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Re: News Release - Friday, September 11, 2009
IBC Advanced Alloys Presenting at 9th IEA International Workshop
On Beryllium Technology in Kazakhstan
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VANCOUVER, BC -- September 11, 2009 -- IBC Advanced Alloys Corp.
(TSX-V: IB) ("IBC" or the "Company") is pleased to announce it will
presenting at the 9th IEA International Workshop on Beryllium
Technology for nuclear applications being held in Almaty, Kazakhstan on
the 15th to 17th of September.
The conference, sponsored by Kazatomprom, the national atomic energy
company of Kazakhstan, is to present research and technology
developments concerning beryllium utilization in both fission and
fusion nuclear power systems. IBC will be joining delegates, scientists
and nuclear engineers from Kazatomprom, Brush Wellman, the Japanese
Atomic Energy Agency, Axsys Technologies, the Idaho Falls National
Laboratory and others.
Dr. Alvin Solomon, Professor Emeritus at Purdue University's School
Nuclear Engineering, and head of IBC's Nuclear Fuels Advisor Board,
will be giving a presentation entitled the "Development and
Characterization of UO2 BeO Fuel Pellets". This research serves as the
foundation for the collaborative research project currently underway
between IBC, Purdue and Texas A&M Universities.
IBC signed a collaborative research agreement with Purdue in August
2008 to focus on developing a new type of beryllium oxide enhanced
nuclear fuel that has higher thermal conductivity and is therefore
potentially longer lasting, more efficient and safer than current
nuclear fuels. The objective of the research is to commercially develop
a beryllium enhanced nuclear fuel for optimal use in both current and
future nuclear reactors.
"We are very pleased to be participating in such an important event
being hosted by Kazatomprom, acknowledged leaders in the nuclear
sector," said Anthony Dutton, President and CEO of IBC. "We share their
commitment to exploring and commercializing beryllium technologies for
nuclear applications and look forward to exchanging ideas with our
Kazakh and international colleagues as we advance our own research
initiatives."
About IBC Advanced Alloys Corp.
IBC Advanced Alloys Corp. is an integrated manufacturer and distributor
of beryllium-based alloys and related products serving a variety of
industries including nuclear energy, automotive, telecommunications and
a range of industrial applications. IBC has 61 employees and is
headquartered in Vancouver, Canada with production facilities in
Pennsylvania, Indiana and Missouri. Additionally, IBC owns prospective
beryllium properties in the Western US and Brazil covering
approximately 9,500 hectares. IBC is creating a dynamic global
beryllium and advanced alloys company. IBC's common shares are traded
on the TSX Venture Exchange under the symbol "IB".
For additional information please contact:
IBC Advanced Alloys Corp.
Ian Tootill, Director of Corporate Communications
(604) 685-6263 ext 110
Email: itootill@ibcadvancedalloys.com
Website: www.ibcadvancedalloys.com
This news release was prepared by management of IBC, which takes full
responsibility for its contents. The TSX Venture Exchange has not
reviewed and does not accept responsibility for the adequacy of this
news release. Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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Copyright (c) 2009 IBC ADVANCED ALLOYS CORP (IB) All rights reserved.
For more information visit our website at
http://www.ibcadvancedalloys.com/ or send
mailto:itootill@ibcadvancedalloys.com
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IBC Advanced Alloys Corp
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CODE : IB.V |
ISIN : CA44923T6034 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
IBC Advanced Alloys is a development stage company based in Canada. IBC Advanced Alloys is listed in Canada. Its market capitalisation is CA$ 2.4 millions as of today (US$ 1.8 millions, € 1.7 millions). Its stock quote reached its highest recent level on May 27, 2011 at CA$ 1.98, and its lowest recent point on April 22, 2016 at CA$ 0.04. IBC Advanced Alloys has 30 350 000 shares outstanding. |