Altair Leases Centrifugal Jig to BHP Minerals International.CODY, Wyo.--(BUSINESS WIRE)--Oct. 20, 1997--Altair International Inc. (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : AIL AIL 1. Angiocentric immunoproliferative lesion 2. Angioimmunoblastic lymphadenopathy ; NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ALTIF) -- Altair International Inc. today announced it has leased a Series 12-8 Altair Centrifugal Jig to BHP Minerals International Inc. The Jig will be installed in BHP's worldwide minerals testing laboratory in Reno, Nevada. Under the terms of the agreement, Altair has granted BHP a non-exclusive license for use of the Centrifugal Jig. Altair will deliver and set up the Centrifugal Jig and train BHP personnel to operate and conduct routine maintenance on the equipment. Further, Altair will also provide limited consulting on an ongoing basis. "We expect BHP's extensive testing to further prove the Jig's ability to recover extremely fine, heavy particulate matter particulate matter n. Abbr. PM Material suspended in the air in the form of minute solid particles or liquid droplets, especially when considered as an atmospheric pollutant. Noun 1. from both natural deposits and waste streams more effectively than traditional methods," said Dr. William Long, President of Altair International. "BHP will be testing several minerals previously untested by Altair." The Series 12-8 Altair Centrifugal Jig designation describes a cylindrical screen 12" in diameter and 8" in height, with all other Jig components correspondingly scaled. Its capacity in concentrating applications is approximately 4 to 5 tons of solids per hour. In cleaning applications, the Jig processes approximately 1 to 2 tons of solids per hour. These figures are based on feed normally presented at a 20 to 35 percent slurry density. Altair International is in the development stage of commercializing its state-of-the-art technology, the Centrifugal Jig, which recovers extremely fine, heavy particulate matter using a combination of a mechanical jig and centrifugal force centrifugal force Fictitious force, peculiar to circular motion, that is equal but opposite to the centripetal force that keeps a particle on a circular path (see centripetal acceleration). . Potential applications include gold/mineral recovery, coal cleaning and environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a . Altair is the 100 percent owner of a major titanium/zircon mineral deposit in Tennessee. Note: News releases, 1OK and other information on Altair can be accessed at no charge at Web Site http://www.ctaonline.com/ir/aig.htm on the Internet. -0- The Alberta Stock Exchange neither approves nor disapproves of the information contained herein. CONTACT: Carl Thompson Carl Thompson (Born in 1939) is a luthier specializing in the construction of high-quality custom bass guitars, based in Brooklyn, New York. Born in Pitcairn, Pennsylvania to a large musical family, he moved to New York City in 1967 to pursue a career as a jazz guitarist. Associates Jenny Herring, 303/494-5472 or Carl Thompson Associates Carl Thompson, 303/494-5472 or Altair International Inc. Dr. William Long, 307/587-8245 |
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