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Sunrise Resources reports successful presentation at pozzolan symposium

Increased demand for pozzolan looks likely, as fly ash production from coal decreases

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."




Quick facts: Sunrise Resources PLC

Price: 0.115 GBX

Market: AIM
Market Cap: £3.58 m

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