Zeotech (ASX:ZEO) has executed a non-binding letter of intent (LoI) with Bisley & Company to develop and assess a potential commercialisation and distribution framework for AusPozz™ products within Australia and selected international markets.
Bisley & Company is a multinational marketer and distributor for quality industrial raw materials and specialty additives, with more than 70 years operating history across the Asia Pacific, Middle East, and North America.
Both parties have agreed to share capability through mutual collaboration. Bisley will provide its expertise in marketing and distribution of industrial materials, while Zeotech will offer its high-reactivity metakaolin AusPozz™ products.
As part of the agreement, Bisley will conduct a preliminary market assessment, together with customer engagement support by Zeotech to evaluate the potential of AusPozz™.
Zeotech CEO James Marsh says this LoI establishes a framework for both companies to work together in progressing the commercial opportunity presented by AusPozz™.
The company has already generated commercial interest with numerous prospective customers Australia and overseas that have tested AusPozz™ and approved for its use.
Zeotech notes the existing pipeline of demand represents an opportunity that can potentially be efficiently serviced through Bisley’s established distribution network.
Matt Henry, operations director of Bisley & Company, says the company sees AusPozz™ as a “promising” industrial product and the company will leverage its technical expertise and established supply chain capabilities to identify and develop opportunities.
AusPozz™ is a high-performance metakaolin for use in low-carbon concrete and as a manufactured pozzolan it is approved for use in Australian concrete standards as a supplementary cementitious material. AusPozz™ is produced from Zeotech’s high-purity Toondoon kaolin deposit in Queensland.
Zeotech is focused on kaolin resources to produce high-reactivity metakaolin for the low-carbon concrete market and advanced materials for greenhouse gas mitigation.
Write to Aaliyah Rogan at Mining.com.au
Images: Zeotech
