HUDSON RESOURCES INC. (the "Company") - is pleased to announce the completion of a successful trial test with Owens Corning of the White Mountain calcium feldspar anorthosite in a production E-Glass fiberglass furnace.
Hudson and Owens Corning are working together to evaluate the application of the White Mountain anorthosite as a significant input material for the production of E-Glass fiberglass.
"The successful application of the White Mountain anorthosite in a commercial glass fiber furnace is a significant milestone for our Company," stated James Tuer, President of Hudson. "We are excited to be working with Owens Corning, who are not only the inventors of fiberglass but also the industry leaders in fiberglass manufacturing and innovation. We look forward to continuing to work with Owens Corning to put the material to use commercially."
Owens Corning (NYSE: OC) is a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems. A Fortune® 500 company for 60 consecutive years and in business for more than 75 years, Owens Corning is a market-leading innovator of glass-fiber technology with sales of $5.3 billion in 2013 and about 15,000 employees in 27 countries.
The White Mountain Anorthosite project is 100% owned by Hudson. The anorthosite has three potential high-value applications which are being investigated, as follows:
- A new source of feedstock to the high end fiberglass (E-glass) industry
- A new source of filler and coating material used extensively by the plastics, paints and paper industries
- A new source of alumina to supply aluminum smelters
The Company has initiated the White Mountain mine licensing process in Greenland with the submission of the engineering study, the Environmental Impact Assessment and the Social Impact Assessment to the Government of Greenland's Mineral Licence and Safety Authority.
ON BEHALF OF THE BOARD OF DIRECTORS
James Tuer, President