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The latest announcement is out from Sparc Technologies Ltd ( (AU:SPN) ).
Sparc Technologies has signed a trial agreement with BHP Mitsubishi Alliance to test its ecosparc® enhanced anti-corrosive coating at the Goonyella Riverside Mine in Queensland. This trial is part of Sparc’s strategy to validate ecosparc® across various sectors, showcasing its potential to outperform current market-leading coatings in highly corrosive environments. The trial, which will run for 24 months, aims to provide critical performance data, reinforcing industry interest in graphene-based solutions.
More about Sparc Technologies Ltd
Sparc Technologies Limited operates in the protective coatings industry, specializing in the development of graphene-based additives. Its flagship product, ecosparc®, enhances anti-corrosive properties of conventional coatings, aiming to improve the longevity and safety of steel infrastructures. Sparc targets sectors such as government, defense, mining, and oil & gas for its innovative solutions.
YTD Price Performance: 43.75%
Average Trading Volume: 135,468
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$22.05M
Find detailed analytics on SPN stock on TipRanks’ Stock Analysis page.
