Ann: Phoslock secures Major Chinese Accreditation, page-8

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Corporate: China’s Water Ministry has officially recognised Phoslock’s water conservation tech
2 hours ago | Nick Sundich


Two years since it began selling into China, Phoslock Environmental Technology (ASX: PET) has been recognised by China’s water ministry.

The ministry’s Science and Technology Promotion Centre has released its Official Guide for 2019 which promotes water conservation technology. Phoslock shareholders were informed this morning they had made the cut.

Phoslock is a material that attacks phosphate. When phosphate is present in water it is easier for quality and odour issues to be present including algae.

According to the company this has been applied to over 250 water bodies around the world. In this context, appearing on a government guide may seem minor. But, chairman Laurence Freedman declared this would be a significant step in helping Phoslock market its products in China.

“This level of recognition for our benchmark product speaks volumes to all the hard work put in by the Company and our Chinese partners to secure this status so rapidly,” he said.

“The opportunities this official acknowledgement offers the Company will be significant.”

It is common knowledge that air quality is a significant problem in China, but water quality is just as concerning, especially in regional areas.


Surveys conducted last year, by Chinese environmental officials, found 29 per cent of water samples were unsuitable for drinking and fishing and phosphorus was one of the major pollutants.

While shares are unchanged so far today, they have jumped over 70 per cent in the last two weeks.