Details of Sparc's collaboration with 29Metals for ecosparc® field trial

Sparc Technologies Limited (ASX: $SPN) has signed a binding agreement with Golden Grove Operations Pty Ltd, a subsidiary of 29Metals Limited (ASX: $29M), to conduct a collaborative field trial involving the application of ecosparc® enhanced coating on steel processing plant infrastructure at the Golden Grove mine site in Western Australia.

Executive commentary on the field trial collaboration

It is highly rewarding to see our ecosparc® additive incorporated into a market leading anti-corrosive paint for use on infrastructure within the mining sector. The extensive internal test work that has been completed with excellent results will now be externally validated in an application and environment which is distinctly different from the recently announced trials with the South Australian Department for Infrastructure and Transport. We thank 29Metals for the innovative approach they have shown by supporting this new technology which Sparc is confident will improve asset performance and sustainability whilst lowering maintenance costs for steel assets.

Summary of the ecosparc® field trial and outlook

Sparc Technologies has secured a collaborative field trial agreement with Golden Grove Operations Pty Ltd, a subsidiary of 29Metals Limited, to test the application of ecosparc® enhanced coating on steel processing plant infrastructure at the Golden Grove mine site in Western Australia. This represents a continuation of Sparc's strategy to demonstrate the performance of ecosparc® in real-world environments across various industries. The company aims to gather additional real-world performance data to further validate the effectiveness of ecosparc®. Sparc's Managing Director, Mr. Nick O'Loughlin, expressed confidence in the technology's ability to improve asset performance and sustainability while reducing maintenance costs for steel assets. The field trial is expected to provide valuable insights and data to support Sparc's ambitions of commercializing ecosparc® and expanding its application across different sectors, including government, defence, mining, and oil & gas companies.