MTM Important Metals Restricted (ASX:MTM) (MTM or the Firm) has began testing on the finished FJH prototype in Houston, Texas, following the shut of the acquisition of Flash Metals Pty Ltd (Flash) and FJ Processing Pty Ltd (FJP).
HIGHLIGHTS:
- Flash Joule Heating (FJH) prototype development accomplished and testing has commenced for the restoration of important metals corresponding to REE, lithium and cobalt from a spread of waste materials
- World give attention to provide chains and the sustainable sourcing of important supplies offers a chance for the event of superior expertise corresponding to FJH
- FJH expertise was developed by William Marsh Rice College (Rice), a distinguished industrial expertise analysis establishment primarily based in Houston, Texas with MTM securing the choice for a worldwide licencing settlement through the acquisition of Flash Metals Pty Ltd
- Ongoing take a look at outcomes will present technical and efficiency knowledge for MTM to progress in the direction of a pilot scale FJH plant opening channels to check waste materials from potential business companions
- Development of the FJH expertise enhances MTM’s development of a portfolio of uncommon earth and demanding mineral exploration belongings throughout Australia and Canada
FJH is a sophisticated processing and recycling expertise being developed to extract important metals together with REE, titanium, nickel, cobalt and lithium from waste materials together with lithium-ion batteries, eWaste, coal fly ash (CFA) produced by coal-fired energy stations or bauxite residue (crimson mud) derived from alumina refining.
The FJH protype unit was designed and fabricated by KnightHawk Engineering (KnightHawk) in Houston, Texas and verified in session with the developer of the expertise, William Marsh Rice College (Rice) a distinguished industrial expertise analysis establishment additionally primarily based in Houston. MTM secured an choice to licence the FJH expertise through its latest acquisition of Flash Metals Pty Ltd (Flash) and FJ Processing Pty Ltd (FJP).
Thus far roughly $1.5 million has been invested on the design and growth of a prototype unit by FJP to progress the size up and commercialisation of the FJH expertise.
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