First published in Cleantech magazine, October 2010. Copyright Cleantech Investor Ltd 2010
By Andrew Hore
Andrew Woollett has had a tough few years. Not only did the ZincOx Resources Executive Chairman have to endure a number of disappointments as he tried to launch his first waste zinc recycling facility, he also had to fight off an attempt by rebel shareholders to remove him, and five of his colleagues, from the board earlier this year. The existing board won the vote easily at the general meeting, which was not even attended by the investors who had requisitioned the meeting.
After a number of false starts in the US and Turkey, it now appears that ZincOx will finally get its recycling operations up and running with the construction of its first recycling plant in South Korea. The basic technology being used by the company is proven. The operation takes waste from blast furnaces, processes it and produces zinc oxide. Iron can also be extracted at high temperatures.

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