The chemistry is proven. What we build now is to demonstrate the economics at commercial scale.
More than five years of development sit behind this, with the core chemistry independently validated by the University of Edinburgh and the Materials Processing Institute.
Five raw material pathways, each a commercial lane in its own right. A licensee in one pathway does not foreclose the next.
High-purity iron powder direct from ores. Large global market for steel production with growing higher value markets.
High-purity manganese powder direct from ores. Important product for steel making with growing higher value market for battery and EV supply chains.
Alumina, iron, lime, titania and concentrated REEs all delivered with minimum waste, low energy cost and minimal CO₂. No more red mud liability.
Low-carbon lime made alongside iron, with liberated CO₂ captured into saleable product. The same process can be used to produce magnesium oxide from dolomite as a purification step to the metal.
Alumina, iron, lime, titania and concentrated REEs all delivered from bauxite red mud processing. Carryover metals can be captured from iron and manganese processing tailings.
An average blast furnace plant processes 1.5 million tonnes of iron ore a year. For every pathway, the scale that matters commercially is roughly a tenth of an average furnace or refinery, which is small enough to build quickly and finance without a mega-project, but in all cases still less than 100th of 1% of annual production.
We enter where we can deliver positive change. In each case there is an existing owner, an existing workforce, and a problem someone is already paying to manage.
Strategically important assets brought back into production on sites that still have power, water and rail.
Stored residue turned into product, on ground the owner already holds.
Licensing to established producers who deploy it on their own sites and ore bodies.
From front-end engineering design to first revenue, in four stages.
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At least one front-end engineering design kicked off before the end of the year.
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The pilot programme with future proofing R&D focussed on waste heat recovery optimisation, salt electrolysis and chemical systems of control.
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A demonstration plant in production, at the scale that matters to licensees.
Royalty revenue as licences are granted across geographies and product lines, including demonstration plants.
Sodium reduction should be how the world turns ore and industrial waste into metal. We intend to license into steel, cement and aluminium sectors at that scale.
We work with steelmakers, cement producers, miners, alumina refiners and governments across the UK, EU, Australia and the Caribbean.
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