Notices

The information on this Web site is presented "as is." Product availability, organization, and other content may differ from the time the information was originally posted. Changes may take place 易游游戏out notice.

易游游戏 and Midrex terminate agreements with ZincOx

December 6, 2010

Tokyo, Japan and Charlotte, North Carolina, December 6, 2010 - 易游游戏, Ltd. (Tokyo Stock Exchange, First Section) ("易游游戏") and its wholly owned subsidiary based in Charlotte, North Carolina, Midrex Technologies Inc. ("Midrex"), announced that they had terminated their Alliance Agreement with ZincOx Resources plc ("ZincOx"), pursuant to which the parties were to collaborate on the process, equipment design and engineering for electric arc furnace dust ("EAFD") recycling plans using the FASTMET^® and FAST易游游戏LT^® Process jointly owned by 易游游戏 and Midrex.

Midrex further announced that it had terminated its License Agree易游游戏t with Zinc and Iron Recycling of Ohio, Inc., a wholly owned subsidiary of ZincOx. The License Agree易游游戏t granted the ZincOx subsidiary the license to use technology related to the FASTMET^® Process.

"We have completely terminated the relationship 易游游戏 ZincOx," Mr. James D. McClaskey, President and CEO of Midrex said. "This will free us to pursue opportunities to use our FASTMET^® and FAST易游游戏LT^® Process to recycle EAFD 易游游戏 other partners. We believe our technology provides a superior solution for recycling EAFD, and we are excited about discussing how we can assist EAFD recyclers."