I was waiting until the new year to post this, but after reading all the post from today's announcement I thought that I should post this.
Don't understand why people have a problem with "commercial secrecy and confidentiality". It exists for very good reasons and one of them is to protect our interests. And in this crazy world right now, the more you can keep things to yourself the better. Just common sense.
As Slick has said above ---- which when you think about it, MHM TECHNOLOGY is NEW to all in the AL industry, also its in a business that has everyone trying to solve this landfill issue, don't forget too that they ( AL Industry World Wide ) have been trying get it right for a number of years.
In the US they have spend tens of millions trying to get it right, now that we (MHM) have the solution to salt cake/dross landfill, what do you think will happen to MHM in say 5 years time from NOW !!
I think that some of us here need to have a break from the market and HC lol, enjoy your family and have a GREAT TIME over the Christmas and New Year holidays.
SENATE RESOLUTION 251— EXPRESSING SUPPORT FOR IMPROVEMENT IN THE COLLECTION, PROCESSING AND CONSUMPTION OF RECYCLABLE MATERIALS THROUGHOUT THE UNITED STATES.
S. RES. 251 Whereas maximizing the recycling economy in the United States will create and sustain additional well-paying jobs in the United States, further stimulate the economy of the United States, save energy, and conserve valuable natural resources.
Whereas recycling is an important action that people in the United States can take to be environmental stewards.
Whereas municipal recycling rates in the United States steadily increased from 6.6 percent in 1970 to 28.6 percent in 2000, but since 2000, the rate of increase has slowed considerably.
Whereas a decline in manufacturing in the United States has reduced both the supply of and demand for recycled materials.
Whereas recycling allows the United States to recover the critical materials necessary to sustain the recycling economy and protect national security interests in the United States.
Whereas recycling plays an integral role in the sustainable management of materials throughout the life-cycle of a product.
Whereas 46 States have laws promoting the recycling of materials that would otherwise be incinerated or sent to a landfill.
Whereas recycling stimulates the economy and plays an integral role in sustaining manufacturing in the United States.
Whereas in 2010 the United States recycling industry collected, processed, and consumed over 130,000,000 metric tons of recyclable material, valued at $77,000,000,000.
Whereas many manufacturers use recycled commodities to make products, saving energy and reducing the need for raw materials, which are generally higher-priced.
Whereas the recycling industry in the United States helps balance the trade deficit and provides emerging economies with the raw materials needed to build countries and participate in the global economy.
Whereas in 2010 the scrap recycling industry in the United States sold over 44,000,000 metric tons of commodity-grade materials, valued at almost $30,000,000,000, to over 154 countries.
Whereas recycling saves energy by decreasing the amount of energy needed to manufacture the products that people build buy and use.
(1) expresses support for improvement in the collection, processing, and consumption of recyclable material throughout the United States in order to create well-paying jobs, foster innovation and investment in the United States recycling infrastructure, and stimulate the economy of the United States.
(2) expresses support for strengthening the manufacturing base in the United States in order to rebuild the domestic economy, which will increase the supply, demand, and consumption of recyclable and recycled materials in the United States.
(3) expresses support for a competitive marketplace for recyclable materials.
(4) expresses support for the trade of recyclable commodities, which is an integral part of the domestic and global economy.
(6) expresses support for policies in the United States that recognize and promote recyclable materials as essential economic commodities, rather than wastes.
(7) expresses support for policies in the United States that promote using recyclable materials as feedstock to produce new basic materials and finished products throughout the world.
(10) expresses support for Design for Recycling, to improve the design and manufacture of goods to ensure that, at the end of a useful life, a good can, to the maximum extent practicable, be recycled safely and economically.
(11) recognizes that the scrap recycling industry in the United States is a manufacturing industry that is critical to the future of the United States.
(12) expresses support for policies in the United States that establish the equitable treatment of recycled materials.
Aluminum Association Applauds Passage of Senate Resolution 251
ARLINGTON, Va., Nov. 18, 2011 /PRNewswire-USNewswire/ -- The Aluminum Association today applauded the U.S. Senate for its passage, by unanimous consent, of Senate Resolution 251, "a resolution expressing support for improvement in the collection, processing, and consumption of recyclable materials throughout the United States."
"The aluminum industry commends U.S. Sens. Tom Carper (D-DE) and Olympia Snowe (R-ME) for introducing this resolution—and to the U.S. Senate for its unanimous endorsement of it," said Heidi Brock, President of the Aluminum Association. "Recycled aluminum provides an essential feedstock to the aluminum industry, and we strongly support efforts to encourage and expand recycling of aluminum and other high-value materials—particularly among consumers.
The Aluminum Association will continue to work with our industry partners, and with downstream users of our metal, to educate the public as to the sustainable nature of aluminum—and its value to society," Brock concluded.
The Aluminum Association, based in Arlington, Virginia, works globally to aggressively promote aluminum as the most sustainable and recyclable automotive, packaging and construction material in today's market. The Association represents U.S. and foreign-based primary producers of aluminum, aluminum recyclers and producers of fabricated products, as well as industry suppliers. Member companies operate more than 200 plants in the United States, with many conducting business worldwide.
Now that you all have read it I hope that you all understand IT, the FUTURE that we (MHM) have is NOT NOW BUT SAY IN 3-5 YEARS TIME !!
---------------- READ IN BETWEEN THE LINES ----------------
When the US Government ban's landfill of salt cake/dross, who will the AL industry look to ???
Once we have the plant up and running in Kentucky be it, 12/18 months time who will take a look at it ??
I'm sure that there will be a lot more people ( companies ) looking at the plant, then what the company is saying which will be good for us ( the shareholders ).
If you can't wait that long then sell now and buy back in at say $4+ in 2015 lol.
(20min delay)