Suvo Strategic Minerals site visit to build on strong relationships at Pittong plant – Proactive Investors Australia

11:17 Wed 23 Mar 2022
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“We are excited to build on the already strong relationships with the community here and ensure that funds raised from the recently completed capital raise are put to good use, having a direct correlation to the bottom line” – Henk Ludik.
Suvo Strategic Minerals Ltd (ASX:SUV) is sending non-executive chairman Henk Ludik to conduct a site visit to its 100%-owned Pittong Hydrous Kaolin Plant in Victoria.
The visit will enable Ludik to familiarise himself with the Pittong operation and meet the team overseeing the now fully funded plant expansion.
This comes just a week after the Australian kaolin producer and silica sand exploration company started an executive and board transition to facilitate its expansion plans, as well as the recent the recent $7.5 million capital raise, with funding to go towards accelerating the expansion of the Pittong plant.
Read: Suvo Strategic Minerals unveils executive and board transition to support expansion plans
“It’s great to be able to get over here and have a look at the Pittong plant first-hand,” Ludik said.
“We are excited to build on the already strong relationships with the community here and ensure that funds raised from the recently completed capital raise are put to good use, having a direct correlation to the bottom line.”
Work in relation to accelerating the expansion of the Pittong hydrous kaolin plant capacity to ~60,000 tonnes per annum from ~25,000 tonnes has started.

Tour of the existing press decks that currently produce ~25,000 tonnes per annum.
As Australia’s only hydrous kaolin producer, the expansion of capacity will be completed in parallel with current production and will not impact the existing operations.
Commissioning of the new facilities is expected to finished in early 2023.
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