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AnorTech Inc V.ANOR

Alternate Symbol(s):  HUDRF

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 Hideawayon Apr 21, 2016 11:32am
198 Views
Post# 24793932

RE:RE:RE:EIB financing

RE:RE:RE:EIB financingThatdog, the current plans for the eglass portion of our anorthosite requires a three-stage crushing process plus a magnetic separation stage. The first two crushing will take place at the minesite then transported about 10 Km's to the port for a final grinding before being loaded on a ship for transport to the various OC plants around the world.With multiple sites to receive our product the three stage crushing on site makes more sense. I believe the same will hold true for any future shipments to the filler and coatings producers.
Where we do get into a more complicated processing is with the alumina production.This will involve many more stages and at much greater expense.Off shore processing will undoubtedly be required if and when we obtain a partnership with a producer.This is especially true when it comes to calcined alumina production plus this is where the big dollars are as well at around $850 per tonne.
At any rate, it is great that we can all now look forward to reaping substantial rewards from our investment with much greater confidence than prior to the most recent announcement.
GLTA

Bullboard Posts