IMH get 20% of the profit on this china deal (worth about $60m).
There are detailed figures in the announcement dated 30-Jan-01 'Developments in China'.
Their 'Phoslock' product has US EPA approval. The US Army has tested it successfully. It has been used in various projects in Australia. The China development will allow the product to be manufactured more cheaply too.
Joel
IMH Price at posting:
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