Proactive Investors - Run By Investors For Investors

Platina Resources successfully produces high purity alumina sample

High purity alumina could be a valuable by-product for the Owendale project.
map of new south wales
Further testing is required to demonstrate the economic potential

Platina Resources Ltd (ASX:PGM) has produced a small sample of high purity alumina (HPA) in its metallurgical testing program for its Owendale Scandium-Cobalt-Nickel Project in New South Wales.

HPA is a valuable commodity and has the potential to be a high-value by-product at Owendale.

Initial purification test work has demonstrated a purity of 99.989%, very near to the valuable 4-nines (4N) category of 99.99%.

READ: Platina Resources director shows faith in scandium strategy with on-market share purchase

Platina’s managing director Corey Nolan said: “Platina is extremely pleased that the very first attempt at recovering aluminium has produced an almost 4N quality HPA product.

“The results demonstrate that Platina has the ability to produce a very high quality by-product, adding another potential revenue stream for the project.”

READ: Platina Resources increase resource at one of world’s largest scandium projects

HPA is the pure form of aluminium oxide and the pre-cursor material for the manufacture of sapphire glass and ceramic coated lithium-ion battery separators.

HPA’s value is derived from its physical properties of extreme hardness and chemical stability.

The price of HPA varies upon product density, crystal structure, particle size and distribution and degree of purity.

Further testing is required to demonstrate the economic potential of producing HPA as a by-product at Owendale.

View full PGM profile View Profile

Platina Resources Limited Timeline

Related Articles

Cobalt on the element table
January 17 2019
The company’s managing director will speak at the RIUExplorersConference in Fremantle next month.
June 19 2019
When fully operational, Barruecopardo will account for around 13% of non-Chinese global supply of tungsten concentrates.
Fort Cady Borate Project in Southern California
March 11 2019
The company has a strategic cooperation agreement with a borate consumer subsidiary of Sinomach.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use