Suvo Strategic Minerals (AU:SUV) has released an update.
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Suvo Strategic Minerals Limited has received a $380,236 cash refund from Australia’s R&D Tax Incentive Program for its work on ‘Colliecrete’, a low-carbon cement and concrete formulation. This financial boost is expected to support the company’s ongoing R&D efforts and its joint venture with PERMAcast to develop new low-carbon products. Suvo is also exploring additional grants to further its research and commercialisation initiatives.
For further insights into AU:SUV stock, check out TipRanks’ Stock Analysis page.
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