-Efforts should reduce costs and environmental impact of phosphate concentrate transportation
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC (USA)
SAGUENAY, QC, March 6, 2018 /CNW Telbec/ – Arianne Phosphate (the “Company” or “Arianne”) (TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region is proud to announce the start of research and development work to integrate aluminum in the design of the trailer that will transport the phosphate concentrate from the Lac à Paul mine to the deep-water port that will be located in Sainte-Rose-du-Nord. The work will be done by the National Research Council of Canada (NRC) and Alcoa Innovation. In order to carry out this major work, Arianne will be able to rely on confirmed financial support from the Centre québécois de recherche et de développement de l’aluminium (CQRDA) and the Société de la vallée de l’aluminium.
Through this effort, Arianne and its partners believe that they will be able to reduce the weight of the transport trucks and allow for a greater payload per run. Once integrated, this will result in fewer trucks on the road; increasing safety and reducing the overall environmental impact. This effort will also bring about greater economies of scale, resulting in a reduction in the cost of Arianne’s shipborne phosphate concentrate.
“We are very pleased to be able to launch this phase of research and development for the trailer design with partners as qualified as NRC and Alcoa Innovation. In addition, we can count on valuable financial support from two regional partners, demonstrating the ongoing willingness of stakeholders to see the project move forward. This phase of research and development will be done in conjunction with our designated carrier, Groupe Alfred Boivin, which brings its valuable transportation expertise to the table. We believe that incorporating aluminum into the trailer will result in substantial cost savings over the mine’s lifespan and reduce our greenhouse gas emissions”, stated Jean-Sébastien David, Arianne Phosphate’s Chief Operating Officer.
Along with this initiative, Arianne continues to work closely with numerous groups to advance and optimize its Lac à Paul project. Already seen as one of the world’s largest and cost competitive phosphate developments, the Company continues to look at ways to streamline its project and bring about further reductions in both its environmental footprint and costs.
