SDV 0.00% 61.5¢ scidev ltd

Ann: SciDev Maxiflox contract with Eramet subsidiary SLN, page-2

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  1. 7,100 Posts.
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    SciDev Limited (ASX:SDV; SciDev, or the Company) is pleased to announce that it has signed a contract
    for supply of its MaxiFlox chemistry with SLN, a subsidiary of Eramet, the world’s number one producer
    of ferronickel, a key raw material input to the stainless steel market.
    The commercial supply will begin in FY21 for SLN’s Nepoui and Tiebaghi nickel operations. SciDev
    progressed through laboratory and field qualifications in early FY21. The Company’s MaxiFlox®
    chemistry and OptiFlox® technology will be used onsite to improve operational efficiency and water
    use.
    Revenue for SciDev is expected to be between US$0.7-1.0m over the term of the
    contract

    Last edited by veeone: 11/03/21
 
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