Zeotech Says Metakaolin Product a Viable Cement Substitute in Underground Mining; Shares Rise 7%

MT Newswires Live
Jul 13

Zeotech (ASX:ZEO) said independent test work validated its AusPozz metakaolin product as a viable cement substitute in underground mining, according to a Monday filing with the Australian bourse.

An independent study by Sustainable Future by Design confirmed that AusPozz delivers improved technical performance and potential cost savings in underground cemented paste backfill applications, per the filing.

The study further showed that 20% general purpose cement replacement can reduce overall binder consumption while maintaining required cemented paste backfill performance, the company said.

Its shares advanced 7% in recent Monday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10