RE:RE:RE:RE:NEWS!!! Successful Validation of Dross ResidueNot only that, but it's supply product is hazardous waste that would normally be a cost to dispose of ......good times! Cheers!
developbc wrote: developbc wrote: Frosch1 wrote: What is the business model of Dross Residue JV? Sale of the machines or sale of the chemicals?
I think it is building out these machines across the globe via JV and operating them collecting revenue plus sale of these high value residue chemicals....really amazing and lot bigger than most realize. Just as big as Drosrite itself which is potentially massive.
"This 50:50 JV will be geared towards building, installing and operating dross residue valorization facilities worldwide."
25,000 tonnes @$200-$450 is $5 million to $11.5 million revenue for just one of these machines. Worldwide Dross Valorization facilities worldwide...imagine rolling out 20 of these per year for the next 5-10 years . Note this would be recurring revenue stream!.
This JV could be much bigger than DROSITE which is already potentially massive.