Sparton Energy Inc, a wholly-owned subsidiary of Sparton Resources Inc of Canada, has won the World Finance award for Best Clean Tech Company of the Year, 2010, Asia.
Sparton Energy is the only foreign company in the world that can legally produce uranium from any source in China. This unique status is thanks to Sparton Resources' Environmental Remediation System - a method of economically removing uranium from radioactive coal ash and other forms of waste. In bestowing Sparton Energy with this award, World Finance is recognising the company's strong contribution to the energy sector and economy of China, as well as its excellent work in mitigating the hazards of this important fuel source.
Accepting the award at the London Stock Exchange, Lee Barker, the President and CEO of Sparton Resources, thanked all the people who had worked hard to develop its waste recovery technology, including the China National Nuclear Corporation, with which Sparton Energy first developed the research and technology that led to the current joint venture.
Source:www.prnewswire.co.uk
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