China seems a logical target market for MHM because that is where aluminium production has shifted and furthermore China has become increasingly concerned about the environmental and health effects of its industries. This creates a fertile environment for a company that is able to process waste products from aluminium recycling.
In addition to aluminium smelters China surely has aluminium recycling plants. And if not, it is bound to have some soon. And where there is aluminium recycling, there is salt slag waste for MHM to process.
With Chinese citizens increasingly becoming concerned about environmental and health hazards resulting from industry and power generation, it is not unreasonable to expect open minded discussions with the Chinese aluminium industry and provincial governments, not to mention Chinese investors.
A joint venture would be ideal, in which a Chinese aluminium producer or investor(s) obtain a stake in MHM, injecting much needed equity. Together with a capital raising, this would set the scene for MHM Mach II.
Just an idea. I haven't given up on MHM.
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