Posted on 5th February 2023
Highlights
- SciDev has been awarded a new three-year contract with Iluka Resources Limited at the Jacinth-Ambrosia Mineral Sands operation securing supply until March 2026
- The contract is expected to generate c.A$14 million over the three-year period for the supply of MaxiFlox® chemistry
- The contract further extends the relationship with Iluka at their Jacinth-Ambrosia operation which commenced in 2019
SciDev Ltd (ASX: SDV) (‘SciDev’ or ‘the Company’) is pleased to announce that it has secured a new three-year contract with Iluka Resources Limited (‘Iluka’) for the supply of MaxiFlox® chemistry to their Jacinth-Ambrosia Operation. SciDev’s chemistry is currently utilised on-site for the treatment of the mine site tailings to assist in maximising water recovery whilst minimising the tailings footprint.
The new contract at Jacinth-Ambrosia, follows the recent agreement with Iluka at their Cataby Operation in Western Australia and extends SciDev’s relationship with Iluka at the Jacinth-Ambrosia site that commenced in 2019.
SciDev’s Chemistry business focuses on the development, manufacturing, and supply of a range of chemistries that help our clients improve their operational efficiency and minimise waste generation.
SciDev CEO Seán Halpin said, “The new contract at Jacinth-Ambrosia further extends our relationship Iluka, where we are working across multiple sites to reduce their tailings footprint and maximise water recovery. Our ongoing relationship with Iluka reflects both the quality of our products and the skill set of our team. We remain actively engaged with a number of international and domestic resource clients and we expect the sector to deliver future growth opportunities for SciDev in FY23 and beyond”.
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