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[March 2004]
Atlas Mining to Fill Halloysite Order for Overseas Buyer
Atlas Mining Company (Osburn, Idaho, USA) announced on 25 March 2004 that it would immediately begin filling an overseas order for approximately 50 tons of halloysite clay. President and CEO William Jacobson said: "Our immediate focus is to extract and process enough clay to fill this order. We feel confident we'll have this order filled and shipped by the end of June".
For reasons of competition and its right to conduct confidential research and development of the halloysite, the overseas buyer has requested anonymity at this point.
"We're pleased to have so much interest in our product," Jacobson continued. "Our clay is of such high quality, we have not had to seek buyers to this point. They're seeking us."
Atlas Mining is a diversified natural resource company with its primary focus on the development of the Dragon Mine in Juab County, Utah, USA, said to be the only known commercial source of halloysite clay outside of New Zealand. The company said that the unique purity and quality of the Dragon Mine halloysite was unmatched anywhere in the world and had spawned considerable research into new and exciting applications for this product.
Dragon Mine halloysite has a unique tubular quality, not unlike a grain of rice, only considerably smaller and hollow.
ENDS