Sydney - Wednesday - February 7: (RWE Aust Business News) - Electrometals Technologies (ASX:EMM) has been contracted to supply an EMEW electrowinning facility to a customer in the United States, to be used for the production of copper cathode from a copper refinery bleed stream. The total amount of the contract is $3.8 million for progressive delivery in the second half of 2007, commencing in the third quarter. A substantial deposit has been received. This is the first sale for this application and it is hoped it will provide a springboard for additional sales.
EMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held