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Metalo Manufacturing Inc.

Listing Exchange: 
CSE
Status: 
Active
Industry: 
Diversified Industries
Symbol: 
MMI
CSE Index: 
Currency: 

Metalo Manufacturing Inc. (MMI) is the largest shareholder in two advanced development assets where, collectively, more than $40 million has been invested in assessing and defining market solutions. One asset has a Bankable Feasibility Study and the other a Preliminary Economic Assessment.

Both assets fall under the scope of mining and metals investments, with a similar core value of being an environmental leader in this industry.  One asset is a proposed iron making smelter that will produce the lowest CO2 emissions per tonne of metal globally.  The other asset is a mineral sands project involving no crushing, blasting, or grinding.

The casted iron will be a premium product in the value chain for “mission critical-fail safe” precision components for aerospace, defense, wind energy, automotive and medical devices.  Producing high purity metal with clean and low-cost hydroelectricity is further enhanced by shipping iron ore in and pig iron out, to the market via water – less CO2 and cost per tonne than road or rail.

The mineral sands will deliver high purity inputs for a wide range of products required daily – glass making (automotive, construction, etc.), ceramics, materials for metal makers, etc.  The silica quartz is high purity (SiO2), along with feldspars (ceramics and glass making) and garnets (used as a premium abrasive).  High purity sands are not commonly found.

MMI’s holding in the two projects is through Grand River Ironsands Incorporated (privately held), where MMI controls 44% of the shares.   

 

 

You are here

Metalo Manufacturing Inc. (MMI)

SEDAR Information

Company Info

Address
1400-141 Adelaide Street
N/A
Toronto, ON M5H 3L5
Canada
Phone
1-902-233-7255
Email
liz@metalo.ca
Website
http://www.metalo.ca
Listing date
Thursday, March 29, 2012
Investor Relations
Liz MacKenzie
Auditor
PricewaterhouseCoopers LLP

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Capitalization

Issued & Outstanding: 
18,830,815
Reserved for Issuance: 
3,450,203

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