SciDev Ltd. announced that it has secured a new three- year contract with Iluka Resources Limited (Iluka) for the supply of MaxiFlox® chemistry to their Jacinth- Ambrosia Operation. SciDev's chemistry is currently utilised on site for the treatment of the mine site tailings to assist in maximizing water recovery whilst minimising the tailings footprint. The new contract at Jacinth-Ambrosia, follows the recent agreement with Iluka at their Cataby Operation in Western Australia and extends SciDev's relationship with Iluka at the Jacinth-Ambrosia site that commenced in 2019.

The contract with Iluka Resources Limited at the Jacinth- Ambrosia Mineral Sands operation securing supply until March 2026. The contract is expected to generate approximately AUD 14 million over the three-year period for the supply of MaxiFlox® chemistry.