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Suvo Strategic Minerals ( (AU:GT3) ) has issued an update.
Green360 Technologies Limited has announced a significant breakthrough in developing a low-carbon cement blend using red mud and kaolin. This innovation not only reduces hazardous elements but also meets international standards for environmental safety, offering a sustainable alternative to traditional Portland cement. The successful laboratory tests have shown that the red mud-kaolin blend can achieve over 85% of the compressive strength of standard cement, unlocking commercial potential and aligning with circular economy goals. The company plans to begin commercial-scale validation with its partner PERMAcast, aiming to demonstrate the blend’s performance in precast concrete products, thus addressing environmental challenges and enhancing its market positioning.
More about Suvo Strategic Minerals
Green360 Technologies Limited operates in the sustainable construction materials industry, focusing on innovative solutions that repurpose industrial byproducts. The company specializes in developing low-carbon cement blends, particularly utilizing red mud, a byproduct from alumina production, to create environmentally friendly construction materials.
Average Trading Volume: 644,499
Technical Sentiment Signal: Sell
Current Market Cap: A$40.38M
For a thorough assessment of GT3 stock, go to TipRanks’ Stock Analysis page.