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Saville Resources Announces Participation in Zoom with Zimtu Investor Presentation Featuring the Fluorspar Market
VANCOUVER, BC / ACCESSWIRE / January 19, 2021 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) (...
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[{"type":"text","content":"Saville Resources Announces Participation in Zoom with Zimtu Investor Presentation Featuring the Fluorspar MarketVANCOUVER, BC / ACCESSWIRE / January 19, 2021 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) (the \"Company\") is pleased to announce that President and CEO Mike Hodge will participate in the first Zoom with Zimtu investor presentation for 2021 featuring the fluorspar market on Wednesday January 20th.Fluorspar (also called fluorite) is the mineral form of calcium fluoride, CaF2. An important industrial mineral, fluorspar is considered a critical mineral by the European Union and the United States. Critical minerals are metals and non-metals that are considered vital for the economic well-being of the world's major and emerging economies, yet whose supply may be at risk due to geological scarcity, geopolitical issues, trade policy or other factors.Fluorspar is an essential raw material to the steel, aluminum, pharma and chemical industries in two marketable products: acid spar grade and met spar grade. The price of fluorspar has increased over 500% in the past 20 years likely because fluorspar cannot be recycled and must be continuously mined. Today the market is in a state of flux, because in 2018 China, until that year the world's largest producer of fluorspar, became a net fluorspar importer for the first time, mainly because Chinese industrial users consume most of China's domestic production for steel production.To participate in Wednesday's Zoom with Zimtu investor presentation featuring the fluorspar market please note the following:Date: Wednesday January 20th, 2021Start time: 10:00 AM PST (Vancouver) / 1:00 PM EST (Toronto) / 7:00 PM CET (Frankfurt)Where: Virtually via Zoom Video ConferencingZoom video link to join: https://us02web.zoom.us/j/81216258103Wednesday's Zoom with Zimtu presentation will also feature Stephan Bogner from Rockstone Research who will begin the presentation with a discussion of the current state of the fluorspar market. Rockstone Research specializes in the analysis of capital markets and publicly listed companies. Also presenting will be representatives from Ares Strategic Mining Inc. and Commerce Resources Corp.About Saville Resources Inc. The Company's principal asset is the Niobium Claim Group Property, currently under Earn-In Agreement from Commerce Resources Corp. for up to a 75% int...