New tech to help critical metals produciton, recycling
The technology exploits the fact that individual metals have affinities for different electrical currents, called reduction potentials. Manipulating a current, therefore, allows the extraction of various metals, which can be a sequential process. The result is a production-grade feedstock, like nickel MHP, with higher payable metal and lower waste content.
Nth Cycle is building its first commercial plant in Fairfield, Ohio, US, with a capacity to produce 3000tpa, which it aims to have up and running before year-end. The company, backed by Clean Energy Ventures, VoLo Earth Ventures, Mercurio and Equinor, subsequently aims to roll it out to the recycling and mining sectors, with different commercialisation models for each, reflecting their specific characteristics.
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