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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

Abaxx Technologies Inc. is a financial technology company that is developing and deploying software tools that make communication, trade, and transactions secure. The Company is primarily focused on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. The Company is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition.


NEO:ABXX - Post by User

Bullboard Posts
Comment by BGrahamon Feb 19, 2013 4:53pm
165 Views
Post# 21012419

Re: RE: Energy Costs

Re: RE: Energy Costs

So here's the bit from NML's 2006 PFS:

 

20.2.2 ELECTRICAL POWER SUPPLY
The power necessary for the two operations will be supplied from the Churchill Falls hydro
electric installation in Labrador, west of the pellet plant site. It is proposed to use a 260 km
cable to transmit power to the mine and concentrator site where 235 MW is required. A
branch cable to the pellet plant will supply 63 MW to sustain the operation.

 

So the 300 MW is for both the concentrator and the pellet plant. A direct comparision of concentrating costs per 1 million tonnes of concentrate would therefore be:

8.7 MW for CHM type material

10.68 MW for the NML material

The statement by CHM's officer quoted a few posts back is misleading, downright misleading, if this data is anywhere near right.

 

BG

 

Bullboard Posts