RE:no newsThis was from jan 14th thats latest news enough. Now stay on topic. this is the fms board.
Press release from Marketwire Stria Unveils Cost-Cutting Lithium Processing Technologies for Its Pontax and Wilcox Lithium Projects Tuesday, January 14, 2014 Stria Unveils Cost-Cutting Lithium Processing Technologies for Its Pontax and Wilcox Lithium Projects 09:12 EST Tuesday, January 14, 2014 OTTAWA, ONTARIO--(Marketwired - Jan. 14, 2014) - Stria Capital Inc. (TSX VENTURE:SRA) ("Stria") owner of the Pontax Lithium and Wilcox Lithium Projects, (see news release dated January 6, 2014 available at www.sedar.com), in Canada and the United States, announced today its plans to introduce proprietary on-site processing technologies that produce high purity lithium chloride directly from spodumene ore on an environmentally sustainable, cost-reduced basis. Stria's proprietary processing technologies were developed by Mr. David Johnson, a co-founder and Director of ALCERECO Inc., a Kingston, Ontario-based advanced materials services company that provides specialty processing capabilities to companies innovating in new and existing markets. "A simpler, more efficient recovery of lithium and lithium compounds from spodumene ore at the source leads to a competitive advantage in business terms," said Gary Economo, Stria's President and Chief Executive Officer. Mr. Economo said the potential benefits of the technologies is that they require less controls; less chemistry via the recycling of chemicals; require less energy due to energy recycling; reduce capital costs from the construction of smaller, compact processing facilities, and; the combination of a simple process and compact design enable easy automation. "Powering the green revolution from technologies that bring high purity lithium products to market on a cost-competitive basis with lithium brine precipitation producers is critical to our long-term success in the lithium sector," said Mr. Economo. "We see technology innovation as the key that unlocks the door for Stria to move into an established global market in tandem with green technology manufacturers seeking low-cost, high-quality lithium chloride, lithium carbonate and lithium hydroxide sourcing options," Mr. Economo added.