Coal plant concept
Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Sparc Technologies (ASX:SPN) has inked a deal with the BHP Mitsubishi Alliance (BMA) to test out its anti-corrosive coating on coal plant infrastructure in Queensland.

Sparc’s ‘ecosparc’ coating product will be trialled at BHP’s Goonyella Riverside Mine – the fourth such trial Sparc has embarked on.

The coating is based on graphene, a hard-to-make but highly resilient form of graphite. It’s Sparc’s other big venture outside a hydrogen partnership it had struck with Fortescue.

Fortescue basically mothballed its hydrogen division Fortescue Future Industries (FFI) last year but continues to make pointedly less ambitious inroads into hydrogen production; a small reactor using Sparc’s tech is set for construction at the midpoint of this year.

Ecosparc will be tested against an un-named “market-leading anti-corrosive” to determine which product is better fitted for the coal plant assets.

According to Sparc, the Goonyella mine is perfect for the trial given the temperature and moisture levels within the plant. (Consider it has ‘Riverside’ in the name.)

Prior companies who have trialled Sparc’s products include Santos, 29Metals, and the South Australian infrastructure department.

SPN last traded at 25cps after no change through the morning.

Join the discussion: See what HotCopper users are saying about Sparc Technologies and be part of the conversations that move the markets.

Note: this story has been updated to reflect Sparc’s January announcement regarding a small plant testing its hydrogen tech.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

spn by the numbers
More From The Market Online

OD6 Metals rediscovers ultra high-grade Big Jim fluorspar lode

OD6 Metals has rediscovered the historically significant high-grade Big Jim fluorspar lode at its Quinn project…
The Market Online Video

The ASX Today: Aussie market caught between Wall Street records, unstoppable oil – and all on Budget Day

Hello and welcome to HotCopper’s The ASX Today, I’m Seja Al Zaidi.
HotCopper Daily Market Trends Graphic

Tuesday’s HotCopper trends: Elevtra, Metallium, EV Resources, and other daily topics

the S&P/ASX 200 is lower today, dropping 35.20 points or 0.40% to 8,666.60. Bottom performing stocks…

Hazer Group signs MoU to assess Australian energy independence

Hazer Group has entered into a non-binding MoU to assess opportunities for developing low carbon liquid…