Aug 30, 2023 | Business
TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Group CEO: Koichiro Tanaka), which develops industrial precious metals products as one of the core companies of TANAKA Precious Metals, announced today that it is promoting business strategies in each country with the aim of establishing a “Global Recycling Network” to promote the widespread recycling of precious metals.
TANAKA will encourage the recycling of precious metals in each country at its main recovering and refining bases: Ichikawa Plant and Shonan Plant for Japan and Southeast Asia, Hukou Plant for Taiwan, Marin Plant for Europe, and North Attleborough Plant for North America.
As part of this expansion, Chengdu Guangming Paite Precious Metal Co., Ltd., TANAKA affiliate company in China, will establish a new company, Ya’an Guangming Paite Precious Metal Co., Ltd., in Sichuan Province, China, which will begin full-scale operations in the summer of 2024 or later. This new company will manufacture precious metal compounds for various catalysts and plating and will also recover and refine precious metals from production scrap* and used catalysts by introducing TANAKA’s precious metal recycling technology.
Of the approximately 5 billion yen invested in the establishment of Ya’an Guangming Paite Precious Metal, TANAKA Kikinzoku Kogyo will invest 40%.
*Production scrap includes metal fragments, scraps, and waste generated during the manufacturing process.
Background of Precious Metal Recycling Business Development in China
Unlike in other countries and regions, the precious metals business in China should ideally be completely integrated with the recovery and refining of precious metals and the manufacture of industrial precious metals products. Until now, the cooperation between TANAKA Kikinzoku Kogyo and Chengdu Guangming Paite Precious Metal has allowed for limited integration, but some recoverable precious metals are still not being recovered. This new company will introduce the recycling process that TANAKA has cultivated over many years in the precious metal business in Japan to establish a system capable of recovering precious metals that have not been recovered up to now. Through the new company, TANAKA will establish a one-stop precious metal recycling scheme that can be completely integrated within China, further developing its precious metal recycling business.
TANAKA will contribute to sustainability by effectively utilizing limited precious metal resources in various businesses. TANAKA also believes that precious metal recycling will help reduce the use of mined precious metals in industrial products, thereby helping to reduce environmental impact.
Outline of New Company
– Company Name: Ya’an Guangming Paite Precious Metal Co., Ltd. (100% investment by Chengdu Guangming Paite Precious Metal Co., Ltd.)
– Executive Director: Zhang Shengming
– Location: No. 6, Qingjiang Road, Mingshan District, Ya’an City, Sichuan Province
– Total Floor Space: Approximately 19,000 sq.m.
– Activities: Recovering and refining of precious metals, manufacture and sales of precious metal compounds
– Planned Completion of Construction/Start of Operation: Construction is planned to be completed in January 2024, with full-scale operations scheduled to begin summer of 2024
About Chengdu Guangming Paite Precious Metal and TANAKA
Chengdu Guangming Paite Precious Metal Co., Ltd. was established in 2008 as a Chinese-foreign joint venture by CDGM Glass Co., Ltd. and Pushan International Co., Ltd. In 2012 it became a joint venture between CDGM Glass and TANAKA Kikinzoku Kogyo following an equity transfer from Pushan International. In 2014 the ownership ratio was changed to 60% for CDGM Glass and 40% for TANAKA Kikinzoku Kogyo. It is engaged in the manufacture and sale of precious metal industry products and the precious metal recycling business in China.
About TANAKA Precious Metals
Since its foundation in 1885, TANAKA Precious Metals has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volumes of precious metals handled. Over the course of many years, TANAKA has not only manufactured and sold precious metal products for industry but also provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and around the world collaborate and cooperate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,355 employees, the group’s consolidated net sales for the fiscal year ending March 31, 2023, was 680 billion yen.
Global industrial business website
https://tanaka-preciousmetals.com/en/
Product inquiries
TANAKA Kikinzoku Kogyo K.K.
https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/
Press inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/
Press Release: https://www.acnnewswire.com/docs/files/202308_EN.pdf
Jun 6, 2023 | Business
Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) (“Q2” or the “Company”) announces that due to active forest fires in northern Quebec, the Quebec Ministry of Natural Resources and Forests has banned forest access and closed all roads in the Eeyou Istchee James Bay region. As a result, the Company has temporarily ceased field activities and the crew and equipment have been withdrawn from the Mia Property and camp.
“Upon receiving the notice from the Ministry of Natural Resources and Forests, our focus is centered on the health and safety of the local community,” said Q2 President and Chief Executive Officer, Alicia Milne. “Once the fire risk has subsided, we will resume our exploration program.”
The Company is actively monitoring the situation and will provide further updates as information becomes available.
About Q2 Metals Corp
Q2 Metals Corp. is a Canadian mineral exploration company currently advancing exploration of its 8,668-ha flagship Mia Lithium Property in the Eeyou Istchee James Bay area of Quebec, Canada which is host to the Mia Li-1 and Mia Li-2 occurrences which grade 0.47% Li2O and 2.27% Li2O respectively. The Company also owns the Stellar Lithium Property with 77 claims totaling 3,972-ha, located approximately six kilometres north of its Mia Lithium Property in Eeyou Istchee James Bay.
Q2 is also exploring the highly prospective Big Hill and Titan gold projects covering approximately 110 km2 in the Talgai Goldfields of the broader Warwick-Texas District, hosting 54 high-grade historical gold mines.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Alicia Milne
President & CEO
Alicia@Q2metals.com
Kevin Bottomley
Director
Kevin@Q2metals.com
Jason McBride
Corporate Communications
Jason@Q2metals.com
Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com
Follow the Company: Twitter, LinkedIn, Facebook, and Instagram.
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Topic: Press release summary
Aug 26, 2022 | Business
VRC Metal Systems, a leading developer of advanced cold spray technologies, entered into a memorandum of understanding (MOU) with Flame-Spray Industries, Inc. (FSI), a leader in thermal sprayed coatings based out of New York. VRC is a leading developer of advanced technologies including cold spray for a wide range of industries and leads the global cold spray equipment market. VRC is a full-service cold spray company that designs and manufactures equipment, handles development of component repair applications, equipment integration, training, onsite and regional support. Flame-Spray Industries, Inc. has been developing and implementing advanced thermal spray services for over 50 years, serving a wide variety of industries including research and development, automotive manufacturing, and heavy equipment engine manufacturing. Flame Spray Industries, Inc. is also responsible for inventing the PTWA (Plasma Transferred Wire Arc) thermal spraying process. Together, VRC and FSI will use their cold spray technologies, products, and processes to design, manufacture, and market to the automotive industry and the on-road and off-road industrial equipment industry.
“VRC has enjoyed a very productive relationship with Flame Spray Industries for many years. This new cold spray partnership will further solidify the leadership position of both companies within the automotive coatings industry,” says Rob Hrabe, CEO, VRC Metal Systems.
This news comes in the wake of many recent major accomplishments for VRC Metal Systems, including:
The development of their C.A.M.P. Site™ fieldable enclosed, self-supporting portable cold spray unit to repair corrosion and battle damage of non-removable parts.
The development of their VRC® Dragonfly ™ system; another fieldable cold spray system used for shipboard repairs by repairing components in place while the ship is in port or at sea.
Being selected to take part in the U.S. Navy’s REPTX exercise.
2022 Elevate Rapid City “Large Business of the Year” Award.
To learn more about their products and their MOU with Flame-Spray Industries Inc., visit: https://vrcmetalsystems.com/memorandum-of-understanding-with-flame-spray-industries/.
About VRC Metal Systems
VRC Metal Systems, LLC was founded in January 2013 after obtaining an exclusive license for commercialization of the patent for hand-held high-pressure supersonic cold spray. Our high-pressure cold spray system deposits similar or dissimilar metals on most metallic surfaces including heat-sensitive applications, making previously impossible repairs now achievable. High-pressure cold spray enables game-changing solutions for repair, additive manufacturing, and protective/sacrificial coatings. VRC is heavily involved in developing cold spray and advanced manufacturing for the Department of Defense as well as commercial clients. VRC is a full-service cold spray company focused on equipment development and manufacturing, as well as performing research and development, fee-for-service cold spray processing, materials development, equipment integration, training, and on-site support. VRC Metal Systems, LLC is the only manufacturer of hand-held high-pressure portable cold spray systems in the world.
Learn more about VRC Metal Systems and its products here: www.VRCMetalSystems.com
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