Independent Testwork Confirms Strong Auspozz™ Performance IN Mining Applications
Summary
Zeotech Limited announced that independent test work by Sustainable Future by Design confirmed the performance of its AusPozz™ product in underground mining applications. The tests showed that AusPozz™ can replace 20% of General Purpose Cement in cemented paste backfill, reducing binder consumption while maintaining performance. This could lead to cost savings and improved sustainability in mining operations.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- Independent study confirms AusPozz™ as a cement substitute.
- 20% GP Cement replacement reduces binder consumption.
- Achieved 100 kPa strength in 24-30 hours for plug mixes.
- Up to 25-40% carbon reduction identified.
- Potential for lower operating costs and improved mine stability.
Key Points
- Independent tests validate AusPozz™ for mining applications.
- 20% replacement of GP Cement reduces binder use while maintaining performance.
- Potential cost savings and improved sustainability identified.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Moderate Detail — The announcement includes technical details about cement replacement and performance metrics.
Share Price Reaction
Following the announcement, the share price moved from $0.0760 to $0.0780 over five trading days, representing a increased of 2.6%.
- Price at announcement: $0.0760
- 1 day change: 3.95%
- 5 day change: 2.63%
- 30 day change: 1.32%
Share price data may be delayed.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
