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AnorTech Inc V.ANOR

Alternate Symbol(s):  ANORF

AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.


TSXV:ANOR - Post by User

Bullboard Posts
Comment by bayoubuckson Mar 09, 2014 10:40pm
136 Views
Post# 22300856

RE:RE:RE:Email from Jamie

RE:RE:RE:Email from Jamie
Maybe I didn't make it clear.  Here's how it works.  If you have a ton of ore you can use it for any of the three products.  You can't get all three products at the same time.  If you wanted ore for alumina, you process it for alumina.  If you want it for e-glass, you process it for e-glass.  You can get some alumina, some e-glass and some filler out of one load.  From Jamie's email:
T
he raw material is the same for each application. 
Each is independent of each other. For example, we could at some point mine 3 tonnes of rock. One tonne might be processed and shipped to the e-glass guys. Another to the alumina guys and the final tonne to the filler guys. Therefore, we are not reliant on any one market. As you know, we think that it will be easiest and cheapest to break into the e-glass market.
 
Jamie
 

Bullboard Posts