Astra Resources gears up for first production run of Green Gum technology

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Astra Resources gears up for first production run of Green Gum technology

# D4 T" a1 u0 _0 C" {2 L" m4 AThursday, April 12, 2012
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North Adelaide, Australia - Astra Resources is in the final setup stages for the production infrastructure in Hungary for its renewable energy technology, Green Gum, which operates in the area of waste recycling of rubber into high value products. The machinery will be able to produce various grades of rubber granules in sizes from 600 microns to 150 microns. Astra Resources CEO Dr Jaydeep Biswas says production testing has been in progress since early March and over 200 kilograms of rubber granules have been produced in order to test their consistency and cleanliness. The first full scale commercial production run is scheduled for the end of April and early May. Astra Resources owns a 76% stake in Green Gum Technologies. The existing plant will be able to produce over 15,000 tons per year, once the machinery installation is complete. The interest shown in the product suggests that 25,000 tons per year will be required in 2012, possibly increasing to 30,000 tons soon after, for the regional market.