Markray Corp. Announces the New Product - Transparent Iron Oxide Pigment
March 06 2014 - 8:30AM
Marketwired
Markray Corp. Announces the New Product - Transparent Iron Oxide
Pigment
MOSCOW, RUSSIA--(Marketwired - Mar 6, 2014) - Markray Corp. (OTC
Pink: RVBR) announces a new product -- a transparent iron oxide
pigment. By result of the conducted laboratory researches on the
basis of modern innovative technologies in the Center of expert
systems of technological audit and certification of mineral raw
materials "NVP Centr-ESTAgeo" (http://www.estageo.ru) is revealed
possibility of extraction the transparent iron oxide pigment (TIOP)
from the lixiviation tailings. TIOP is one of the great worth and
scarce types of industrial raw materials, the component of
composite materials giving to materials opacity, color,
anticorrosion and other properties. Depending on a type of TIOP
market price fluctuates from $2,500 to $4,000. The largest
producers are Rockwood Holdings, Inc (USA), AGROFERT Holding Inc
(Czech Republic), BAYER Concern (Germany).
In domestic market the only enterprise making TIOP is the
Yaroslavl Pigment company. This company capacities isn't enough for
satisfaction of requirements of the Russian Federation industry
therefore any deficit is covered by import.
"The cumulative transparent iron oxide pigment reserves of our
company are 9 million tons. Under current market conditions Markray
Corp. capitalization will increase approximately by 7-8 billion
dollars" -- said Alexey Borisov, president of Markray Corp.
ATTENTION: To All Former Shareholders of the companies who
received delisting! Markray Corp. (OTC Pink: RVBR) will really help
to refund and increase yours investments. Please, go to email:
asmirn@newmail.ru
About Markray Corp.
Markray is in the business of extracting precious metals and
transparent iron-oxide pigment from technogenic dumps which are all
above ground. A geological audit of its current reserves concludes
that there are the following minerals in the stockpile currently
being processed:
Gold: 2 186 495 ounces; Silver: 23 781 350 ounces; Platinum: 115
756 ounces;
Transparent iron-oxide pigment: 9,000,000 tons
The company plans to acquire additional facilities to increase
its reserves.
Forward-Looking Statements
This news release contains "forward-looking statements," as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the
future.
Contact: asmirn@newmail.ru Elkina Olga
Markray (PK) (USOTC:RVBR)
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