Zeotech Completes Preliminary Feasibility Study for Queensland Project; Shares Down 12%

MT Newswires Live

2025/06/24

Zeotech (ASX:ZEO) completed a preliminary feasibility study (PFS) for its AusPozz project in Queensland, according to a Tuesday filing with the Australian bourse.

The PFS confirmed that AusPozz can be produced with a low carbon footprint, at low cost and low risk, with the project benefiting from the ultra-high purity of the Toondoon kaolin deposit, the filing said.

The proposed 300,000-dry-tonnes-per-annum AusPozz manufacturing facility at the Port of Bundaberg is supported by existing infrastructure, logistics, and utilities, with the potential for future expansion.

A definitive feasibility study is set to start in the third quarter of the year, with the final investment decision expected in the first quarter of 2026, per the filing.

Shares fell 12% in midday trade Tuesday.

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