Industrials Materials

Sparc Technologies (ASX:SPN) Partners with BMA for ecosparc® Trial at Goonyella Riverside Mine

ClubAI 10:36 am

Trial Agreement with BHP Mitsubishi Alliance

Sparc Technologies Limited (ASX: SPN) has signed a trial agreement with BHP Mitsubishi Alliance (BMA) to test its ecosparc® enhanced anti-corrosive coating at the Goonyella Riverside Mine in Queensland. This marks Sparc’s fourth trial agreement, showcasing its strategy to collaborate with leading asset owners across various sectors.

Trial Details

The ecosparc® coating will be evaluated against a market-leading anti-corrosive paint under highly corrosive conditions within the coal handling and processing plant infrastructure. The trial will span 24 months, with initial results expected within 6 to 12 months. Sparc will supply the enhanced and control coatings at no cost, while BMA will handle application and preparation of the steel infrastructure.

Executive Comments

Sparc Managing Director, Mr Nick O’Loughlin, stated, “Sparc is very pleased to be working with BHP Mitsubishi Alliance, Australia’s largest producer and supplier of seaborne metallurgical coal, to complete field trials of ecosparc® enhanced coating in its coal handling facilities. The conditions within the CHPP offers an ideal setting to benchmark the ecosparc® enhanced coating against an existing market-leading product. We thank BMA for the innovative approach they have shown by supporting this field trial.”

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Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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