong operation in Victoria. The new three-year agreement commenced in January 2025 under the same terms as the previous contract, with a CPI price adjustment. The buyer estimates it will purchase between 21,000 and 24,000 tonnes of hydrous kaolin over the contract term, an increase from the 16,300 tonnes supplied under the prior agreement. The company views this contract extension as confirmation of its ability to supply large volumes of kaolin. The increased demand from the buyer is expected to contribute to significant sales growth in 2025, supported by orders from other existing customers. Additionally, Suvo is awaiting results from larger batch trials being conducted by other customers, including ongoing test work in Japan for using kaolin to control and capture particulate lead emissions from municipal waste incineration. #ProactiveInvestors #SuvoStrategicMinerals #ASX #HydrousKaolin #KaolinSupply #NorskeSkog #PittongOperation #SalesContract #MineralsIndustry #CPIAdjustment #IndustrialMaterials #KaolinProducts #BatchTrials #ParticulateControl #LeadEmissions #KaolinDemand #SustainableSolutions #MaterialsInnovation #2025Growth #MineralsSupply #KaolinApplications #Sustainability