Not sure if this will have a positive impact on share price.
Economics of the application don’t look very promising.
ADN is expecting to sell a ton of HRM for $1,000 ex gate.
That is $1 per kg, add the shipping, processing and distribution costs and the price to the concrete plant will be at least $2 per kg.
Using that 1kg has a potential to reduce costs by 2-3$ per cubic meter of concrete.
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Mkt cap ! $45.78M | |||
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