SciDev Ltd. (ASX: SDV), has successfully secured a lucrative three-year contract with Ravensthorpe Nickel Operation in Western Australia which is a part of First Quantum Minerals group (TSX:FM). This partnership is expected to generate approximately AU$9.5 million (equivalent to around US$6.4 million) in sales for SciDev, encompassing the supply of MaxiFlox® chemistry and ongoing consultancy services throughout the contract duration. The agreement comes after extensive onsite trials conducted at Ravensthorpe, which began in July 2022. This achievement adds to SciDev's recent success in the resources sector, where they have secured over AU$37 million in Total Contract Value. These developments highlight the significant growth potential that exists for SciDev within this industry.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.