Pittong appears to be a revenue generating asset for ASX:SUV already selling product with established customers. I’d say they are in a much better position as don’t have to finance a new ($100m?) plant.
Their green cement strategy seems rather interesting, new formulations made at lab scale reducing emissions by 70% and achieving strengths of up to 52Ma + signing a licensing agreement with Murdoch for some IP in this space. Impressive.
Pittong appears to be a revenue generating asset for ASX:SUV...
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