Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • SciDev (SDV) is set to participate in a commercial trial with Fortescue Metals Group (FMG) at its Solomon Hub in WA
  • SciDev was invited to a week-long field qualification trial after progressing through a competitive tender process, representing $60,000 in revenue
  • The field qualification will focus on the performance of SciDev’s Maxiflox chemistry under plant operating conditions
  • MaxiFlox is SciDev’s range of chemistry products specifically designed for the treatment of wastewater across a range of sectors
  • SciDev is up 0.74 per cent, trading at 68 cents

SciDev (SDV) is set to participate in a commercial trial with Fortescue Metals Group (FMG) at its Solomon Hub in the Pilbara region of WA.

Based in NSW, SciDev develops chemistry and engineering solutions to assist customers with a range of operational issues associated with water.

SciDev was invited by Fortescue to participate in a week-long field qualification trial after progressing through a competitive tender process, representing $60,000 in revenue.

The field qualification will focus on the performance of the Maxiflox chemistry under plant operating conditions at the Solomon Hub.

The Solomon Hub, located in the Hamersley Ranges around 60 kilometres north of Tom Price, comprises of the Firetail and Kings Valley mines, which together have a production capacity of 75 million tonnes per annum.

MaxiFlox is SciDev’s range of chemistry products are specifically designed for the treatment of wastewater across a range of sectors, including mining, oil and gas, industrial wastewater and construction. The products are supplied in both liquid and powder form, across a range of molecular weights and charge densities.

“The agreement with Fortescue further extends the presence of SciDev chemistry and services across major mining projects in Australia, said SciDev Managing Director and Chief Executive Officer, Lewis Utting.

“With water being a premium commodity in the Pilbara, SciDev’s technology can add real benefit to our customers as well as reduce their environmental footprint. The continued growth of SciDev and our ability to work with and service major mining companies such as Fortescue highlights the caliber of the SciDev team in executing the technical and commercial evaluations with our customers.”

SciDev is up 0.74 per cent, trading at 68 cents at 9:40 am AEDT.
 

SDV by the numbers
More From The Market Herald

" Celamin (ASX:CNL) secures commitments to raise $3.2m

Celamin Holdings (CNL) has secured binding commitments to raise $3.2 million at 7.5 cents per share. The company will issue up to 42.6...

" Kula Gold (AXS:KGD) releases RC results at Boomerang Kaolin prospect

Kula Gold (KGD) has released reverse circulation (RC) drilling results at its Boomerang Kaolin prospect in Western Australia’s Southern Cross region.

" Winchester Energy (ASX:WEL) acquires oil field in Texas

Winchester Energy (WEL) has acquired a 100 per cent working interest in the Varn oil field in Texas.
West Wits Mining (ASX:WWI) - Chairman. Michael Quinert

" West Wits Mining (ASX:WWI) increases Witwatersrand MRE by 20pc

West Wits Mining (WWI) has announced an update to the JORC mineral resource estimate (MRE) at its Witwatersrand Basin Project (WBP) in South