Suvo Strategic Minerals (ASX:SUV) - Executive Chairman Robert Martin
Executive Chairman Robert Martin
Source: The Market Herald
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  • Suvo Strategic Minerals’ (SUV) subsidiary has commenced a range of research and development (R&D) activities
  • The R&D work by Suvo Minerals Technology will be led by Eileen Hao, who has been appointed as the company’s new Chief Technology Officer
  • The initial work by Suvo will involve beneficiation trials using kaolin ore from its White Cloud Project to produce a specific high purity alumina (HPA)
  • HPA can then be used in high energy-efficient LEDs, semiconductors, optical lenses, bio-medical devices as well as lithium ion batteries
  • SUV shares are trading at 14 cents each, down 3.48 per cent

Suvo Strategic Minerals (SUV) advises that its subsidiary has commenced a range of research and development (R&D) activities.

The R&D work by Suvo Minerals Technology is being led by Eileen Hao, who’s just been appointed as the company’s new Chief Technology Officer.

The new leader will bring more than 25 years of experience to the role, with a background working in the industrial minerals sector.

Eileen also has a technical background in chemistry and materials engineering and has spent the last 15 years working on the research and development of lithium-ion battery minerals and materials.

Suvo said this experience will be of particular use to the company, which is carrying out R&D work related to lithium-ion batteries.

The technology subsidiary will initially carry out hydrometallurgical and pyrometallurgical beneficiation trials using kaolin ore from its White Cloud Project.

The company wants to produce high purity alumina (HPA) to 4N and 5N specification.

These grades of HPA can be used in high energy-efficient LEDs, semiconductors, optical lenses, bio-medical devices as well as in lithium iron batteries.

“Early exploration efforts have revealed that our kaolin and silica sands projects have the potential to produce very high-value products that are suitable to the new battery and electric vehicle technologies,” Suvo Executive Chairman Robert Martin said.

“Suvo Minerals Technology now gives us the opportunity to research the value in these and other highly sought-after markets whilst continuing to focus on the development of our White Cloud Kaolin and Nova Silica Sand Projects,” he added.

Shares in Suvo Strategic Minerals are trading at 14 cents each, down 3.48 per cent at 2:53 pm AEDT.

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