METALS
ASX-listed junior Australian Bauxite has inked a heads of agreement (HoA) with technology provider Refined Ore Industries (ROIL) to produce aluminium fluoride from bauxite.
Under the terms of the HoA, Australian Bauxite will have exclusive global rights to produce aluminium fluoride from the ALCORE project, which will apply ROIL’s patented ores-to-elements (CORE) process, which refines various types of ores using a combination of fluorine acids and related thermal energy process steps.
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