Looks like MT and the team have been working away behind the...

Looks like MT and the team have been working away behind the scenes to further the interests of shareholders:

Austpac is pleased to announce that the Company has been and is continuing to work with Kronos Worldwide Inc, a major titanium dioxide pigment producer, investigating the adaptation of Austpac's EARS technology to process chloride waste streams created by the manufacture of pigment by the Chloride process.

Pilot scale work at Newcastle has demonstrated that fresh hydrochloric acid and saleable iron can be produced from these wastes. This will facilitate the development of the Newcastle Iron Recovery Plant, which will be used by Austpac to commercially recycle mill scale and spent pickle liquor from the steel industry.

Further details will be provided when the definitive agreements are finalised.
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According to their website, Kronos have a market cap of around $2.5 billion.