WATERCORE water softeners : Ion-Exchange and Nanofiltration (membrane softening). Which will work best for you?

Watercore - WATER AND WASTEWATER TREATMENT AND PURIFICATION FOR BUSINESSES

Watercore – WATER AND WASTEWATER TREATMENT AND PURIFICATION FOR BUSINESSES

Watercore : water softeners for hard water in Australia

Watercore : water softeners for hard water in Australia

Watercore : hard water treatment for industrial and commercial environments

Watercore : hard water treatment for industrial and commercial environments

WATERCORE water softeners (Ion-Exchange & Nanofiltration) reduce the Calcium and Magnesium present in hard water and prevent cement-like deposits.

WATERCORE water softeners (Ion-Exchange & Nanofiltration) reduce the Calcium and Magnesium present in hard water and prevent cement-like deposits.”

— David Garcia

EDGECLIFF, NSW, AUSTRALIA, July 26, 2021 /EINPresswire.com/ — Hardness in water is the sum of the concentrations of Calcium and Magnesium. Other ions produce hardness too: Iron, Manganese, Strontium, Barium, Zinc, and Aluminum, however these ions are generally not present in significant quantities and are not included when measuring water hardness.

Hardness is generally expressed in units of milligrams per liter (mg/L) as Calcium Carbonate (CaCO3). An expression also used to define hardness in the context of ion-exchange water softeners is grains per gallon (1 grain per gallon of hardness is equal to 17.1 mg/L as CaCO3).

Carbonates and Sulphates of Calcium and Magnesium tend to precipitate as hard deposits on the surfaces of pipes and heat exchanging surfaces. As a result, the resulting build-up of cement-like scale tends to restrict the water flow inside the pipes. In boilers, for example, the deposits act as an insulation that impairs the flow of heat into water, reducing the heating efficiency and allowing the metal boiler components to overheat. In cooling towers, these precipitates are responsible for a decrease in airflow through the tower and if not corrected, can seriously reduce the tower’s performance.

In general, most commercial and industrial plants such as boilers, cooling towers, car washes, laundries etc need soft water. As a result, water softeners are common in the treatment of surface and well water supplies for these industries.

Watercore design, manufacture and service industrial and commercial water softeners using two different water treatment plants:
ION-EXCHANGE RESIN FILTER: Resin or ion exchange water treatment replaces Calcium and Magnesium ions with Sodium. Basically the incoming water passes through a resin filter and the resin ‘traps’ the Calcium ions, or limescale, from the solution and exchanges them for ions of sodium. As Sodium has a higher solubility than Calcium or Magnesium in water, this exercise translates into higher water quality.

MEMBRANE / NANOFILTRATION SYSTEMS: In contrast to the ion exchange softeners, Nanofiltration softeners use low-pressure Nanofiltration membranes, similar to reverse osmosis membranes, to remove bivalent ions from water. As a rule of thumbs these type of commercial and industrial water softening membranes reject 99.8% of sulfate and bivalent ions while passing other components, particularly monovalent ions such as Chloride and Sodium, allowing for ultra-low-pressure operations.

Choosing and sizing and the best water softener will depend on a number of factors including hardness of the water, volumes of water used, flow rate required and type of application. However our technical sales team are available to help you with all aspects of design, from the sizing of the unit to the best and most practical location.

David Garcia
Watercore
+61 1300 742 010
dgarcia@watercore.com.au
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Source: EIN Presswire

Update At Mexus’ Santa Elena Mine

RENO, NEVADA, USA, July 26, 2021 /EINPresswire.com/ — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that mining continues of the Vein 2 area at its mine located in Caborca, MX with impressing geologic findings including increasing metallic content at only 10 meters of depth. Surface values are from 0.3 g/ t gold and new values ranging from 4 to 12 g/t gold and increased silver from 3 g/t to 100 g/t silver. The quartz vein material is crackled partly from blasting but more than 75% due to a coincident and very potent low angle thrust fault which also contains values with 1.4 g/t gold and 5 g/t silver.

Mining is currently being developed at the quartz vein with 1 to 1.5 meter with some wider pocket zones. Mexus has found 10 g/t gold zones randomly with notable oxide coloring due to former sulphides. Thrust fault shear mineral is being worked around it and only high grade quartz vein is loaded and hauled. Currently, the company is able to load 600 tons per day which can be hauled to the crushing area and conveyed to the heap leach pad. Carbon absorption is proving very efficient and the best processing option. Pregnant solution treated is ranging from 0.3 to 1.7 ppm gold. One ton of loaded carbon is en route to Chicago for processing for final sale which will allow Mexus to increase production on a weekly basis.

About Mexus Gold US
Mexus Gold US is an American based mining company with holdings in Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.

For more information on Mexus Gold US, visit www.mexusgoldus.com.
Mexus Gold US (775) 721-9960. Paul Thompson Sr

Cautionary Statement
Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

Paul Thompson
Mexus Gold US
+1 775-721-9960
email us here


Source: EIN Presswire

MMC Achieves the Quality Mark "Proudly Made in Egypt"

Proudly Made in Egypt Logo

Industrial Modernization Center IMC launched the mark in a bid to distinguish companies that apply standards approved by international accreditation bodies.

GIZA, EGYPT, July 26, 2021 /EINPresswire.com/ — Khaled Allam, head of Quality and Training for Misr Measurement & Control – MMC, has announced that MMC has secured the the coveted "Proudly Made in Egypt" Mark.

Allam said that achieving this mark is well aligned with the company's endeavor to keep pace with international standards and absolute commitment to achieving high quality objectives.

Mona Helmy, Director of Marketing and Sales at MMC, added that the Certification was a result of an actual end to end evaluation of the company's activities and processes. Helmy said that this effort comes as MMC continues to enhance its leadership in regional markets.

The Egyptian Ministry of Trade and Industry has launched the “Proudly Made in Egypt” mark through the Industrial Modernization Center – IMC in 2016. The initiative aims to support Egyptian made products.

The mark is used as a symbol for companies that manufacture high-quality Egyptian product. The mark seeks to distinguish companies that apply total quality standards approved by Egyptian and International accreditation bodies from other companies that do not operate according to those standards, especially those in the informal sector.

In 2018, IMC registered the trademark “Proudly Made in Egypt” with the Nice International Classification of Goods and Services.

Misr Measurement & Control (MMC) was established in 1990, and is considered a key player in Egypt and the MENA region for the manufacturing and supply of metallurgical industry inputs as well as measurement & control devices for manufacturing processes.

Salma Hamdy
MMC
S.Hamdy@mmcholding.org
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Source: EIN Presswire

Pelagic Secures Evergreen PGM/Chrome Contract from Kookfontein Mine

Pelagic Resources Logo Black and White

Pelagic Resources Logo

Image of the Singapore Lion Fountain

The Kookfontein project has over 10Mt of reserves and is expected to be productive by the end of 2021

The Kookfontein project is a historical moment for us, as it is expected to triple our chrome trading volumes, as well as make a dynamic entry into the world of PGM trading.”

— Dinos Demetriades

SINGAPORE, July 24, 2021 /EINPresswire.com/ — Further to the announcement in March 2021 whereby Pelagic Resources ("Pelagic") acquired 23% of Bauba Resources ("Bauba") (JSE:BAU) and thereby secured an evergreen offtake agreement to market all of Bauba's current and future metallurgical and chemical chrome ore production, Pelagic has now provided Bauba with a financing facility to develop its Kookfontein chrome/PGM project.

The financing facility represents Pelagic's first greenfield project financing facility arrangement with Bauba and further cements the relationship between the two firms.

The acquisition and development of the Kookfontein project represents an exciting opportunity for Pelagic and a turning point in the company's business as it anticipates tripling its chrome marketing volumes while simultaneously providing the company with an entry point into the PGM distribution business.

Dinos Demetriades, CFO of Pelagic had this to say: “The Kookfontein project closing is a historical moment for our business, as it is expected to triple our chrome marketing volumes, as well as providing Pelagic an entry point into the PGM raw materials market.”

The Kookfontein project boasts proven reserves of 10 million metric tons and is expected to reach monthly production levels of 40,000MT chrome concentrate and 30,000MT of primary PGE rich Run of Mine ('ROM') by the end of 2021. Pelagic will have the exclusive rights to market 100% of the commodities produced by the project. The deal will see Pelagic marketing over 1 million tons of chrome per annum, representing 2-3% of the global chrome market.

__________________________________________________________________________________________________________________________________________________________
About Pelagic Resources

The Pelagic Resources Group (“Pelagic Resources”) is an established global physical commodity merchant, headquartered in Singapore with offices in South Africa, Zimbabwe & China with a core focus on specialty metal ores. Pelagic was founded in 2016 and has since marketed over 1 million tons of chrome concentrates to China, Europe, India and the USA.

About Bauba Resources
Bauba Resources is a diversified mining and exploration group, listed on the Johannesburg Stock Exchange. The group engages in chrome mining, platinum exploration and other projects in South Africa.

Dinos Demetriades
Pelagic Resources
+65 6978 4631
info@pelagicresources.com
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Source: EIN Presswire

WTIA and J.O.Engineering signs a MOU with SNEL to Generate & Supply DR Congo National Grid with Electricity

SNEL Logo

SNEL Logo

WTIA Chairman Kim and SNEL DG Jean-Bosco

WTIA Chairman Kim and SNEL DG Jean-Bosco

The Team @ SNEL HQ in Kinshasa, DR Congo

The Team @ SNEL HQ in Kinshasa, DR Congo

J.W.Lee - Managing Director, J.O. Engineering

J.W.Lee – Managing Director, J.O. Engineering

J.O.Engineering Logo

J.O.Engineering Logo

SNEL chez Société Nationale d'Électricité Sa, Kinshasa signed a MOU with WTIA Consortium partner J.O.Engineering to supply DR Congo National Grid with Power

“With the signing of this agreement, we will not only contribute to securing the energy supply in the major urban centres but also target supplying power to as many households as possible eventually".”

— Jean-Bosco Kayombo Kayan, SNEL Director-General

GOMBE, KINSHASA, DEMOCRATIC REPUBLIC OF THE CONGO, July 24, 2021 /EINPresswire.com/ — Congolese state-owned utility company Société Nationale d’Électricité (SNEL) has signed an MOU today 23rd July 2021 with WTIA Consortiumartner South Korean based J.O.Engineering to build, generate and supply electricity to the National Grid operated by SNEL.

SNEL director-general Jean-Bosco Kayombo Kayan was quoted during the signing ceremony saying: “With the signing of this agreement, we will not only contribute to securing the energy supply in the major urban and peri-urban centres but also finally target supplying electricity to as many households as possible eventually"'.

“We will similarly be able to ensure and complement the supply of electricity to industries across our country, in particular the mining companies, which represent the economic lungs of [the] Haut-Katanga and Lualaba [provinces] during Phase 1,.”

We will use Hyundai's "Packaged Power Stations" which are modular containerized power plants and will be a perfect fit for DR Congo's adverse geographic and remote locations as these containers fit on trucks for easy transportation and complete setup within short periods of time as opposed to larger Power Generation Plants said J.W. Lee, Managing Director of J.O.Engineering.

The complete power deficiency across the DR Congo can be mapped and planned with a combination of Hyundai's Large Power Stations and the more versatile Packaged Power Stations he further quipped. We have successfully implemented National Power Projects globally but a country of mention is Cuba where a 576MW Packaged Power Station with a combination of 310MW Diesel Power Plant was set which elevated the power deficiency and the state proudly printed The Hyundai Packaged Power Station on their 10 Peso Currency Bill.

WTIA has a significant role to play in this venture as they are tasked with raising the much needed funds for the successful implementation of this ambitious project which is estimated at approximately US$300M, more clarity will be received once the locations and study is complete.

Democratic Republic of The Congo’s energy sector is ripe for investment. The absence of reliable power grids and adequate electrical distribution has a dampening effect on investment and development, as potential investors typically have to provide their own power generation to operate effectively. Electricity production cannot keep up with demand; additionally, distribution cannot keep up with production, so production is often wasted or simply scaled back said Keun-Young Kim, WTIA Chairman

Rohan F. Britto
WTIA Co., Ltd
+971 55 635 0635
email us here
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Power Packaged Solutions – J.O.Engineering, Ulsan – South Korea


Source: EIN Presswire

Mudrick Capital Acquisition; Gordon Pointe Acquisition – Kehoe Law Firm, P.C. Breach Of Fiduciary Duties Investigations

Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C.

MUDS, GPAQ – Investigations To Determine Whether Certain Directors And/Or Officers Breached Their Fiduciary Duties To Shareholders

PHILADELPHIA, PA, USA, July 23, 2021 /EINPresswire.com/ — Kehoe Law Firm, P.C. is investigating whether certain directors and/or officers of the following Special Purpose Acquisition Companies (“SPAC”) breached their fiduciary duties to the SPAC or its shareholders:

Mudrick Capital Acquisition Corporation (NASDAQ: MUDS), Now Known As Hycroft Mining Holding Corporation (NASDAQ: HYMC)

The investigation concerns whether Mudrick Capital Acquisition Corporation’s (“Mudrick Capital”) board of directors or senior management failed to manage Mudrick Capital in an acceptable manner, in breach of their fiduciary duties to Mudrick Capital shareholders, and whether Mudrick Capital’s shareholders suffered damages as a result.

On January 13, 2020, Mudrick Capital executed a merger agreement with the predecessor to Hycroft Mining Holding Corporation (“Hycroft”), with an April 17, 2020 record date for the shareholder vote. On May 29, 2020, the merger transaction closed, with Hycroft continuing as the successor entity.

On October 1, 2020, Hycroft announced a secondary offering, ultimately consisting of 9.5 million shares of common stock and the same number of immediately exercisable warrants, bringing net proceeds of $83.1 million. On this news, shares dropped 16% to $7.58/share.

On March 24, 2021, Hycroft announced financial results for 2020 and the financial outlook for 2021. On this news, shares dropped over 28% to $4.96.

Gordon Pointe Acquisition Corp (NASDAQ: GPAQ), Now Known As Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV)

The investigation concerns whether Gordon Pointe Acquisition Corp’s (“Gordon Pointe”) board of directors or senior management failed to manage Gordon Pointe in an acceptable manner, in breach of their fiduciary duties to Gordon Pointe shareholders, and whether Gordon Pointe’s shareholders suffered damages as a result.

On September 16, 2019, Gordon Pointe executed a merger agreement with the predecessor to Hall of Fame Resort & Entertainment Company (“Hall of Fame”), with a June 1, 2020 record date for the shareholder vote. On July 1, 2020, the merger transaction closed, with Hall of Fame continuing as the successor entity.

In its first two days of trading post-merger, the stock dropped from $12 to $7.84/share, a drop of more than 34%.

IF YOU WERE EITHER A SHAREHOLDER OF MUDRICK CAPITAL ACQUISITION CORPORATION OR GORDON POINTE ACQUISITION CORP AND WISH TO DISCUSS KEHOE LAW FIRM’S INVESTIGATIONS OR HAVE QUESTIONS ABOUT YOUR POTENTIAL LEGAL RIGHTS, PLEASE CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE INVESTIGATIONS OR POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion dollars on behalf of institutional and individual investors.

This notice may constitute attorney advertising.

Michael Yarnoff, Esq.
Kehoe Law Firm, P.C.
+12157926676
info@kehoelawfirm.com


Source: EIN Presswire

Energy Storage Expert, Shawn Shaw, to Lead Clean Energy Associates’ Rapidly Growing Energy Storage Department

Shawn Shaw, Director, Energy Storage, at Clean Energy Associates

Shawn Shaw, Director, Energy Storage, at Clean Energy Associates

Clean Energy Associates Logo

Lithium-Ion Battery Deployment Grew 25% Year-On-Year Despite Global 4% Contraction in Energy Storage Markets - Clean Energy Associates ESS SMIP 2021 H1

Lithium-Ion Battery Deployment Grew 25% Year-On-Year Despite Global 4% Contraction in Energy Storage Markets – Clean Energy Associates ESS SMIP 2021 H1

Clean Energy Associates (CEA) welcomes Energy Storage industry veteran Shawn Shaw to lead CEA’s Energy Storage team globally as Director, Energy Storage.

The energy storage industry is expanding rapidly, and I’m thrilled to be joining one of the industry leaders in energy storage services”

— Shawn Shaw

DENVER, COLORADO, UNITED STATES, July 23, 2021 /EINPresswire.com/ — Clean Energy Associates (CEA) welcomes Energy Storage industry veteran Shawn Shaw to lead CEA’s Energy Storage team globally as Director, Energy Storage. Shaw will utilize his 17+ years of energy storage and renewable energy experience and extensive network to support CEA’s clients in navigating the complex Energy Storage landscape and support the design, supply chain, performance, and safety needs of the burgeoning number of solar + storage projects around the globe.

Over the course of his career, Shaw has supported over 7GW of solar PV and 1.5GWh of energy storage projects, providing technical due diligence, independent engineering, design advisory, construction oversight, performance evaluation, feasibility study, and related services for major financial institutions, government agencies, clean energy programs, project developers, and asset owners.

“CEA’s customers are becoming increasingly sophisticated in their approach to energy storage, and Shawn will play a key role in guiding them through the most complex projects,” said Vinayak Gupta, VP, Operations at Clean Energy Associates. “Shawn joins a world-class team of energy storage experts as we continue to broaden our service offerings to clients worldwide. We could not be more excited to have him lead our team.”

Prior to joining CEA, Shaw served as Global Head of Solar and Energy Storage at Natural Power where he oversaw the firm’s solar and energy storage activities in due diligence, independent engineering, technical advisory, inspection, and asset management services for projects in Europe, Africa, and the Americas.

Shaw is a Registered Electrical Engineer in New York State and previously spent fourteen years at The Cadmus Group as Principal, leading a multidisciplinary renewable energy consulting team providing technical due diligence, research, evaluation, planning, and other services to public and private clients including state governments, municipalities, utilities, and corporations.

“The energy storage industry is expanding rapidly, and I’m thrilled to be joining one of the industry leaders in energy storage services, especially given CEA’s strong upstream presence in Asia,” said Shaw. “CEA’s customers look to us for expert support throughout the project lifecycle, starting with technology and supplier selection and contract negotiation and ending with field performance issue resolution and safety standard improvement. I look forward to expanding CEA’s service offerings to support our clients' growing needs.”

Clean Energy Associates is growing fast, and additional career opportunities are available now across many departments. Follow CEA on LinkedIn to receive updates on available opportunities.

About Clean Energy Associates
CLEAN ENERGY ASSOCIATES (www.cleanenergyassociates.com) provides technical due diligence and engineering services for solar PV and energy storage clients around the globe who are financial institutions, project developers, EPCs, IPPs, and PV power plant owners.

CEA’s team of 175+ professionals with 1,000+ years of industry experience including 130+ engineers serve the solar PV and energy storage industries through our expertise in PV modules, racking, inverters, batteries, and energy storage systems. Since 2008, CEA has reduced Buyers' risks and improved returns on investments via technical assurance and engineering services covering more than 90+ GW of solar PV and 4+ GWhr of energy storage projects in 60+ countries.

Morgan Oats
Clean Energy Associates
+1 800-732-9987
pr@cea3.com
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Source: EIN Presswire

Quest Informatics Implements DMS (AM-ERP) to Market Leader in Motorcoach, Electrical & Hybrid Buses manufacturer in NA

BANGALORE, KARNATAKA, INDIA, July 23, 2021 /EINPresswire.com/ — Our customer is a market leader in Motorcoach, Electrical Buses and Hybrid Buses along with luxury coaches and other wide ranges of Buses in North American Market.

This year (2021) in first quarter, we implemented our DMS for the final branch spanning 20+ branches across Northern America.

DMS covers complete functionality from receiving customer complaint or booking, generating accurate quote and approval from customer and different internal approval based on different types of services, comprehensive and complete repair orders
to generation of final commercial invoice to customer with all validations of credit approvals etc. along with warranty invoice and internal invoice.

This project was not only implementation of DMS for our customer but also execution of best practices and processes across their service network, which focuses on revenue improvement, enhancement on customer experience and satisfaction along with better profitability. With major objective of visibility of all information across branch operations should enable top management to take faster and effective decisions.

Despite a lot of challenges from pandemic impacting rollout, we achieved major milestone in mapping statutory requirement of each state and regions for North America, improving customer experience, focus, interface to SAP for master data and financial data, bringing better or improved experience to end users of applications, since majority of users have been using SAP for quite a long time and system was much matured with our product. From convincing our customer IT to moving to CLOUD (SAAS) for the first time with their reservation on security of data and availability of system, we were successful in implementing this product.

The implementation of this product has brought tangible and intangible benefits to our customers by improving their bottom line, increasing their revenue, implementing common process across service network, deploying best practices across network, eradicating all possible errors during operations, inducing validations at right milestone with all possible checks and controls, reducing major human intervention, removing all manual reports and KPI reports of branches, regions and complete network. With this product, our customer is able to see ROI, branches performance, product performance, challenges, scope for improvements, gaps, which will enable decision-making that includes pro-active measures and market differentiator with competition, resulting in delivering the best customer experience in industry.

Apart from this branch management and top management are able to have visibility of data and performance of each model / vehicle, customer to an extent of each service engineer utilization, realization, pro-active sales, measures taken to make vehicle on road as much as possible. All information is now available at the touch of a button and real time. Absolutely no consolidation required, no manual intervention and accurate information is available at any time. Even historical information is stored which will enable decision makers to take corrective measures to improve customer experience.

With configurable workflow, approval matrix based on team size, branch size and operation complexity give our customer edge on implementation quickly and effectively. With multiple language features, different price structure, discount structure, configurable parts and service campaigns, all possible warranty be it vehicle, component, or parts with flexibility on date, days and mileage validations makes life of branches easy and error proof product.

We thank our customer for giving us this opportunity in having confidence on us to implement this product in SaaS and also executing AM-ERP across their network. Thanks to entire management team of our customer, Project Manager, IT team, Business Team, Key users, end users who had patience and perseverance to migrate to our DMS. This product implementation would not be possible without the support of our development team, project manager, team leads, QA team, implementation team and our customer support team enabling to see this major milestone. We have long way to travel in our customer bus along with them to destination, since this is just a beginning and a lot to achieve as well. www.questinformatics.com

Santosh Kumra SIngh
Quest Informatics Private Limited
+91 94490 53553
email us here


Source: EIN Presswire

WTIA secures Special Mandate to Identify Partners & Support in the Success of the CAPUIDC Program by DR Congo President

The WTIA & CAPUIDC Collaboration Agreement

The WTIA & CAPUIDC Collaboration Agreement

The Signing in Kinshasa

The Signing in Kinshasa

The Team

The Team

CAPUIDC Logo

CAPUIDC Logo

WTIA Logo

WTIA Logo

WTIA receives Special Mandate from Philippe MALEMBA to bring partners & support in the success of the CAPUIDC program as initiated by the President of DR Congo

The purpose of this Collaboration Agreement is to determine the possibilities of a partnership and define the framework for collaboration of their effective realization”

— Philippe NGWALA MALEMBA, Special Adviser to The President

GOMBE, KINSHASA, DEMOCRATIC REPUBLIC OF THE CONGO, July 22, 2021 /EINPresswire.com/ — WTIA Chairman Keun-Young Kim and Philippe NGWALA MALEMBA, Special Advisor to the President today signed an official "Collaboration Agreement" to bring strategic partners to support the CAPUIDC in the materialization of the Integrated Emergency Community Development Program (PUIDC) as initiated by the President Democratic Republic of Congo.

The Collaboration Agreement will focus on key areas under the "Emergency Community Development Program Unit or CAPUIDC as it is called in DR Congo. some key points covered in the agreement as

(1) Amalgamate all the urgent actions of the President of the Republic intended for the rapid improvement of the living conditions of the population.
(2) Arrange high-level contacts and dialogue on behalf of the President of the Republic and mobilize donors / investors capable of working in collaboration with this specially created Unit in order to promote on a large scale the socio-economic development of grassroots communities.
(3) Corroborate the mobilization of the necessary funds at local and international level for the implementation of the Integrated Emergency Community Development Program and subsequent projects.

WTIA has a knowledge program to assist partner countries in formulating and implementing national development programs based on Korea's economic development experience said Chairman Keun-Young Kim, WTIA

The WTIA consortium is also equipped to raise necessary funds to finance the integrated emergency program of community development, who has already identified projects to be carried out in the twenty-six provinces of Democratic Republic of The Congo to boost community development. This agreement was the victory lap won by the Consortium in the almost month long stay during this visit.

WTIA proposed to support projects in
* Forest management, the establishment of local wood processing factories, access to carbon credit while taking cognizance of green energies.
* Set up mineral processing factories in the Democratic Republic of Congo to ensure added value to local economy and the artisanal miners too.
* New information and communication technologies which would notably benefit of educating young people through National Development Centers using state-of-the-art high-speed internet access provided by SMFI (a WTIA Consortium) member
* Draw up a plan to build and invest in energy using J.O.Engineering – powered by Hyundai Packaged Power Solutions and the mobilization of their specialized partners, to compensate for the energy deficit in industries and finally to light up every household across the entire country.

The purpose of this Collaboration Agreement is to determine the possibilities of a partnership and define the framework for collaboration between the parties while specifying the activities to be carried out and the practical modalities of their effective realization said Philippe NGWALA MALEMBA, Special Adviser to The President

Rohan F. Britto
WTIA Co., Ltd
+971 55 635 0635
rohan@wtia.io
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WTIA Consortium Congratulates the Great Nation of DR Congo LIVE on Bonjour 50 TV with Host Crispin.


Source: EIN Presswire

Pelagic Secures 4th Credit Transaction with Teybridge Capital- $5Million

Pelagic Resources Logo Black and White

Pelagic Resources Logo

Image of the Singapore Lion Fountain

The funding from Teybridge will be deployed in the acquisition and development of Bauba Resources' Kookfontein platinum/ chrome mine.

The acquisition of the Kookfontein project is a historical moment for Pelagic, as it is expected to triple our chrome trading volumes, as well as make a dynamic entry into the world of PGM trading””

— Dinos Demetriades

SINGAPORE, July 21, 2021 /EINPresswire.com/ — Singapore-based physical commodities trading outfit, Pelagic Resources ("Pelagic") is pleased to announce that it has closed its 4th Credit transaction with Teybridge Capital ("Teybridge") for $5million. Prior credit facilities with Teybridge were concluded in December 2020 ($10 million), July 2020 ($5 million) and in April 2020 ($5 million), bringing the total loan facility received from Teybridge to $20 million.

The credit facility offered by Teybridge will assist Pelagic with the development of its Kookfontein chrome project in which it holds a 23% stake. The interest in the mine was concluded earlier this year when Pelagic acquired 23% of parent company Bauba Resources for ZAR35 million. The Kookfontein chrome mine is seen as a transformative investment for the company as it provides Pelagic with an evergreen chrome ore supply contract and increases Pelagic's chrome ore capacity three-fold by volume.

When asked what qualities Teybridge saw in the Pelagic group that made them want to partner with the trading firm, Eric Finaughty, director of Teybridge had this to say:

'Tom Baring runs a sound business with an excellent management and operations team. Has a keen understanding of a funder’s credit risk concerns and “partners” with the funder. We like Pelagic’s strategy, encouraged by the milestones achieved to date and are proud to be part of its growth and success.'

____________________________________________________________________________________________________________________________________________________________
About Pelagic Resources

Since its inception in 2016, Singapore-based, Pelagic Resources, has built a reputation for being able to source, manage and trade physical commodities. Today Pelagic trades both chrome and manganese with direct interest in vanadium, chrome and manganese mines.

In a relatively short time, Pelagic has managed to build a successful track record underpinned by key partnerships it has successfully cultivated with suppliers, banks, international trading firms, state owned enterprises and end-users internationally. To date the firm has marketed over 1 million tonnes of chrome concentrate to global end users. Pelagic has offices in key jurisdictions including South Africa, Zimbabwe and China.

About Teybrdge Capital

Teybridge Capital (BVI) Ltd (“Teybridge”) is a British Virgin Island domiciled focussed on the provision and facilitation of working capital solutions for international trade to its global client base. The company specialises in providing $1m-20m loan facilities at an affordable cost. Teybridge prides itself in being able to deliver non-correlated investment returns to investors through a strategy focused on shorter term opportunities in commodity-based and general trade transactions.

Dinos Demetriades
Pelagic Resources
6978 4631
info@pelagicresources.com
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Source: EIN Presswire