White Mountain Titanium Corp. (WMTM.OB) to License New Breakthrough Titanium Processing Technology
White Mountain Titanium Corp., www.wmtcorp.com – owner of the Cerro Blanco rutile deposit in Region III of Northern Chile, a huge source of premium grade titanium dioxide (TiO2) concentrate for the paint and pigment markets, reported signing a Letter of Intent (L/I) to license the Chinuka Process, a new titanium metal technology. The Company, along with Sociedad Contractual Minera White Mountain Titanium (SCM-WMT; a WMTM wholly-owned Chilean subsidiary), La Serena Technologies Ltd., and Chinuka Limited plc, have entered into this L/I to license the Chinuka-developed process realized under the direction of University of Cambridge Professor and Director of Research, Materials…