SciDev (ASX:SDV) signs three-year supply deal with Iluka Resources (ASX:ILU) to supply Cataby mine

• SciDev (SDV) secures a three-year contract with Iluka Resources (ILU) for the supply of MaxiFlox chemistry to their Cataby mineral sands operation in WA
• The agreement is expected to generate approximately $14 million over the life of the contract, with sales anticipated to commence in March
• MaxiFlox will be utilised for the treatment of the mine site tailings to assist in maximising water recovery, whilst minimising the tailings footprint
• The contract at the Cataby operation follows the ongoing engagement SciDev has with Iluka at their Jacinth Ambrosia operation, which first began in 2019
• Shares in SciDev are up 13.9 per cent, trading at 41 cents as of 11:55 am AEDT

SciDev (SDV) has secured a three-year contract with Iluka Resources for the supply of MaxiFlox chemistry to their Cataby mineral sands operation in Western Australia.

The contract is expected to generate approximately $14 million over the life of the contract, with sales anticipated to commence in March.

“It is exceptionally pleasing to extend our relationship with Iluka to a second operating site,” SciDev CEO Seán Halpin said.

“The continued strength of the underlying global resources sector presents a significant growth opportunity for SciDev and we remain actively engaged with a number of tier-one clients as we look to deliver future growth opportunities.”

MaxiFlox will be used for the treatment of the mine site tailings to assist in maximising
water recovery, whilst minimising the tailings footprint.

The contract at the Cataby operation follows the ongoing engagement SciDev has with Iluka at their Jacinth Ambrosia operation, which first began in 2019.

Shares in SciDev were up 13.9 per cent, trading at 41 cents as of 11:55 am AEDT.