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TheStreet Open House

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.    

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