was wondering what was cooking, found this on the bussiness news,From the C E O sounds like hes out spruiking his wares O.S
: Ignore these alloys and you might as well deliver your regrets right now:
¡öSpecialty or miners¡¯ metals are melting up ¨C and they can take the heat. ¡°Rhenium has a melting point of 3,100 Celsius,¡± mineralogist and CEO Peter Reeve of Ivanhoe Australia tells me today (Monday). ¡°It stays ductile at that high heat and probably resists oxidizing better than almost any other metal.¡± Reeve and recent IPO Ivanhoe Australia (IVA in Australia) are atop what they say is a massive molybdenum and rhenium discovery down under. Reeve is just back from an Istanbul conference on miners¡¯ metals. ¡°The theme was how applications are accelerating. Big planes getting bigger. Jet engines getting faster, hotter. Reactors becoming massive. Lighter, stronger pipelines,¡± says Reeve. ¡°Alloys, mate.¡± The talk of the Turkey conference, says CEO Reeve, included lithium, rhenium, titanium, molybdenum and cobalt.
IVA Price at posting:
$2.23 Sentiment: Buy Disclosure: Held