I've been burned by new technology in Mining Sector...I've been burned by new technologies in the mining space. Some of them may still end up being viable, but the controling party is out of time/money. I saw it in coal bruquettng to squeeze out moisture and bad things like sulphur, I've seen it in uranium, a process at the mine stite that separates 90% of the ore that has the uranium in it with just 10% of the mass remaning to be shipped to a mill.
I've seen it in a private company working on keorgen bearing oil shale, actual rocks that are crakced to release oil. And, recylcing company that pulls out the PGMs in used catalytic converters. {sorry for spelling errors}
MRT is definetly more scalable than these others and MRT will not lack for funding. All of the above examples were not technolgies already used at commercial scale. See below...
IBC specializes in MRT, utilizing green chemistry to achieve highly selective separations of metal ions in complex matrices. Based on Nobel Prize-winning technology (1987), IBC’s proprietary products and processes are used worldwide by premier metals refining and mining companies such as Tanaka Kikinzoku K.K. (Japan), Asarco Grupo Mexico (USA), Impala Platinum Ltd. (South Africa), and Sino Platinum (China). The Japanese Government (Mitsubishi Research, Inc.) recently awarded to IBC a highly competitive subsidy grant, “Demonstration Project for Seawater Purification Technologies”, concerning the selective separation of the radionuclides strontium and cesium from contaminated seawater at Fukushima, Japan.