twincreeks the main problem is that MHM are not clear enough...

twincreeks the main problem is that MHM are not clear enough about what contracts and deals are related to what technologies.

I myself am not certain that this is not in fact the NMP tech, since in the announcement they state:

" AL80 is produced when aluminium oxide recovered from Alreco?s salt slag operations is value added using an additional proprietary process. "

I would assume the "additional proprietary process" is in fact the NMP tech that MHM have licensed. Of course it may not be the only value-add that we will see,but it definitely looks like it is initially the NMP value add.

Still my thoughts are that this is only a good thing for MHM and it seems like Alcoa and SSC can sign off any day now that the closed-loop process is ready for rollout in the USA. Debating about future earnings is only about figuring out how many multiples of SP we will reach, but it seems damn close to a new re-rating to some multiple of where we are now.

I'm in for this long term anyway, bring on Europe, Canada and silica...