Breaking News
0

Alkane Resources: Major Zirconium Agreement Signed For DZP

By Edison Stock MarketsAug 16, 2016 09:09AM ET
www.investing.com/analysis/alkane-resources---major-zirconium-agreement-signed-for-dzp-200148154
Alkane Resources: Major Zirconium Agreement Signed For DZP
By Edison   |  Aug 16, 2016 09:09AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

Alkane Resources Ltd (AX:ALK) has signed an exclusive worldwide marketing, sales and distribution agreement with UK based specialist chemicals firm, Minchem, for its entire annual DZP zirconium output. The agreement is valid for an initial five-year period (with an option to extend for a further five) from the start of production by mutual agreement. We consider this a major key de-risking event that should provide key assurances for project financing.

Alkane Resources
Alkane Resources

The Alkane-Minchem exclusive worldwide marketing and sales agreement covers all of the DZP’s planned annual zirconium production of 16,000t, which represents c A$100m-120m in project revenues per year based on current spot prices for the DZP’s suite of zirconium products (Alkane Resources price estimates). Minchem is a technical ceramics marketing and manufacturing business involved in zirconium chemicals and zirconium dioxide material. Its 40 years of experience and worldwide reach should give the DZP the technical and marketing expertise required to promote and sell its range of speciality zirconium and associated rare earth products. The sale of associated rare earth products relates to the rare earth oxides cerium oxide and praseodymium oxide, which are used to stabilise zirconia. Stabilised zirconium dioxide products are higher value and Minchem will promote their sale to, and provide technical support for, future customers.

To read the entire report Please click on the pdf File Below

Alkane Resources: Major Zirconium Agreement Signed For DZP
 

Related Articles

Alkane Resources: Major Zirconium Agreement Signed For DZP

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email