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mhm for dummies... for newbies., page-14

  1. 2,242 Posts.
    lightbulb Created with Sketch. 51
    Most probably already know this, but heres a reason why I like it...

    "The Australian Aluminium Council states that primary aluminium production results in 3.1 tonnes of CO2 per tonne of metal. Aluminium recovered by Alreco (MHM subsidiary) from the Salt Slag uses 95% less energy to produce, and therefore reduces CO2 output by approximately 2.945 tonnes of CO2 per tonne of metal. "
    -So, if a Carbon Tax is adopted by the government, this could be beneficial for MHM


    In an investor presentation it was stated..."Australian aluminium operations are cashflow positive, revenues expected to grow substantially in the near future" and "Entering a significant period of growth over the next 3-5 years, targeting S&P/ASX 300 within 12 months!"
    It is illegal to put Salt Slag into Landfill in Canada and Europe. Alecro's closed-loop technology outperforms competing companies in Europe. http://www.mhmmetals.com/_content/documents/709.pdf (see page 11, 13)
 
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