Home > News > New rare material fuels AMR stock rise
February 10th, 2004
New rare material fuels AMR stock rise
Abstract:
AMR Technologies Inc. has developed a rare earth material that could be a significant future revenue source, news that sent the shares of the Toronto technology firm up 38 per cent in trading yesterday. In a news release that was short on details yesterday, AMR said its new material, developed from cerium oxide, may have "significant implications" for a global consumer product. The material is "nano-sized," matter, one-billionth of a metre in size that is manipulated on a molecular level.
Source:
Globe and Mail
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