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Auf Hotcopper hat sich ein Poster die Mühe gemacht, das alte Interview mit Ian Chalmers zu transkribieren. Genau lesen, was er berichtet! Also allein mit der Technologie in Korea selbst, geht Ian Chalmers davon aus, dass sie in 2021 30-40 Millionen AUD einspielen wird. Die Vorprodukte dazu werden anderweitig eingekauft und durch diese Innovation in der Prozesstechnologie emissionsärmer und 50% kostengünstiger wird der Umsatz erzielt. Das klingt phantastisch, da so langsam durch die Free-Cash-Flows die Basis für ein organisches Wachstum und die Realisierung von Dubbo ermöglicht wird. Und dadurch ist es für ASM sogar von Vorteil, wenn die Chinesen die Marktpreise für die Vorprodukte kaputtmachen und ASM so billigst das Material beschaffen kann und schön teuer an die Endabnehmer veräußern kann. Durch die 50% Kosteneinsparungseffekte in den Prozessen bei gleichbleibenden Endabnahmepreisen ein schöner "competitive advantage". Da darf sich die japanische und chinesische Konkurrenz und wer sonst noch, BASF? warm anziehen, wenn sich diese Kostenvorteile für ASM tatsächlich in der Herstellung nachweisen lassen. Have always been very keen on this interview with Ian, there are a lot of takeaways from it. Other than the fact that it will allow ASM to get involved in the big industry in titanium metal, which they are currently not in, I think the interview shows the process has the potential to increase the marketability of the output of ASM, including the use of materials that they have already proven they are capable of producing, such as the Yittium stabilised Zirconia that is used in the membrane for the process. If proven will allow for ASM to "...we go from there it will go very very rapidly from there..." In the AGM it was stated, "...It is expected that if the pilot is successful, that the standalone business based on that component could potentially be established with could have a cash flow of $30 - $40 million on the basis of this component by the end of 2021. It would use feed stock sourced from offshore..." Transcript of the interview Tracy Today I have the distinct pleasure to talk to Ian Chalmers about the most recent well one of your most recent pieces of news your investment in clean metal processing technology news release that was put out in June, how are you today. Hi? Ian Hello Tracy, good to talk to you again actually Tracy I have to tell you this is one of those news releases that I am so delighted that one of our writers drew my attention to it again, because this is, could be one of the most disruptive pieces of technology in the technology metals sector that I have seen all year. So congratulations. Ian Yeah absolutely, no thank you we view it the same way and have been trying very hard to get the message out about it. Tracy Will I think maybe the message is too big so anyone out there listening to this interview right now, you are going to be very excited by this news release, so lets just start with the basics. You started with a news with South Korea’s Zirconium technology, or you call it Ziron Tech, is that correct? Ian That’s correct, Ziron Tech is the name. Tracy Ziron Tech, and I think the big hard hitting message in this deal is that you are going to be able to reduce metallisation cost in excess of 50% for not only Alkane but all technology metals pretty much in the future is that correct? Ian Absolutely, that is what we believe in, and the test work to date has demonstrated that, so the next step now is the pilot plant to prove that once and for all but it is a it is a big big breakthrough. I mean all of us get a bit nervous about using the words disruptive technology but that in reality is just what it is. Tracy Trust me Ian I see the term over utilised so many times so it is a pleasure to be actually doing an interview on what I personally deemed to be disruptive. So if you do not mind could you just back us up on how this deal was made because this was obviously a lone term relationship where you made this announcement. Ian Yes it is it does go back a long way, probably 10 years, we have being in and out of Korea for 10 years and basically got to work and talk with a number of very very smart people there and in about 2014 I think it was, one of the guys introduced us to Prof Lee at Chungnam National University and I guess the first meeting we had there, I mean I got blown away, I thought, wow these guys are dealing on a new, are on a new level. Well and truly above what to what we are use to and it just went from that so a lot of a lot of discussion and a lot of test work, I guess the key thing for us that helped the relationship is that midway through that that process, we were able to demonstrate that we were could produce high quality Zirconia and high quality Hafnia from a separate stream, and that was that is a big innovative step that we have done ourselves but then being able to feed that material to Prof Lee’s test work was a big bonus and it really developed very quickly from that. Tracy Of course this Chungnam University was it basically providing a new process that competed with and this is where you are going to be correcting me, with the Kroll process, is that correct and can you tell me now about the actual process? Ian Okay, yes you are right about the Kroll process, it has been around about seventy years, it was developed probably pre the Second World War, and it is a major industrial process. The detail of the process, the CNU process is basically subject to patents and subject to intellectual property, so I can give you a broad overview but what it is, it is an electrolysis process, so it uses standard electrolysis but through a solid oxide membrane rather than a carbon electrolyte electrode rather and that is a big step because it takes that carbon out of the equation and the really exciting thing from us was initially was that the solid oxide membrane that they use is a Yittium stabilised Zirconia. So here is two products that we will produce from Dubbo, and we can actually produce yittium stabilised Zirconias in our process, so there was an added bonus to us so this process that is an electrolysis process using this solid oxide membrane and the beaut thing about it is that it just generates oxygen, oxygen is the only waste material that comes off and it produces high purity metals from the that process, so it is a it is a big step forward. Tracy I am sure that every body out there listening to this interview right now is going, okay we have a lot of questions, so just to just start with what one of the things that is very exciting about this news release, I read it several times was the time line to actually being able to do this. You will be able to do this as early as 2020 Ian Yes, yeah basically you have got to understand that there is five years with us and probably a lot longer for Prof Lee, basically the next 12 months are a demonstration pilot plant, a pilot plant stage operation and we are very confident that that is going to work, given the amount of work that we have seen that Prof Lee has done in the laboratory over the last several years, so yeah by this time next year we would hope that we have got a commercial process and then we go from there it will go very very rapidly from there Tracy Of course I would like to draw everybody’s attention to page three of this news release, this is one of the most compact, intense news releases I have ever had the pleasure of chewing through Ian, thank you. You have a suitability of Ziron Tech electrolysis table, and I think this is very exciting, I do not know if anybody can see this, I think we need to drop this slide in for this interview, but you know basically you have five suitable and experimentally verified and those will be the five that you will be going after initially, but I would love for you to just talk about how large this is in the scope and I would like you to just touch on the fact that the magnetic materials are part of that initial five. https://hotcopper.com.au/data/attachments/2204/2204805-c63b7… Ian Yes sure yes, look the driver, the driver for Chungnam National University was to produce nuclear grade zirconium metal and nuclear grade hafium metal for the Korean nuclear industry, but it became apparent to them very quickly that that process can be used and the initial target after zirconium and hafium was to titanium, there a you know there is a big industry in titanium metal, and then back into the rare earths themselves, so it can actually produce on all rare earths and then very clearly became, well yes we can produce neodymium, praseodymium, terbium and dysprosium metals from it as well, so with all of those and when then you look at all the other things that Dubbo can produce like niobium, it can also produce niobium metal, it can be used in magnesium metal and there is a vast range of other metals that it can be used to produce, so it is a it is a game an innovative and very new process that will have a very big impact in the metallisation world. The key driver apart from the zirconium and hafium for us, was that ability to produce those magnet rare earth metals particularly neodymium and praseodymium. Because one of the big things that we found in the last five years of all of our marketing exercises was that we were always one or two steps back from where the end customer wanted. The end customer wants magnets, effectively wants permanent magnets. So we could provide high purity oxide metals but we could not provide the metal and we could not provide the magnet, this is, this takes one of those steps out and gets us much closer to the end users, so we can now give you the metal, if you can provide the magnet manufacturing facility, then we have got a very good combined effort to go forward with and that has been a big driver and a big positive for us. Tracy Also it must be a huge positive for you when you are you know speaking to your shareholders about the capitalisation of the revenue that you can project now coming off the Dubbo project. Ian Absolutely and we have always felt you know in the last four or five years given the complexity of the market and the rare earths market and the difficulty of getting offtake agreements because of the competitive nature of the Chinese that we can see how we can go to the end users and say we now can look at value rather than volume so rather than just producing volume of our products we can actually take you a fair way down the value chain and go to the end users and say here we have a high value material that obviously helps our economic our financial model when we put that together. And the good thing about this metallisation step, it does not add very much in capital and operating cost to our existing project that we plan. Tracy Well Ian if you do not mind we would love to do another interview with you here very shortly where if you would not mind whiteboarding this for us, I think there is a lot of us out there who would like to know a great deal, because this is going to impact a number of industries in addition to the rare earths that you touched on, everything from nuclear industry on, anything using, utilising basically critical materials Ian Correct yes, and I think that the titanium industry is the one really big one, obviously we are not involved in titanium but it is certainly a big industry and this metallisation process could have a big impact on the titanium industry, definitely. Tracy I am not sure you are ready to answer this question yet but when will you be able to take the commercialization of this extraction technique to the market? Ian Certainly before the end of next year, we believe it will be in a form where we can go out to the market and one of the things that we have been discussion internally is could we put up, could we establish a stand alone business inside the Dubbo Project, as to can we take that further without developing the main Dubbo project in the short term, obviously still still very much want to get the Dubbo project up and running but there is a possibility of a second standalone business in there which takes this process and uses it commercially. Tracy Well Ian I have to say congratulations and we look forward to getting an update on this sooner rather than later thank you Ian Okay, thanks Tracy, nice to talk to you The last Proactive investor interview shows now that the focus of ALK has become following up the other prospect ALK has other than the DP, a lot more drilling will be taking place not only at Boda 25 to 30 holes on the Bodabut further regional drilling trying to find repeats including Kaiser. As concerted effort to develop the discoveries at Tomingley South together with further drilling there. It also appears that they will start exploration at some of their other prospects as hinted to in the last quarterly. While not a buyer at the present prices, the upside is enormous for both DP (ASM) and ALK in the gold industry. The investments in both CAI and GMD are well in the money currently, hopefully with a lot more to come as they move to production. The average entry price for CAI is 2.83 cents and GMD is 2.84 cents As mentioned in the AGM, the major reason that they are investing in other small gold companies that are close to production is they are hoping to become a multi mine producer, as these unlike single mine producers are valued at 100% of the asset value as opposed to the 60% valuation on single mine companies . There is the hope that the investments may by mutual agreement become M&A targets, but if not the board sees them as undervalued and expects to realise potential capital gains. I am also very keen on the use of the word disruptive to describe the Zircon Tech technology. |
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| aus der Diskussion: | Alkane Resources - Seltene Erden, Gold, Nickel |
| Autor (Datum des Eintrages): | Germane1 (04.06.20 18:12:16) |
| Beitrag: | 1,147 von 1,530 (ID:63901622) |
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