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SUVO STRATEGIC MINERALS LIMITED - Corporate Spotlight

Suvo Strategic Minerals is focused on the development of their 100% owned projects... Suvo Strategic Minerals is focused on the development of their 100% owned projects located in Western Australia. Kaolin-The DNA of the modern world-is a global high demand commodity that has a wide use of applications including high purity alumina (HPA) which is used in new smart gadgets and lithium batteries.More

Corporate Spotlight

Suvo Strategic Minerals is focused on the development of their 100% owned projects located in Western Australia. Kaolin-The DNA of the modern world-is a global high demand commodity that has a wide use of applications including high purity alumina (HPA)
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Suvo Expands Nova Sands Project - TMH Live Sep

VIDEOS

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The Market Herald Live: Suvo Expands Nova Silica Sands Project - September 2020




The Market Herald Live: SUV appoints global minerals expert Dr. Ian Wilson



The Market Herald Live: Shares Soar on the first day of trading



Launch Day with Aaron Banks, SUV - July 2020


SUV expands White Knight

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SUVO Strategic Minerals (ASX:SUV) expands White Knight

Materials

ASX:SUV    MCAP $34.68M 
Suvo Strategic Minerals (ASX:SUV) - Executive Director, Aaron Banks (left), Executive Chairman, Robert Martin (right) - The Market Herald
Executive Director, Aaron Banks (left), Executive Chairman, Robert Martin (right)
Source: Suvo Strategic Minerals


  • SUVO Strategic Minerals (SUV) has expanded its landholding at its White Knight Kaolin Project in WA
  • SUVO has been granted two new exploration licences by the WA Department of Mines
  • It brings the company's total landholding for the project to over 40,000 hectares
  • The White Knight project has a JORC Inferred Resource of 31.5 million tonnes of bright white kaolinised granite
  • Shares in SUVO are currently trading for 6.7 cents each

Exploration and mining company SUVO Strategic Minerals (SUV) has expanded its landholding at its White Knight Kaolin Project in WA.


The White Knight Project is one of SUVO's flagship projects and is located on cleared farming land northeast of Perth.

The WA Department of Mines has today granted SUVO two new exploration licences for the site, expanding its total landholding to over 40,000 hectares.


The new licences cover an area north of its existing tenement, which SUVO considers highly-prospective for kaolin.


The White Knight project currently has a JORC Inferred Resource of 31.5 million tonnes of bright white kaolinised granite


Commenting on the expansion news, SUVO Executive Director Aaron Banks said this will help increase its resource estimate: 

"The expansion of the prospective area will provide additional exploration targets with the opportunity to further increase our resource and help accelerate a pathway to mining," he said.


"The new tenements are likewise located close to excellent logistic solutions with direct access to multiple ports via well-established and under-utilised road and rail networks," he added.


Shares in SUVO Strategic Minerals are currently trading up 1.52 per cent at 6.7 cents each at 3.03 pm AEST.


Read the full article on The Market Herald here: https://themarketherald.com.au/suvo-strategic-minerals-asxsuv-expands-white-knight-2020-09-10/

SUV APPOINTS GLOBAL EXPERT D WILSON

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Suvo Strategic Minerals (ASX:SUV) appoints global expert Dr Ian Wilson

Materials

ASX:SUV 



Source: The Market Herald


  • Suvo Strategic Minerals (SUV) has appointed economic geologist Dr Ian Wilson to the board as a Non-Executive Director, effective from September 1
  • Dr Ian Wilson brings 45 years of international experience in industrial minerals
  • He has held a number of technical and leadership positions in major companies, including the world's largest kaolin producer, Imerys
  • Executive Chairman Robert Martin is pleased to have someone of Ian's calibre joining the board
  • In particular, the addition will help accelerate the commercialisation of Suvo's White Knight Kaolin Project in WA
  • Company shares remain in the grey, trading flat at five cents in early day trade

Suvo Strategic Minerals (SUV) has appointed Dr Ian Wilson to the board as a Non-Executive Director, effective from September 1, 2020.


Dr Ian Wilson is a well-regarded Economic Geologist with 45 years' global experience in the industrial minerals sector.

He has held technical and management positions in publicly-listed companies such as Imerys, which is the world's largest kaolin producer.


For nearly three decades, Ian worked for English China Clays and Imerys on global geological and project activities. In the early 1980s, he was the General Manager of ECC do Brasil Mineração in Jundipeba, São Paulo. Following this, he was the joint Managing Director of joint venture company, CEDESCA, in Spain.


Additionally, Ian was a Project Manager for ECC's new ground calcium carbonate (GCC) operations in Sweden and China, and was a secretary of the Mineralogical Society of London.


"Ian has spent the last 45 years evaluating, testing, sourcing and commercialising kaolin deposits for some of the largest mines and end-users of kaolin globally," Executive Chairman Robert Martin said.


"Attracting someone of the calibre of Ian to our Board validates the significant potential we have with our White Knight Kaolin project," Robert added.


Suvo considers this appointment to be highly strategic in commercialising its White Knight Kaolin Project, which is located roughly 210 kilometres northeast of Perth, Western Australia.


Company shares remain in the grey, trading flat at five cents in early day trade.


Read the full article on The Market Herald here: https://themarketherald.com.au/suvo-strategic-minerals-asxsuv-appoints-global-expert-dr-ian-wilson-2020-08-25/

WHITE GOLD: THE OPPORTUNITY OF KAOLIN

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White gold: the opportunity of kaolin entices ASX-listed exploration companies

Materials

White gold: the opportunity of kaolin entices ASX-listed exploration companies


  • Another ASX-listed company has moved into the kaolin market, as companies begin to see the opportunities associated with the versatile mineral
  • Kaolin is a type of white clay, which is derived from the mineral Kaolinite
  • Its mainly used in the paper and ceramics industry, though it can also be used in fibreglass, rubber, plastic, pharmaceuticals and even makeup
  • Kaolin can be transformed into high purity alumina (HPA) which is used in new smart gadgets and lithium batteries

A new type of mineral is being snapped up by ASX-listed companies, who are hopping on the 'white gold' trend.

The opportunity here is kaolin - a type of white clay, which is derived from the mineral Kaolinite.


The mineral is used primarily by the paper and ceramics industry, however, it also has applications in fibreglass, rubber, plastic, pharmaceuticals and even makeup.


It can also be transformed into high purity alumina (HPA), which is in incredibly high demand as it's used in smartphones, watches and lithium-ion batteries.


HPA was traditionally produced from aluminium metal, but new technologies mean it can now be produced from kaolin, placing the mineral in hot demand as well.


There are numerous companies who have already bought into kaolin, including Andromeda Metals (ADN), Altech Chemicals (ATC), FYI Resources (FYI), Metalsearch (MSE), Archer Materials (AXE) and Accelerate Resources (AX8).


Picture: Kaolin Mining


Soon to be ASX-listed company SUVO Strategic Minerals (SUV) has also entered the market, acquiring the Mt Marshall Kaolin Project in WA last year.


SUVO Strategic Minerals plans to eventually sell its product to the premium ceramics, fibreglass and paper coating markets.

Altech Chemicals is taking a different approach. It recently completed stage two construction work at its HPA plant in Malaysia, where it plans to use kaolin as its feedstock.


Altech has a ten-year offtake sales arrangement with Mitsubishi Corporation's Australian subsidiary, Mitsubishi Australia, to supply them all of its HPA.


Meantime, FYI Resources wants to use its kaolin as feedstock to create HPA, as do Metalsearch.

While Andromeda - who has joint agreements in place with Minotaur Explorations (MEP) for two kaolin projects - believe they can sell the products both as feedstock and to the ceramic industry.


Finally, Archer Materials and Accelerate Resources have begun testing their kaolin product, to see what potential it has as HPA feedstock.


Read the full article on The Market Herald here: https://themarketherald.com.au/white-gold-the-opportunity-of-kaolin-entices-asx-listed-exploration-companies-2020-07-23/

SUVO to list on the ASX

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SUVO Strategic Minerals (ASX:SUV) to list on ASX

Mining

SUVO Strategic Minerals (ASX:SUV) to list on ASX
Picture: Australian Securities Exchange Building in Sydney


  • SUVO Strategic Minerals is set to list on the ASX under the ticker code (ASX:SUV)
  • As part of the listing, SUVO has undertaken a public offer and raised around $5 million
  • The funds will be used to further explore the company's flagship projects, including the high-grade kaolin deposit in Gabbin, WA, and a silica sand project in Eneabba, WA.
  • Under the public offer, shares in the company were sold for 2 cents each

SUVO Strategic Minerals will soon be listed on the ASX, after the successful completion and IPO of around $5 million.

Under the offer, shares in SUVO were being sold for 2 cents per share, with more than 250 million shares on offer.

Suvo raised around $5 million in total through the offer, with the funds to be used to satisfy ASX listing rules and requirements.


The focus

The funds will be used to further explore the company's flagship projects, including the high-grade kaolin deposit in Gabbin, WA, and a silica sand project in Eneabba, WA.


Both projects are already 100 per cent owned by the SUVO and were purchased by in October of 2019.

The Mt Marshall Kaolin Project has an inferred mineral resource estimated of 13.4 million tonnes of white kaolin, averaging an ISO brightness of 80.3 per cent.



While the Eneabba Sands Project is a prospective for silica sand and construction sand, with a resource identification program planned for late 2020 or early 2021.


Speaking on the kaolin deposit, SUVO Managing Director, Aaron Banks, told The Market Herald he is confident the project has great potential.


'Our immediate focus is on our White Knight Kaolin Project, as high-grade Kaolin has become a highly sought after commodity globally, particularly in Asia where it is in very high demand with increasingly, low supply," MD, Aaron said.


"Our Kaolin is shaping up to be able to be delivered into the premium end of the market, namely ceramics, fibreglass and paper coating," he said.


It's hoped the high-grade kaolin will be sold into the market for between US$200 and US$700 per ton (around A$280 to A$981 per ton).

SUVO is yet to list on the ASX, but when it does it will be under the ticker code (ASX:SUV).


Read the full article on The Market Herald here: https://themarketherald.com.au/suvo-strategic-minerals-asxsuv-to-list-on-asx-2020-07-22/

ABOUT SUVO STRATEGIC MINERALS

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ABOUT

Suvo Strategic Minerals is a dual commodity Australian mining company listed on the Australian Stock Exchange (ASX:SUV) focused on the development of their 100% owned White Knight Kaolin Project located in the Yilgarn Craton in the central wheat belt and their 100% owned Nova Silica Project located in the Gin Gin Scarp near the township of Eneabba all situated within Western Australia.

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PROJECTS


White Knight Kaolin Project

Located on private land 210kms North East of Perth, Western Australia, Suvo’s 100% owned Kaolin Project is potentially a World Class Resource.

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Nova Silica Sand Project

The Nova Silica Sand Project is a 100% owned potential large-scale Silica Sand resource located in the Gin Gin scarp near the township of Eneabba.

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MEDIA


SUVO Strategic Minerals (ASX:SUV) to list on ASX

SUVO Strategic Minerals will soon be listed on the ASX, after the successful completion and IPO of around $5 million.

Read More


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