{"id":6778,"date":"2024-03-06T03:09:19","date_gmt":"2024-03-06T03:09:19","guid":{"rendered":"https:\/\/economicherald.net\/?p=6778"},"modified":"2024-03-06T03:09:19","modified_gmt":"2024-03-06T03:09:19","slug":"zeotech-steps-closer-towards-potential-offtake-for-its-manufactured-zeolites-under-mou-with-protekta","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=6778","title":{"rendered":"Zeotech steps closer towards potential offtake for its manufactured zeolites under MoU with Protekta"},"content":{"rendered":"<p>Zeotech executes MoU with Protekta for potential offtake of manufactured zeolites<br \/>\nProtekta uses manufactured zeolite in product used to prevent milk fever in cows<br \/>\nLarge sample of manufactured zeolites to be supplied to Protekta for commercial validation<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report:<\/em> Zeotech could advance its mineral processing technology in North America after executing a memorandum of understanding (MoU) for the potential offtake of its manufactured zeolites with animal nutrition producer Protekta.<\/strong><\/p>\n<p>Zeolites \u2013 also known as molecular sieves \u2013 are porous mineral frameworks, naturally occurring or manufactured, composed mainly of aluminium, silicon and oxygen.<\/p>\n<p>Their three-dimensional structures can trap, exchange or release ions and molecules, enabling zeolites to find applications in diverse industrial and environmental contexts.<\/p>\n<p>These include greenhouse gas mitigation, agriculture, animal supplements and environmental remediation.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/zeotech-zeo\/\" target=\"_blank\" rel=\"noopener\"><strong>Zeotech (ASX:ZEO)<\/strong><\/a> is looking to be Australia\u2019s <a href=\"https:\/\/stockhead.com.au\/tech\/zeotech-on-track-to-be-australias-first-producer-of-advanced-material-zeolite\/\" target=\"_blank\" rel=\"noopener\"><strong>first producer<\/strong><\/a> of manufactured zeolite using its proprietary mineral processing technology.<\/p>\n<p>It has lodged patent applications for the synthesis of low-cost zeolites from coal fly ash and lithium process by-product, while testing of its manufactured zeolites to reduce landfill methane emissions has returned <a href=\"https:\/\/stockhead.com.au\/tech\/this-company-is-ready-to-take-its-landfill-methane-reduction-tech-to-key-field-validation-trial\/\" target=\"_blank\" rel=\"noopener\"><strong>promising results<\/strong><\/a>.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Zeolites for animal nutrition<\/strong><\/h2>\n<p>The company has now taken the first step towards securing offtake of its manufactured zeolites.<\/p>\n<p>ZEO\u2019s MoU with Protekta establishes the framework to negotiate, in good faith, the terms of a potential manufactured zeolite offtake agreement.<\/p>\n<p>Protekta has a portfolio of innovative and evidence-based products designed to prevent illness through optimal nutrition, including a leading solution that contains manufactured zeolite that is used to prevent subclinical hypocalcemia, also known as milk fever, in cows.<\/p>\n<p>ZEO, which previously supplied Protekta with product samples for testing and analysis in December 2022, will aim to provide a large sample of manufactured zeolites for further commercial validation.<\/p>\n<p>The two companies will also consider a potential joint venture or alternative profit-sharing structures that could advance ZEO\u2019s mineral processing technology in North America.<\/p>\n<p>\u201cWe are pleased to be collaborating with an innovative company such as Protekta, and the potential to supply our manufactured zeolite as a key ingredient to one of their leading animal nutrition products,\u201d ZEO chief executive Scott Burkhart said.<\/p>\n<p>\u201cThe MoU provides a framework for ongoing collaboration, with the aim of supplying a large product sample for further validation, alongside the potential for an offtake agreement that would advance the commercial readiness of the company\u2019s proprietary mineral processing technology.\u201d<\/p>\n<p>Protekta chief executive Morten Jakobsen said his company was delighted to extend its relationship with ZEO, advancing the wellbeing of animals and the potential to use manufactured zeolite for one of its primary products.<\/p>\n<p>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Zeotech, a Stockhead advertiser at the time of publishing. <\/em><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/tech\/zeotech-steps-closer-towards-potential-offtake-for-its-manufactured-zeolites-under-mou-with-protekta\/\">Zeotech steps closer towards potential offtake for its manufactured zeolites under MoU with Protekta<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Zeotech executes MoU with Protekta for potential offtake of manufactured zeolites Protekta uses manufactured zeolite in product used to prevent milk fever in cows Large <a href=\"https:\/\/economicherald.net\/?p=6778\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":6779,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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