Business
REPORT ON NPA SYMPOSIUM
REPORT ON NPA SYMPOSIUM.
About this update from Sunrise Resources Plc
[{"type":"text","content":"\n \nRNS Number : 8189A Sunrise Resources Plc 03 June 2019 \n\nSUNRISE RESOURCES PLC\n(the \"Company\")\n3 June 2019\n \nREPORT ON NPA SYMPOSIUM\n \nFurther to our announcement on 17 May 2019, the Company would like to report on the inaugural meeting of the Natural Pozzolan Association (\"NPA\") held in Arizona, USA on May 16 and 17, 2019. The Company is a member of the NPA and was invited to give a presentation on the Company's CS Project in Nevada1. \n \nThe meeting was very well attended with over 70 delegates, mainly from the USA, but with several other countries also represented. A number of large multi-national cement and concrete producers and fly ash distribution companies were represented including some already engaged in joint testwork programmes and marketing/off-take discussions with the Company.\n \nOur presentation was very well received, and it was clear from the level of interest, and intense question & answer sessions that there is much concern for the future supply of fly ash from coal-fired generating stations. These supplies are falling at a rate that is faster than many within the industry expected due to the accelerating closure of coal-fired power stations across the USA. This is being driven by pollution considerations, the lower cost of power generation from natural gas and a sharp fall in the price of renewable energy2.\n \nThe rate of decline in the supply of fly ash represents a significant threat to the concrete companies that have come to rely on a ready supply of fly ash. These concrete and ready-mix companies are seeking alternative replacements for fly ash and looking to secure supplies of natural pozzolan, a cost-effective replacement for fly ash providing the same added benefits; making the concrete stronger, less susceptible to cracking, and environmentally \"greener\".\n \nThe county-wide closure of coal-fired power stations is not restricted to the USA. France is set to phase out all its coal-fired power stations by 2021, Sweden by 2022, Britain, Ireland and Austria by 2025, Portugal and Denmark by 2030, and Germany by 2028.\n \nCommenting today, the Chairman, Mr. Patrick Cheetham, said; \"The NPA meeting and the Company's presentation have created an increased level of awareness and interest in our CS Project for natural pozzolan which we are now...