APG austpac resources nl

wall? what wall?, page-18

  1. 729 Posts.
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    Dear Ronsterm,

    Kronos got involved on the basis of recovery/regeneration of iron chlorides, FeCl2. The introduction of mill scale has no application to them and was necessary to make it look even remotely commercially viable.
    This whole concept by APG has been around since 1986 and premised on cleaning up mineral sand deposits; nothing to do with mill scale.
    Technically may be a great idea.....but it just won't work out there in the big bad world of industry.
    Have a look at the economics of the project: the revenue is apprx the same as the "profit". Who pays for the operating costs? The mill scale and the input liquors must come with treatment charges.
    How many steel cos have lined up for a licence for this potential.
    I'm not trying to be nasty....just realistic.
    Walk away now.
    [Tony=Tony Abbott wrt the tent embassy]
 
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