Chatswood Product Development Plant launch

The Hon Paul FLETCHER, Federal Minister for Urban Infrastructure and Cities and the Hon Richard COLLESS, Parliamentary Secretary for Natural Resources and Western NSW, joined dignitaries from Korea’s Daejoo-KC Group and Chonnam National University, together with UNSW Sydney and the CSIRO at the launch of EcoMag’s Chatswood Research & Development Plant yesterday to celebrate the collaboration of nations, public and private sectors, and research and commercial organisations that has made EcoMag possible.

“This is a very exciting development,” the Hon Paul FLETCHER said. “The success that EcoMag has achieved depends on a number of factors. First of all, we are an open country, keen to do business with Korea and other countries who are our good friends. Second we have strong universities, strong research institutions, well-funded, successful, and increasingly engaged with industry, and thirdly we have Federal and State governments focused on supporting innovation and backing people who have a go, who take technology, who take a commercial risk to go out and find a market and find an economic opportunity.”

EcoMag has been testing its high purity magnesium extraction technology on waste stream bitterns (saline flows) produced by solar salt producers in Western Australia. The Chatswood Research & Development Plant will be used to continue to refine process engineering, in preparation for the construction next year of a full-scale plant capable of processing 500 million litres of bitterns annually.

“It’s great to be here and to see this facility come to fruition,” Hon Richard COLLESS said. “To see this sort of technology coming forward, providing high tech industry … is really exciting.”

EcoMag was delighted to host representatives from the Daejoo-KC Group including Mr. Jeong Wook SEO, Senior Vice President who spoke of the close relationship between Daejoo-KC and EcoMag, Dr. Tae Woong KIM, Director of Research, and Dr. Qwang Hee SHIN, Deputy Director of Research, as well as Professor Myong Jun KIM from Chonnam National University, Professor Rose AMAL A.O. of UNSW Sydney, and Dr. Jack STEELE, Director of Science Impact and Policy at the CSIRO.

The event also celebrated EcoMag’s Initial Public Offering of shares in a $3-5 million capital raising, and application for official quotation of EcoMag shares on the Australian Stock Exchange. For more information, refer to the prospectus.

WA’s new “mining+” boom

ABC Radio Focus

ABC Radio’s Focus with Nadia Mitsopoulos interviews EcoMag’s Shaun Triner as part of an in-depth discussion about the increase in economic activity taking place in Western Australia’s north.

Kylah Morrison, CEO of the Karratha & Districts Chamber of Commerce points out that one of the features making the current economic pick-up different from previous cycles, is the emphasis on diversifying into value added businesses outside iron ore and liquid petroleum gas mining – including EcoMag.

Shaun Triner (from around 16 minutes in) talks about EcoMag’s triple bottom line goals (social, financial and environmental), provides insights into the global market for high purity magnesium products, and outlines plans for the Karratha Eco Hub Innovation and Industry Precinct.

Listen to Focus online or download the episode here.

 

Magnesium pilot project starts up in Karratha

The West Australian, January 17, 2108

A magnesium pilot project on the outskirts of Karratha has been launched to test the waters for potential commercial production by the end of 2019.

EcoMag will use technology developed in Australia and South Korea to extract magnesium compounds from salt production waste streams, resulting in a marketable product used in the likes of smartphones and flame retardants.

Read the full article at thewest.com.au/news/pilbara-news/magnesium-pilot-project-starts-up-in-karratha-ng-b88707908z

The New Pilbara

The Pilbara Economic Development Conference,  Sep 6, 2017

Shaun Triner, General Manager – Western Australia for ECOMAG presents to the Pilbara Economic Development Conference regarding developing industries supporting new uses for materials.

[In a twenty minute video presentation made available via YouTube, Shaun discusses EcoMag’s plans in the context of the broader community goals for the Pilbarra.]

Solar Powered Eco Hub Proposed For Karratha

Solar Quotes, August 30, 2017

Western Australia’s City of Karratha has provided in-principle support for three business proposals that could see land at the site of Karratha Airport transformed into an eco-hub.

One of the proposed enterprises is the Sahara Forest Project that aims to produce fresh water, food and renewable energy through utilising seawater and harnessing energy from the sun.

Australian company Ecomag’s project is also under consideration for the site. EcoMag intends producing low cost, high purity magnesium compounds from brine waste streams from large scale salt production processes and solar energy.

The third potential project is associated with Rainstorm, a dust control company that has been operating since 1990.

According to City of Karratha Mayor Peter Long, a solar power plant of up to 20MW capacity could be built as part of these projects.

Read the full article at solarquotes.com.au/blog/karratha-eco-hub-solar-mb0186/

Kalium Lakes and EcoMag partner up

Mining Magazine, Jul 6 2017

Kalium Lakes has signed a letter of intent with magnesium processor EcoMag to trial the recovery of hydrated magnesium carbonate from brine samples. The sample will be taken from the large scale pilot pond works under construction at Kalium’s Beyondie sulphate of potash project in Western Australia.

Read the full article at miningmagazine.com/resources/industrial-minerals/kalium-lakes-and-ecomag-partner-up/