SciDev Limited (ASX:SDV, "SciDev") have received a trial purchase order with Syncrude, one of Canada’s largest operators in the oil sands industry.
What are the key highlights?
- The trial is anticipated to last for approximately 2 weeks and is scheduled to occur late in FY2020.
- The trial represents AUD$1m of revenue for SciDev and will focus on the utilisation of SciDev’s chemistries in Syncrude’s full-scale Tailings Centrifuge Plant
- Fluid tailings management is an area of increasing regulation in the Canadian Oil Sands industry. Government agencies, such as the Alberta Energy Regulator are introducing and tightening regulation around limiting the amount of fluids passing into tailings dams in order to manage and reduce environmental risk and liability.