AIC hits top gear

Australian International Carbon Limited (AIC) has completed the relocation and upgrade of its activated carbon processing plant and moved to full production. AIC managing director Robert Brand said the plant, located at Muchea, 60 kilometres north of Perth, is performing to design capacity of 3,000 tonnes per annum.

AIC reported an operating loss for the period to December 31 of $531,022 which included an abnormal item of $101,575 for prospectus costs and a trading loss of $429,447. This was as a result of a hold up of parts to undertake refurbishment of the mill, with consequent delays in fulfilling orders.

The directors expect the company to trade profitably for the period to June 30.

The upgraded Muchea plant has the ability to produce specific grades of activated carbon with properties suitable for individual customers’ requirements. Activated carbon is used for its adsorbent properties in a range of industrial and environmental applications.

AIC sources its product from Collie coal which is particularly suited to the production of high quality activated carbon.

Mr Brand said the company has received its first order from the US and that demand for the product was highly encouraging.