SIOX

Siox develops a simple low-cost process for acquiring manufacturing high purity synthetic magnetite. Magnetite is one of three common naturally occurring iron oxides and is the most magnetic of all the naturally occurring minerals on earth. Applications for magnetite include, but are not limited to, automotive brakes, batteries, fertilizer, and paints. The Company will be working closely with the National Energy Technology Laboratory (NETL) in Morgantown to develop the manufacturing process.