Andromeda Metals (ASX:ADN) has announced the results of an independent study that showed environmental and cost benefits of using its Great White HRM™ concrete additive product.
The study found that using the additive in concrete reduced its Global Warming Potential (GWP) by over 7% and provided potential cost savings of between $2/m3 and $3/m3 depending on concrete mix design.
The results will be used by Andromeda to promote the usage of Great White HRM™ across the cement and concrete industries in Australia, New Zealand, and other regions globally through its exclusive offtake partner IMCD.
Andromeda Metals (ASX:ADN) share price is up 5% this morning.