Abaxx Technologies Inc N.ABXX

Alternate Symbol(s): ABXXF

Technology Software - Application

Abaxx Technologies Inc. is a Canada-based financial software and market infrastructure company. The Company is developing and deploying software tools that make communication, trade, and transactions secure. The Company has launched 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. Its products include Abaxx Verifier, Abaxx Drive, Abaxx Messenger, Abaxx Exchange, Abaxx Clearing and Abaxx Infrastructure. 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. The Abaxx Verifier is a secure password, identity and verification application.

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Abaxx Technologies Inc

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Comment by Greenandgold.on Feb 13, 2012 5:29pm

198 Views

Post# 19527957

RE: RE: RE: Davis Tube

Oh no. Please read the quote again (about 38 million tonnes, to produce 8 million tonnes of concentrate)--this refers to the Mont Wright mine operated by Arcelor. Nothing to do with Kami.

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I'm not very concerned about the DTWR%, but if it does matter (technical experts please weigh in), then Kami at 37.8% has both Labmag and Kemag beat by far (both around 26%).

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Final concentrate percentage and pellet production is a choice by companies usually. ADV could produce 70% iron concentrate at Kami, but there are disadvantages (increasing opex, etc). Same thing with pellets--ADV is choosing not to build a pellet plant to avoid the capex charge.

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