King River Resources Ltd (ASX:KRR) has been granted a trading halt by the ASX with the announcement of Mt Remarkable gold exploration results pending.
The halt will remain in place until the beginning of ASX trade on Thursday, January 28, or when an announcement is released to the market, whichever occurs earlier.
Site area selected for high purity alumina plant
Recently, the company has selected Kwinana area within Western Trade Coast (WTC) industrial area on the eastern side of Coburn Sound, Western Australia, as the site for a high purity alumina (HPA) plant using the company’s HPA process on aluminium chemical feedstocks derived from other industrial processes.
The change in direction from a Kimberley-based mining operation to an industrial site in WA has been identified because of metallurgical test-work and engineering costings as part of a pre-feasibility study (PFS) on the Speewah Project.
The WTC is WA's premier industrial area and is well-served by major transport links, including deepwater bulk port facilities, freight routes and heavy rail.
The company has also engaged an environmental consultant with experience in the Kwinana industrial area to assist with site selection and permitting requirements for the type of chemical processing required for a HPA operation.