Suvo Strategic Minerals Ltd (ASX:SUV) has executed a non-binding Memorandum of Understanding (MoU) with leading civil contractors Dowsing Group, specialists in slipform concrete pavements, barriers, kerbing, footpaths, hardscapes and civil services.
Dowsing is reportedly known for its innovative and 'out-of-the-box' thinking, providing tailored solutions such as slipform conveyor footings for large-scale overland conveyors at Rio Tinto’s Silvergrass East iron ore mine.
Under the MoU, Suvo will collaborate with Dowsing to negotiate a strategic partnership centred on exploiting Suvo’s intellectual property, specifically its low-carbon geopolymer concrete plant for formulations.
The end goal will be to develop a low-carbon concrete for deployment in a variety of end-use applications.
“Immense” benefits
"It's a fantastic opportunity and we're honoured to be working with Dowsing Group,” Suvo Strategic Minerals non-executive chair Aaron Banks said.
“Serving the civil construction industry for almost 40 years, Dowsing has earned a reputation for excellence.
“Specialising in footpaths, kerbs and concrete road barricades among many other services, Dowsing span both seaboards and has been involved with some of the largest infrastructure projects state governments around Australia have embarked on.
“The benefit of being able to trial low carbon geopolymer formulations with a commercial partner of this ilk is immense it affords us a 'real time' look at how the geopolymer concrete performs with the machines and people who will ultimately deploy it."
This latest MoU follows another recently announced with Polvine Pty Ltd, also known as PERMAcast, Western Australia’s leading supplier of precast and prestressed concrete products.
Read: Suvo Strategic Minerals executes non-binding MoU with major concrete infrastructure supplier
"We look forward to working with Suvo and their partners to develop a truly environmentally friendly geopolymer alternative concrete in the form of a geopolymer binder,” Dowsing Group managing director Bohdan Dowsing said.
“Dowsing's concrete operations span multiple scopes from structural to non-structural and each has unique challenges and requirements that need to be satisfied.
“Dowsing is constantly a large consumer of concrete across our operations and as part of our commitment to meeting our sustainability targets, we are always looking for innovative, environmentally friendly and sustainable solutions.”
The partnership with SUVO aligns perfectly with our strategic direction and we share the same common goals and core values."