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Monday, October 27, 2014 2:49:11 PM
Per last NR Oct 10th:
"The startup of the plant is progressing according to plan. We expect to begin shipping Hectatone finished products in November to meet initial customer orders", said Hectatone President, Frank B. Wright, Jr. Wright further stated “our entire Hectatone™ team is ready to launch a full line of unique organophilic hectorite and other organophilic clay products, that offer solutions to new drilling industry opportunities.”
Western Lithium is also commissioning a lithium demonstration plant in Germany. First trial production of lithium carbonate is expected in November. The Company plans to run several campaigns of lithium production to produce lithium carbonate and lithium hydroxide for lithium-ion battery applications. The Company is currently in discussions with potential partners in order to accelerate its lithium development activities in Nevada.
AND news release before that Sept 30th:
Hectatone™ has reserved the right to sell directly to a number of specific other oilfield service and supply companies that it is currently in purchasing discussions with.
Frank B. Wright Jr., President of Hectatone Inc. stated that “we recognize that working with an established distributor such as RMC is an important first step to complement our sales discussions with other oil service and supply companies. With the imminent startup of production at our Fernley, Nevada manufacturing facility, we are beginning to coordinate production campaigns with anticipated sales.”
The Company is on schedule for the manufacturing facility in Fernley, Nevada, to be fully operational to manufacture Hectatone™ products in November, 2014.
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