Australia's SciDev eyes best day in 4 weeks on Iluka contract
03/02/2023 02:56
** Shares of Australia's SciDev Limited SDV.AX rise as
much as 9.8% to A$0.450, set to mark their best day since Jan.
6, if gains hold
** Stock hits the highest since Jan. 11
** Environmental solutions co says it has been awarded a new
three-year contract with Iluka Resources LTD ILU.AX for A$14
mln ($9.88 mln)
** Says contract for the supply of MaxiFlox® chemistry to
Iluka's Jacinth-Ambrosia Operation in South Australia
** MaxiFlox® is SDV's range of chemistry products that are
specifically designed for the treatment of wastewater
** Iluka shares are up as much as 1.1%
** SDV has risen 9.3% this year, as of last close
($1 = 1.4172 Australian dollars)
(Reporting by Nausheen Thusoo in Bengaluru)
((Nausheen.Thusoo@thomsonreuters.com;))