Proactive Investors - Run By Investors For Investors

Sunrise Resources reports successful presentation at pozzolan symposium

Increased demand for pozzolan looks likely, as fly ash production from coal decreases
Sunrise Resources reports successful presentation at pozzolan symposium
The CS project looks highly prospective for pozzolan

Sunrise Resources PLC (LON:SRES) presented at the inaugural meeting of the Natural Pozzolan Association in Arizona on May 16 and 17.

The meeting was very well attended with over 70 delegates, mainly from the USA, but with several other countries also represented. A number of large multi-national cement and concrete producers and fly ash distribution companies were represented including some already engaged in joint testwork programmes and marketing/off-take discussions with the company.

READ: SVS has ‘speculative buy’ on Sunrise Resources, sees 0.41p target rising sharply as permitting progresses

The company says its presentation was very well received, and it was clear from the level of interest, and intense question and answer sessions that there is much concern for the future supply of fly ash from coal-fired generating stations.

"The NPA meeting and the company's presentation have created an increased level of awareness and interest in our CS project for natural pozzolan which we are now following up alongside our several ongoing marketing discussions,” said Sunrise chairman Patrick Cheetham.

“Moreover, the meeting has reinforced our belief that that the closure of coal-fired power stations and the resulting shortage of fly ash will be a "black swan event" within the industry that will see the continuing resurgence of natural pozzolan as a major component in concrete. We are well set to participate in this resurgence in a part of the US that is particularly badly affected and to pursue this scalable business opportunity in future on a wider basis."




View full SRES profile View Profile

Sunrise Resources PLC Timeline

Related Articles

January 13 2019
The company recently announced the start of the Chinchillas operation in Jujuy Province, Argentina
Lindi Jumbo is in southeast Tanzania, 200 kilometres from Mtwara port
April 23 2019
This month's offtake and marketing agreements come after a 'derisking' update to its DFS.
A map showing Comet's Springdale Graphite Project on WA's south coast
May 05 2019
New CEO Philippa Leggat joined the junior last week to explore the Esperance area project’s commercial potential.

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use