FINWIRES · TerminalLIVE
FINWIRES

Pmet Resources Partners With Koch Technology Solutions to Advance Cesium Chemical Production at Canada Project

By

Pmet Resources (ASX:PMT) launched a strategic test work program with Koch Technology Solutions, a division of Koch, to evaluate advanced processing methods for producing high-value cesium chemicals from pollucite concentrates at its Shaakichiuwaanaan Project in Quebec, Canada, according to a Thursday statement from the company.

The company said the project contains one of the world's largest known in-situ pollucite-hosted cesium resources, particularly at the CV13 pegmatite, where high-grade mineralization remains open and extensive.

The upcoming four-month program will focus on developing practical processing methods for cesium compounds using Koch's expertise in critical minerals technologies, with potential applications in oil and gas, catalysts, pharmaceuticals, and advanced solar panels.

The company said it will continue exploration at the CV13 pegmatite under the drill campaign, with an updated cesium resource estimate expected in the second half of the year.

Related Articles

Asia

Shenzhen Huaqiang Industry Forecasts Up to 120% Surge in Q1 Profit

Shenzhen Huaqiang Industry (SHE:000062) forecasts an 80% to 120% rise in its net attributable profit to between 190 million yuan and 232.3 million yuan in the first quarter from 105.6 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse.The electronic information products maker attributed the expected rise to an increase in revenue from its storage products, with shipments surging 250% year over year, the filing said.Shares decreased 2% during the midday break on Wednesday.

$SHE:000062
Asia

Shanghai International Airport Logs Higher March Passenger Throughput

Shanghai International Airport (SHA:600009) reported higher passenger throughput at its two airports in March, according to a Wednesday filing with the Shanghai bourse.At the Pudong International Airport, passenger throughput rose 11% year over year to 7.4 million, while its cargo and mail throughput climbed 8.1% to 372,100 tons, and aircraft movements increased 4.7% to 47,395 flights.The Hongqiao International Airport saw a 6.1% year-on-year rise in passenger throughput to 4.4 million, while cargo and mail throughput inched up 0.3% to 35,700 tons, and aircraft movements increased 2.4% to 24,683 flights.

$SHA:600009
Asia

Hengyi Petrochemical's Q1 Profit Skyrockets 3,774%

Hengyi Petrochemical's (SHE:000703) net profit attributable to shareholders in the first quarter skyrocketed 3,774% to 1.99 billion yuan from 51.5 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share surged 2,600% year on year to 0.54 yuan from 0.02 yuan.The petrochemical producer's operating revenue rose 10% to 29.9 billion yuan from 27.2 billion yuan in the prior year.

$SHE:000703