Mount Ridley Mines Patents SelectroTM Process
Key points
- Provisional patent application filed for SelectroTM Process
- Recoveries up to 83% for HREE, 80% for scandium, 72% for LREE, and 56% for gallium
- Company retains full ownership of the technology
Full summary
Mount Ridley Mines Ltd (ASX: MRD) announced the filing of a provisional patent application for its proprietary SelectroTM leach technology, developed over a decade. The SelectroTM Process demonstrated significant recoveries of up to 83% for heavy rare earth elements (HREE), 80% for scandium, 72% for light rare earth elements (LREE), and 56% for gallium, significantly outperforming the HCl baseline. The Company has initiated a bulk testwork program to optimize the process further. This patent filing secures a priority date and provides a pathway for overseas patent protection. The Company plans to advance discussions with third parties for commercialization opportunities.
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