media , page-2

more media exposure - although it's basically a "copy & past job" from the announcement and it should read A$ instead of US$



The Aluminium Salt Slag Project operated by wholly owned subsidiary Alreco Private Limited continues to deliver robust revenues during the technology upgrade with gross revenues of USD 521,648 and USD 511,824 for July and August respectively.

The technology upgrade is well advanced and running to budget. There is still some variability concerning the exact date of the completion of the upgrade, as final council approval is outstanding regarding the completion of the salt evaporation ponds. Final approval is not expected to be an issue, as salt evaporation ponds have been operated in the area by Cheetham Salt since 1888. However, though the timing of any final approval remains at the councils discretion, it is still anticipated that commissioning of the technology upgrade will occur during October 2010.

The Companys Quarterly Activities Report for June 2010 included detail of extraordinary, once off expenses incurred by Alreco associated with land filling partly processed Salt Slag. Since June 30th 2010 there has been no further land filling of partly processed Salt Slag and no further land filling is anticipated moving forward.

The Companys negotiations with smelters in the United States are ongoing and strengthening with a number of parties now positively engaged in discussions for Salt Slag processing. Senior representatives of Alcoa, Inc will be visiting the Alreco operation during October with a view to furthering discussions for operations in the United States.

Macquarie Harbour Mining Limited through wholly owned operating subsidiary Alreco Private Limited owns the exclusive global rights to a proprietary technology for the processing of Aluminium Salt Slag, a waste product from the aluminium industry.

Aluminium Salt Slag is a waste stream that results from the recycling of aluminium, a by product from recyclers that has traditionally been placed in landfill. Due to regulatory changes by the EPA, this material can no longer be disposed in landfill and this has presented a major problem for the industry. Without a viable solution the secondary aluminium industry cannot continue to operate using the existing highly efficient yet waste-generating processes.

Alrecos proprietary technology, the ALNAK technology, processes Salt Slag and separates it into its individual components of aluminium metal aluminium oxide and a salt and potassium chloride blend. The technology results in total waste treatment and production of aluminium and other saleable products. The technology removes the need for any portion of the Salt Slag to be sent to landfill.

Source:
http://www.steelguru.com/metals_news/Update_on_Aluminium_Salt_Slag_project/165620.html