Virotec International PLC
13 March 2008
VIROTEC INTERNATIONAL PLC
13 March 2008
Solid Waste Contract in Australia
The Directors of Virotec International plc ('Virotec') (AIM:VTI) are pleased to
announce that Virotec has entered into a contract to supply ViroFlowTM
Technology solid waste treatment services to Nyrstar Hobart Pty Ltd (formerly
part of Zinifex Ltd) ('Nyrstar'). The contract is to treat mercurous filter cake
and is expected to generate up to AUD$3.5 Million in revenue. Work on the
contract will commence in the first quarter of 2008 and is expected to be
completed by the end of the fourth quarter of 2008.
The service will involve transferring the solid waste from Nyrstar's site in
Hobart, Tasmania to Virotec's waste treatment facility in Queensland. Once
treated, the solid waste will be disposed, classified as an inert material,
into a landfill. The Queensland Environmental Protection Agency and the
Tasmanian Department of Primary Industries, Water and Environment have approved
the project. Virotec's ViroFlowTM Technology treatment will bind the mercury,
which is present in the solid filter cake, in such a way as to make it
chemically inert and environmentally safe for long-term landfill.
Daniel Blair, Virotec's General Manager of the Australian operations, stated 'We
have been working with Nyrstar for several months, and this contract follows
successful testing and a field trial where Virotec was required to demonstrate
the chemical and commercial viability of our ViroFlowTM Technology solution.'
Nyrstar is the world's largest zinc metal producer, and is also one of the
world's largest primary lead smelting and refining companies.
Mr Brian Sheeran, Executive Chairman of Virotec added 'This contract will allow
us to demonstrate the effectiveness of our unique Technology and further
enhances the profitability of the Australian operations. Furthermore, we are in
the process of demonstrating the efficacy of the Technology on additional waste
streams for other companies and we are confident that on the completion of this
work, additional contracts will be awarded to Virotec'.
For further information please contact:
Angus Craig, Virotec International plc - +61 75573 3373
Chris Hardie, Arden Partners plc- +44 2073981639
VIROTEC INTERNATIONAL plc
Company Number 5796515
This information is provided by RNS
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