Get Level 2

If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE
REMOVE ADS
REMOVE ADS

Latest Share Chat

  2. Share Prices
  3. Zincox Resources Plc Share Price
  4. Zincox Resources Plc Share Regulatory News
  5. Korean EAFD supply agreements

Pin to quick picksZincox Resources Plc Regulatory News (ZOX)

Zincox Resources Plc Information
  • There is currently no data for ZOX

Korean EAFD supply agreements

16 Apr 2009 07:00

RNS Number : 6453Q
ZincOx Resources PLC
16 April 2009
 



16 April 2009

ZincOx Resources Plc

("ZincOx" or "the Company")

Korean Long Term Supply Agreements signed

ZincOx Resources Plc, which specialises in the recovery of zinc and zinc products from unconventional sources, announces today that its wholly owned subsidiary ZincOx Resources (Korea) Ltd has signed feed agreements with the nine largest electric arc furnace operators in Korea ("the Furnace Operators") for the supply of zinc bearing waste dust - electric arc furnace dust ("EAFD").

Andrew Woollett, Executive Chairman of ZincOx, said "We have been working in Korea for a number of years and these agreements now enable us to begin detailed plans for the development of an electric arc furnace dust recycling facility in the country. We are greatly indebted to the Korea Iron and Steel Association (KOSA) for their assistance in negotiating these agreements. This project, together with our advanced recycling plans in North America, will accelerate ZincOx into a significant recycler of EAFD".

Under the agreements, the Furnace Operators have committed to supplying their EAFD exclusively to ZincOx for a minimum period of ten years from the commissioning of the plant. ZincOx plans to acquire a suitable site, carry out environmental permitting, optimise process design by testwork and complete a detailed feasibility and engineering study with the intention of commencing plant development before February 2011. 

The Furnace Operators comprise the following steel companies: Hyundai Steel, Dongkuk Steel, Daehan Steel, YK Steel, Korean Iron and Steel Company, Posco Specialty Steel, SeAH Besteel, Hwanyoung Steel and Dongbu Steel. Together these companies produced over 350,000 tonnes of EAFD in 2008, having a zinc grade of about 22%.

For more information please contact: 

Andrew Woollett, ZincOx Resources plc Tel: +44 (0) 1276 450100 awoollett@zincox.com 

John Harrison (Nominated Adviser), Numis Securities

James Black (Corporate Broker), Numis Securities  Tel: +44 (0) 20 7260 1000 

Leesa Peters /Charlie Geller, Conduit PR Tel (Direct): +44 (0) 20 7429 6600  Tel (Mobile): +44 (0) 781 215 9885

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGREAXLSFSLNEFE
1234567
Date   Source Headline
27th Apr 20177:00 amRNSCancellation of admission to AIM
13th Apr 20173:04 pmRNSPosting of Annual Report & Notice of AGM
30th Mar 20177:00 amRNSFinal Results
25th Jan 20179:54 amRNSReceipt of Sale Proceeds and Loan Notes repayment
23rd Jan 201711:56 amRNSReplacement: Joint Venture Agreement
23rd Jan 20179:44 amRNSJoint Venture Agreement with Korea Zinc
12th Jan 20178:44 amRNSSale of Remaining Interest in KRP
24th Nov 20167:00 amRNSMemorandum of Understanding re Joint Venture
31st Oct 20167:30 amRNSSuspension - Zincox Resources plc
28th Sep 20167:00 amRNSHalf Yearly Report
1st Sep 20167:00 amRNSShare Dealing Arrangements
11th Jul 20167:00 amRNSDirectorate Change
4th Jul 201612:12 pmRNSHolding(s) in Company
30th Jun 20167:00 amRNSGrant of Options
30th Jun 20167:00 amRNSTotal Voting Rights
17th Jun 20161:13 pmRNSResult of AGM
17th Jun 20167:00 amRNSFundraising
19th May 20163:56 pmRNSPosting of Annual Report
12th May 20167:00 amRNSFinal Results for the year ended 31 December 2015
29th Apr 20167:00 amRNSCompletion of 90% transfer of Plant to Korea Zinc
17th Mar 20164:40 pmRNSSecond Price Monitoring Extn
17th Mar 20164:35 pmRNSPrice Monitoring Extension
10th Mar 20167:00 amRNSHolding(s) in Company
8th Mar 201610:30 amRNSHolding(s) in Company
4th Mar 20169:55 amRNSHolding(s) in Company
3rd Mar 201611:58 amRNSHolding(s) in Company
29th Feb 20167:00 amRNSTotal Voting Rights
8th Feb 201612:15 pmRNSHolding(s) in Company
2nd Feb 20167:00 amRNSFundraising
13th Jan 20167:00 amRNSBroker Change
29th Dec 20157:00 amRNSFundraising Unsuccessful
22nd Dec 201512:38 pmRNSShare Price Movement
18th Dec 201512:23 pmRNSResult of General Meeting
18th Dec 20157:00 amRNSGeneral Meeting Statement
2nd Dec 20152:09 pmRNSHolding(s) in Company
2nd Dec 201512:45 pmRNSPosting of the Circular to Shareholders
30th Nov 20157:00 amRNSKorean Debt Rescheduling
27th Nov 201510:28 amRNSHolding(s) in Company
25th Nov 20154:06 pmRNSProposed Fundraising for Working Capital
30th Sep 20157:00 amRNSHalf Yearly Report
28th Aug 20157:00 amRNSTotal Voting Rights
20th Aug 201512:16 pmRNSHolding(s) in Company
17th Aug 20151:19 pmRNSResult of General Meeting
14th Aug 20157:00 amRNSResult of Open Offer
31st Jul 20157:00 amRNSTotal Voting Rights
23rd Jul 20157:00 amRNSOpen Offer
17th Jul 20154:14 pmRNSHolding(s) in Company
16th Jul 20157:00 amRNSFundraising
14th Jul 20157:00 amRNSPerformance Improvement at Korean Recycling Plant
13th Jul 20157:00 amRNSLoan Notes Extension and Sale of USA Assets
1234567

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Recently viewed
ZOX
Zincox Resources Plc
LSE
0.00%
UC85
UBS Core BBG US Liquid Corp UCITS ETF hGBP dis
LSE
-0.37%
CGT
Capital Gearing Trust
LSE
0.39%
HFEL
Hend.far East
LSE
-2.28%
SDR
Schroders
LSE
-0.09%
Trending