Quay Magnesium Limited (ASX: QMG)(PNK: QYMGF) is pleased to announce it has signed a second Heads of Agreement with a major Chinese magnesium products producer to form a new Foreign Joint Venture (JV) company. The Chinese partner company is a long established manufacturer of pure magnesium and produces a range of magnesium products including magnesium automotive die castings and extrusions.
Riversdale Mining Limited (ASX: RIV)(PINK:RFLMF) is pleased to announce the expansion of Coal Resources in one of its Exploration Licences, the Benga licence, near Tete in Mozambique. This licence is held in joint venture with Tata Steel Ltd of India. This announcement follows several months of exploration and drilling by Riversdale since the last release in November 2007. The Benga licence covers an area of 4,560 hectares and represents less than 2% of the Company's total tenement areas which comprise 23 licences in Mozambique with an area exceeding 290,000 hectares.
Defence technology company Metal Storm Limited (ASX: MST)(NASDAQ: MTSX) has completed further live fire trials of its 3GL 40mm three shot grenade launcher mounted to an M16 assault rifle. The trials were designed to provide baseline data for the 3GL and munition-enhancement program.
ASF Group Limited (ASX: AFA) is pleased to announce that it has signed a Co-operation Framework Agreement with Tianjin Binhai High-Tech Industrial Park where ASF has the right to invest and develop an Australian Science and Technology Park within the Tianjin Binhai High-Tech Industrial Park.
Stirling Products (ASX: STI) advises that its North American wholly-owned subsidiary, Stirling Products North America Inc (STI-NA), has now signed a lease agreement to become the cornerstone tenant in Prince Edward Island's newest commercial BioScience Park facility. STI-NA has signed the lease agreement within the new state of the art two storey 50,000 square foot bio facility.
Hastie Group Limited (ASX: HST), Australasia's leading building services and refrigeration systems group, today announced the expansion of its commercial hydraulics business to Queensland through the acquisition of Beavis & Bartels and GTS Plumbing.
Ceramic Fuel Cells Limited ("CFCL"), a global leader in fuel cell development, has shipped a NetGenPlusTM unit to its utility partner EWE as part of its agreement to develop micro-combined heat and power (m-CHP) products for Germany.
