ALMI NEWS
Atlas Mining Announces Clay Sale to Lintech International
PR Newswire - December 15, 2004 08:30
Lintech International Sells and Distributes Over $20 million of Industrial Products on an Annual Basis, and Maintains Seven Warehouses Throughout the United States
OSBURN, Idaho, Dec 15, 2004 /Xinhua-PRNewswire via COMTEX/ -- Atlas Mining Company (OTC Bulletin Board: ALMI), a rapidly growing natural resource and mining company, announced today that its distributor, Lintech International, of Macon, Georgia, has placed an initial order for 40-50 Tons of Dragon Clay 100, Atlas Mining's finest quality processed clay. Due to the competitive nature of Lintech International's business, no terms were released.
William Jacobson, CEO of Atlas Mining said, ''We're pleased that we have been able to complete this order with Lintech. Since they are not the end user of the product, this indicates to us their positive attitude about our product including not only the sales they have lined up for this product but also future sales.''
In a previously announced agreement between the two companies, Lintech International will be the lead distributor of all halloysite clay products for Atlas Mining with the exception of microtubular-related and NANO uses.
''This is an order for our highest quality clay the Dragon Clay 100, and we will book this sale in 2004,'' said Jacobson.
Tom Hinson, President of Lintech International said, ''We received a sample of the clay and it is of exceptional quality. We'll be shipping this initial order to a variety of different buyers -- both domestic and international -- for use in a wide array of applications. These particular buyers use clay for a whole host of traditional products including fine china, various ceramic and porcelain applications, as well as glaze, finish, and coating products.''
About Atlas Mining Company
Years Teach Us, Which Days Never Knew
