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Suvo Strategic Minerals ( (AU:GT3) ) just unveiled an update.
Green360 Technologies has signed a non-binding memorandum of understanding with Holcim Australia, marking the first named commercial customer for its Eco-Clay low-carbon cement replacement. The deal will see up to 4,800 tonnes of Eco-Clay supplied over an initial 12-month period to Holcim’s Victorian concrete operations, with both parties aiming to finalise a binding supply agreement within 90 days.
The agreement caps a rapid commercialisation phase in which Green360 secured toll manufacturing with Calix, completed its first commercial production run and produced over 600 tonnes for field validation. Securing Holcim, a major player in low-carbon concrete, provides significant market validation for Eco-Clay, strengthens Green360’s position in the emerging low-carbon cement space and signals rising industry demand for domestic, scalable supplementary cementitious materials.
More about Suvo Strategic Minerals
Green360 Technologies, listed on the ASX as GT3, operates through its wholly owned subsidiary Suvo Minerals Australia to develop and supply Eco-Clay, a proprietary high-reactivity metakaolin used as a low-carbon cement replacement. The company leverages a capital-light manufacturing partnership with Calix’s Bacchus Marsh facility, targeting Australia’s growing demand for scalable, domestically produced low-carbon construction materials.
Average Trading Volume: 1,217,991
Technical Sentiment Signal: Hold
Current Market Cap: A$46.3M
See more insights into GT3 stock on TipRanks’ Stock Analysis page.