Intec Metals Recycling Project

The Intec Metals Recycling Project is severely challenged by the adverse global financial conditions and particularly by the tight credit market for, and/or present excess capacity of, the mining, minerals processing and waste management industries.

In the light of these challenges facing direct financing efforts and an implied extension by the Vendor of the period available for an agreement and reduction of the purchase price, Intec has widened its collaborative approach with potential third party strategic acquirers.

To view the Quarterly Report, click here

Commercial Waste Treatment Contract

Successful results from commercial trials at the Burnie Research Facility resulted in an agreement with ACL for the recycling of 100,000 litres of heavy metal-bearing sludge in Tasmania. 

It is expected that profitable commercial treatment of heavy metal waste streams from other external parties will continue at the Burnie Research Facility throughout 2009, and commercial discussions with these parties are encouraging. 
 
To view the Quarterly Report, click here

Other News

• Intec is currently advancing discussions for profitable alternatives for the processing of EAF dust.
• The $10 million sale of Intec’s Hellyer assets to Bass Metals Ltd was settled on 19 March 2009
• Following months of detailed discussions, Mr Joe Lam of Intec’s Chinese representative office is advancing a prospective project using Intec’s technology in Southern China.
• Intec taken a proactive stance to maintain a dialogue with the participants of the Browns Sulphide Project throughout the March 2009 Quarter, with the aim of maintaining the momentum of the project and Intec’s valuable economic and technical contribution to the anticipated metallurgical flowsheet. 
 
To view the Quarterly Report, click here

Boardroom Radio Mining Services eConference



Dave Sammut, Corporate Development Manager for Intec Ltd gave a presentation this week to an online Boardroom Radio 'econference'.

To listen to the presentation, click here