AMCARO Mineral Ltd

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Information about AMCARO Mineral Ltd

Published on October 22, 2007

Author: Mertice


AMCARO Mineral Ltd.:  AMCARO Mineral Ltd. Barium Sulfate Mine Barium:  Barium Barium is a chemical element. It has the symbol Ba, and atomic number 56 Barium is a soft silvery metallic alkaline earth metal Barium is never found in nature in its pure form due to its reactivity to air The most common naturally occurring mineral is the very insoluble barium sulfate, BaSO4. AMCARO Mineral Ltd mines barium sulfate, BaSO4 Barium Sulfate, BaSO4 How is Barium Metal Produced from BaSO4?:  How is Barium Metal Produced from BaSO4? Industrial production of barium metal is the electrolysis of molten barium chloride BaSO4 is reduced by graphite carbon to barium sulphide in a blast furnace. This reacts with calcium chloride to form barium chloride, which is much easier to melt than barium sulphate Lastly, electrolysis on molten BaCI2 to retrive molten barium and chlorine gas Barium –Uses:  Barium –Uses Barium metal oxidizes very easily when exposed to air and is highly reactive with water or alcohol, producing hydrogen gas Barite (BaSO4) is extremely important to the petroleum industry, is used in drilling mud, a weighting agent in drilling new oil wells Barium sulfate is also a good X-ray absorber, used in X-ray diagnostic work for obtaining images of the digestive system ("barium meals" and "barium enemas") Barium is used in root canal filling Barium carbonate is used in glass making Barium, an alloy with nickel is used in spark plug wire Barium oxide is used in a coating for the electrodes of fluorescent lamps, which facilitates the release of electrons Because barite significantly blocks X-ray and gamma-ray emissions, it is used as aggregate in high-density concrete for radiation shielding around X-ray units in hospitals, nuclear power-plants, and university nuclear research facilities Barium – Uses continued:  Barium – Uses continued Barium titanate was proposed in 2007 to be used in next generation battery technology for electric cars Barium nitrate and chlorate give green colors in fireworks Barium sulfate mixture is used as white pigment for paints, it replaced white lead paint Barium carbonate is a useful rat poison and can also be used for making bricks Barite is used extensively in rubber production High purity [barium nitrate] powder is reported to be a key component of new capacitor energy storage systems being developed by EEStor for use in electric vehicles Barium peroxide can be used as a catalyst to start an aluminothermy reaction when welding rail tracks together, it can also be used in green tracer ammunition Barium is used in brake lining, acoustic foams powder coating Barium Sulfate Mine:  National Mining Registry Code – HHGJ-04 Located in Colombia 300 Miles to the port in Cartagena Barium Sulfate Mine Port Mine Location AMCARO Mineral Ltd.:  AMCARO Mineral Ltd. Limited Liability Company – Owner of the Mine 3 EQUAL Partners, Amin Marv, Enrique Carlier Rujana, and Franciso Rojas Torres Enrique has been the lead engineer for 20 years and has been operating on his own with limited funds Amin and Franciso became his partner on July 13, 2007, purchasing 50,000 shares each of the mine to provide funding for near term Franciso has 10 years experience in the shipping and trucking business, is native Colombian descent, and lives in the U.S.A. Amin Marv is taking an active lead on raising more capital and is responsible for global sales Currently in the process of valuing the assets and production capacity of the mine – awaiting a new environmental report Location as a Competitive Advantage:  Location as a Competitive Advantage Most U.S.A. Imports come into Texas through the Gulf of Mexico - Colombia is 1/5 the distance of China and does not have to use Panama Canal Panama Canal China Texas Colombia Opportunity:  Opportunity Fueled by the dramatic increase in oil and gas prices, the increase in U.S.A. exploration of Barite has increased more than 70% in the past 3 years China is the lead exporter of barite and for many years been the low-cost supplier in worlds markets (89% of exports) Chinese prices have risen by 40% and other Asian exporters have rose similarly The factors that pushed up Chinese prices were high ocean freights, port congestion, problems with internal freight logistics, high access costs to the Panama Canal if shipping to the Gulf of Mexico or Atlantic Ocean, and the lowering of the tax rebate on Barite exports AMCARO Mineral Ltd has a short distance to the U.S.A. and has an advantage of shipping costs compared to China. Gross Revenue Estimates:  Gross Revenue Estimates Loan Needed - Estimate:  Loan Needed - Estimate

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