Search Minerals Inc.(TSXV:SMY) announced the signing of a Heads of Agreement for a salt technology processing plant. The Company signed the agreement with PT ANTAM and will begin construction of the plant in Indonesia.
As quoted in the press release:
The Indonesian plant will be the second plant to test the Company’s SALT process. Through its participation with Votorantim Group in Brazil (see News Release – August 9, 2011), Search has advanced the development of the SALT process via the Votorantim pilot plant in Rio de Janeiro with respect to leaching of Caron plant tailings and laterite (saprolite) materials.
Search Minerals, President, Jim Clucas, commented:
We are very excited to be working with two world class mining companies looking to achieve efficiencies with their existing resources.