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Alkane’s demonstration pilot plant at the Dubbo Zirconia Project .
Alkane |
Australia’s Alkane Resources Ltd has agreed to sell all of the zirconia from its project near Dubbo, New South Wales, Australia and planned to complete agreements for the associated niobium by the end of August and rare earths by October.
Alkane said it has signed a memorandum of understanding (MOU) with an unnamed European manufacturing and trading company to sell 25% of the zirconia products from its Dubbo Zirconia Project (DZP).
This follows similar agreements to use 25% of the zirconia to produce zirconium oxychloride (ZOC) in a joint venture with Mintech Chemicals Industries (see below) and to supply the remaining half of the zirconia to another unnamed chemical company.
“These agreements are nothing more than a framework put in place to form a joint venture to sell the zirconia... there are still nitty gritty details...