Sparton Resources has been selected to join the Ontario Environmental Mission to China to be led by Ontario Premier, Dalton McGuinty from October 26 – November 6, 2008. The Mission will focus on linking Ontario based environmental business groups with Chinese organisations involved in environmental programs such as water treatment, alternative energy, and various forms of waste cleanup and recycling projects. Ontario’s Government is promoting the development of new environmentally related business opportunities in China with its initiative to organise and coordinate this Mission to the world’s fastest growing economy.
The Mission group will participate in environmental forums in the cities of Shanghai, Nanjing, Beijing and Chonquing, and the Ontario group will be joined in Beijing by four other Canadian Provincial Premiers as representatives of the Canada China Business Council. Over 250 China based business and governmental organisations with environmental projects are expected to meet with the Mission representatives.
Sparton was chosen as one of seventeen companies to represent Ontario from a selection process involving over 50 candidates, and was recognised for itsĀ development programs in China to extract uranium fuel from radioactive waste coal ash, and as an emerging producer of germanium – used in valuable environmental applications.
The company, through is China based joint venture is expected to sign a contract in Beijing with a subsidiary of the China National Nuclear Corp for the construction of a bulk sample plant and the final feasibility evaluation of the cleanup of the radioactive waste piles in the Lincang area in Yunnan Province. The complete contract, valued at over $4 million, will have the facility to be extended into the construction of the commercial production plant for uranium oxide and waste cleanup at Lincang, once bulk sample testing and final plant design are complete.