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[February 2005]
Atlas Mining Strikes New Collaborative Agreement
Atlas Mining Company (Osburn, ID, USA) has announced that it has sold 500 tons of halloysite clay to NaturalNano Inc (Rochester, NY, USA) and has agreed to collaborate in the development and implementation of a proprietary separation process. Atlas and its partner NanoDynamics will work closely with NaturalNano.
Atlas was awarded the supply contract by NaturalNano, a technology firm that develops new processing techniques and commercial applications of natural nanoscale materials. Atlas says that the agreement could make it one of the world's largest providers of a unique mineral that contains natural nanotubes - hollow tubes that are a billionth of a metre in diameter. Researchers believe the natural nanotubes can become a central component of a new generation of nano-engineered products and technologies.
Unlike carbon nanotubes, naturally occurring halloysite nanotubes are inexpensive, readily available in quantity, environmentally benign and safe and easy to process. Halloysite nanotubes don't clump together, making them ideal for use in electronic fabrication and other high-tech ceramic composite applications. The potential marketplace for naturally occurring nanotubes crosses numerous industries, representing significant potential revenues.
www.atlasmining.com
www.naturalnano.com
ENDS