This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

EVTN To Supply Voraxial For Uranium One - Honeymoon Uranium Project

FORT LAUDERDALE, Fla., March 1 /PRNewswire-FirstCall/ -- Enviro Voraxial Technology, Inc. (OTCBB: EVTN) announced today that it has received a purchase order from Uranium One, Inc. (TSE: UUU; JSE: UUU) to supply a Voraxial Organic Recovery System for the Honeymoon Uranium Project.  Uranium One is among the top 10 Uranium producers in the world.  

Uranium One is developing the Honeymoon Uranium Project.  The Honeymoon Uranium Project, located in the uranium-producing state of South Australia, is an advanced in situ recovery (ISR) project.  The benefits of ISR include 1) No movement of ore, overburden or waste rock required, 2) No tailings, 3) Environmentally friendly, 4) Less time required for permitting and construction and 5) Low operating and capital costs.  Planned technical processes for uranium extraction have been confirmed through the operation of a demonstration plant and a field leach trial over an 18 month period.  Steady state production levels are expected to be 880,000 pounds U3O8 per year.

The purchase order was received through EVTN's relationship with Ausenco, one of the top companies listed on the Australian Securities Exchange (ASX: AAX).  The Ausenco Group is a leading provider of engineering, project management and operation solutions for the global resources and energy sectors.  

The Voraxial®1000 Separator will be installed to extract an oily, aqueous solvent stream from the uranium extraction, process water.  EVTN's Voraxial® Separator was selected based on its important economic benefits. These advantages include a significant reduction in energy, space and maintenance requirements.  

The Voraxial® Separator represents a major advance in fluid and fluid/solid separation technology.  Separation is a critical process across many of the world's most important industries.  This purchase order represents another multi-billion dollar industry that can benefit from the advantages of EVTN's Voraxial® Separator.  The Voraxial is being used for various separation processes including oil exploration and production, produced water, refinery, mining, water treatment, among others.    

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs