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ASX:ZEO

8 stories mentioning ASX:ZEOUpdated 13d ago

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Asia

Zeotech's Cash Position Slides in June Quarter; Shares Down 5%

Zeotech (ASX:ZEO) closed the June quarter with a cash position of about AU$8.5 million, according to a Friday filing with the Australian bourse.The company's cash position was AU$10.7 million at the end of the March quarter, a previous filing showed.For the June quarter, the company reported exploration and evaluation expenditures of AU$777,000 for its Toondoon and Abercorn projects, both located in Queensland, per the filing. It did not undertake any production and development activities in the three months through June.Zeotech shares fell 5% in recent Friday trade.

ASX:ZEO
Asia

Zeotech Says Metakaolin Product a Viable Cement Substitute in Underground Mining; Shares Rise 7%

Zeotech (ASX:ZEO) said independent test work validated its AusPozz metakaolin product as a viable cement substitute in underground mining, according to a Monday filing with the Australian bourse.An independent study by Sustainable Future by Design confirmed that AusPozz delivers improved technical performance and potential cost savings in underground cemented paste backfill applications, per the filing.The study further showed that 20% general purpose cement replacement can reduce overall binder consumption while maintaining required cemented paste backfill performance, the company said.Its shares advanced 7% in recent Monday trade.

ASX:ZEO
Asia

Zeotech Extends MSI Offtake Agreement, Completes 110-Hole Exploration Campaign at Queensland Project

Zeotech (ASX:ZEO) extended its offtake agreement with Jiangsu Mineral Sources International Trading (MSI) to April 30, 2027, with amendments enhancing commercial alignment and operational flexibility, according to a Monday Australian bourse filing.The company said it has completed a significant exploration campaign comprising 110 drill holes and about 3,100 meters, supporting resource expansion and mine planning at its Toondoon Kaolin Project in Queensland.Key environmental and regulatory approvals have been progressed, including fauna management approvals and water feature declassification under both the Water Act 2000 and Fisheries Act 1994, the filing added.Proposals have been received for a kaolin direct shipping ore (DSO) trial shipment, advancing planning for initial export activities currently under review, with ongoing stakeholder engagement across government, regulators, port authorities and offtake partner representatives, it added.The company's shares fell past 1% in recent Monday trade.

ASX:ZEO
Asia

Zeotech Trial Shows ZeoteCH4 Technology Reduced Methane Emissions by Average of 92%

Zeotech's (ASX:ZEO) methane control program results showed that the company's zeoteCH4 technology reduced methane emissions by an average of 92% compared with untreated control areas over the initial monitoring period, according to a Tuesday filing with the Australian bourse.Griffith University is undertaking the on-site trial at the North Burnett Regional Council landfill in Queensland, confirming that the program is progressing as planned, with early results "exceeding" expectations, the filing said.The first monitoring period spans from March 18 to April 30, with monitoring continuing until early August, per the filing.

ASX:ZEO
Asia

Zeotech Hosts Offtake Partner MSI at Queensland Kaolin Project and Port Facilities

Zeotech (ASX:ZEO) said it recently hosted Formosa Qu, director of offtake partner Jiangsu Mineral Sources International Trading (MSI), for a tour of its Toondoon kaolin project in Queensland and Port of Bundaberg facilities, according to a Wednesday Australian bourse filing.Zeotech disclosed an offtake agreement in September 2025, for its kaolin and cosmetic kaolin direct shipping ore products with MSI.The company said the tour included corporate and technical briefings at its Brisbane Technology Park facilities, an on-ground inspection of proposed mining operations at the Toondoon kaolin project, and a logistics and export pathway review at the Port of Bundaberg focused on material handling, storage, and shipping requirements.Building on the visit, MSI intends to send its commercial team on a follow-up visit to witness and support the loading of the first bulk kaolin shipment to China, it added.

ASX:ZEO
Asia

Zeotech Starts Air-Core Drilling at Queensland Project

Zeotech (ASX:ZEO) started a new air-core drilling program at the Toondoon project in Queensland, with 119 holes covering 3,500 meters, according to a Thursday filing with the Australian bourse.The program, designed to increase confidence in the project's mineral resource, will focus on infill grade control drilling on mining lease 80126 and step-out exploration targeting high-prospect areas across exploration permits 27395 and 27866, the filing said.

ASX:ZEO
Asia

Zeotech Signs Term Sheet With Queensland Port Authority for Proposed Lease Deal; Shares Down 3%

Zeotech (ASX:ZEO) executed a non-binding term sheet with Gladstone Ports for a proposed agreement to lease designated land at the Port of Bundaberg for a dry bulk kaolin direct shipping ore receival, storage, and loading facility in Queensland, according to a Tuesday filing with the Australian bourse.The company is required to provide a AU$20,000 bank guarantee to be surrendered to Gladstone Ports if an agreement to lease does not proceed, the filing said.The company will determine the final area required for the proposal after design and planning approval processes, per the filing.Zeotech shares fell 3% in afternoon trade on Tuesday.

ASX:ZEO
Asia

Zeotech Receives Mine Access Road Approval for Queensland Kaolin Project

Zeotech (ASX:ZEO) said it has received approval for a mine access road variation from the Department of Natural Resources and Mines, Manufacturing and Regional and Rural Development for its Toondoon kaolin project in Australia, according to a Tuesday Australian bourse filing.The company said flora permits and fauna management plans have been submitted to the Queensland Government Department of Environment, Tourism, Science and Innovation.The company has completed a detailed mine plan and production schedule to underpin direct shipping ore (DSO) operations, including an interim stage to fast-track an initial minimum 10,000-tonne trial shipment of kaolin DSO, the filing added.About 120 tonnes of kaolin DSO and cosmetic kaolin DSO have been readied for shipment to offtake partner Jiangsu Mineral Sources International Trading to support product marketing and customer qualification, the filing added.The company's shares rose 1% in recent Tuesday trade.

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