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ACLP

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AcronymDefinition
ACLPAbove Core Load Pad (fuel assembly)

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Notwithstanding the recommendation to continue testing by the independent process research consultants Ortech and CSIRO, the Company made the business decision that further expenditures on the ACLP at this time were not in the Company's best interest and that it would use its resources more effectively and economically by investigating an existing and proven pyrometallurgical process.
Based on the results of two years of extensive research including three pilot test runs on Sechol ore samples, as well as third party validation, the Company has decided to defer further development work at this time on ACLP after it determined the process is not economical for the high magnesium Sechol nickel laterites.
This confirms a key and fundamental feature of the ACLP and indicates that the secondary iron purification circuit included in the original scoping study carried out by Hatch Ltd.
 
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