APG austpac resources nl

Ann: Notice of Annual General Meeting/Proxy Form, page-7

  1. LJD
    1,312 Posts.
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    It is a critical/delicate point in apg history in regards to the potential of recycling waste chloride solutions and furnace dusts produced by steelmaking to recover hydrochloric acid, pig iron and zinc oxide.

    Austpac's technologies also transform ilmenite into high-grade synthetic rutile, a preferred feedstock for titanium metal and titanium dioxide pigment production.

    This is a breakthrough situation, even though without regulatory shareholder approval (In mid-September 2019, Austpac Resources announced that a synthetic rutile technology package developed by the Company in 2006, had been sold to Lido Holdings Limited (BritishVirgin Islands) for $1.5 million. Lido is a wholly-owned subsidiary of Yanshan. The technology package comprised information contained in an internal conceptual study undertaken byAustpac in 2006 into an ERMS synrutile rutile plant in Australia (the Study). The Chinese companies have the right to use the information for their own purposes in China. It is not a licence and does not represent the sale or transfer of ownership of any of Austpac’s Intellectual Property.)

    The patent for this technology ends soon.

    Any ideas?
 
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