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Old 08-01-2015, 08:00 AM
Sparty Sparty is offline
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Default Alkane getting more good press

July 31, 2015 (Source: The Australian) - A lozenge-shaped lump of *Jurassic-aged lava is set to give Dubbo in central-west NSW something other than Yowie sightings and the Plains Zoo to crow about.

The ancient lava flow, 600m wide and 1km long, is something of a geological oddity. Sitting virtually on the modern surface, it is enriched with a suite of so-called future - critical metals, which ASX-listed Alkane Resources is planning to take to world markets in a $1 billion development.

Zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements: Alkane intends to produce all of them, plugging it in to the forecast rapid growth in high-end applications in industries *ranging from renewable energy, aerospace, emissions control, *defence, health, electronics and energy efficient lighting, among many others.

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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