China EPA Approval to Build Demonstration Plant
19 Dicembre 2011 - 5:37PM
Marketwired
AuraSource, Inc. (OTCBB: ARAO), a developer
of hydrocarbon clean fuel and material beneficiation technology,
today announced that its wholly owned subsidiary, AuraSource
Qinzhou Co., Ltd., has received Chinese EPA approval to build an
ultra-fine clean coal industrial demonstration plant in the Qinzhou
Port Economic Development Zone.
The plant will utilize a preparation method for ultra-fine
coal-water slurry product, which includes an AuraSource
international patent pending shock wave grinding apparatus and
gravity separation system. This industrial demonstration plant will
include a research and development lab for both coal ash removal
and for mineral beneficiation.
Philip Liu, AuraSource's CEO, stated, "The testing of our
ultra-fine grinding and impurity removal technology on a large
scale, will be an important milestone in company's on-going
commitment to develop both economy and environmentally viable
material beneficiation technology."
About AuraSource
AuraSource is focused on the development and production of
environmentally friendly and cost effective industrial energy and
feedstock used for industrial applications. AuraSource's core
technology includes ultrafine grinding and impurities removal
processes. Initial industrial applications of AuraSource technology
are ultra-fine coal water mixture for heavy oil substitution, and
low grade iron ore fine and slimes beneficiation.
For more information about AuraSource, please visit
www.aurasourceinc.com.
SAFE HARBOR STATEMENT This Press Release
may contain certain forward-looking statements within the meaning
of the Securities Litigation Reform Act of 1995. AuraSource has
tried, whenever possible, to identify these forward-looking
statements using words such as "anticipates," "believes,"
"estimates," "expects," "plans," "intends," "potential" and similar
expressions. These statements reflect AuraSource's current beliefs
and are based upon information currently available to it.
Accordingly, such forward-looking statements involve known and
unknown risks, uncertainties and other factors which could cause
AuraSource's actual results, performance or achievements to differ
materially from those expressed in or implied by such statements.
AuraSource undertakes no obligation to update or provide advice in
the event of any change, addition or alteration to the information
catered in this Press Release including such forward-looking
statements.
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CONTACT: For Company Eric Stoppenhagen
+1-949-903-0468 Email Contact
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