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BacTech Environmental Growing Plans to Expand IP and Commercial Bioleaching Applications Development

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BacTech Environmental Growing Plans to Expand IP and Commercial Bioleaching Applications Development

 

 

 

 

 

BacTech Environmental , a commercially proven environmental technology company delivering effective bio-mining metal recovery and eco-friendly remediation solutions, recently announced strategic growth plans to help accelerate the creation of new intellectual property being developed to pursue different commercial bioleaching opportunities.

 

BacTech’s technology, known as bioleaching, uses naturally-occurring bacteria to neutralize toxic mining sites and allows for environmentally-friendly processing in the mining industry.

 

As demand for greater environmental responsibility across the mining sector increases, interest in using natural bacteria in a wider variety of commercial applications to extract valuable metals is also accelerating. Outside of the gold industry, BacTech sees a new generation of metallurgical opportunities emerging, each with significant upside potential.

 

The electric vehicle (EV) battery market is a high-stakes area where both mining companies and auto manufacturers alike have a vested interest in extracting and sourcing valuable metals such as cobalt, nickel, lithium and manganese with minimal environmental impact and favourable process economics. And with EV batteries comprising up to one-third of an electric vehicle’s overall cost, in a market worth tens of billions of dollars, manufacturers will continue to watch, compete for, and keep these metal commodities in high demand for years to come. Mining technologies that are designed to provide economic, environmental, and social benefits to resource companies, customers, and stakeholders, occupy a far better position than those that do not.

 

BacTech is planning to build its new owner-operated 50 ton per day bioleaching facility in Ecuador. Capable of treating high gold-arsenic material. A 50 tonnes per day plant, processing 1.5 ounces of gold per tonne of feed would produce approximately 26,000 ounces per year. Plant designs are modular and can be expanded without affecting ongoing production. A feasibility study for the bioleaching facility is nearing completion and expected to be released shortly. BacTech also continues to investigate the prospects of establishing additional modern mining operations across other areas of Ecuador, Peru, Colombia, and Central America. Where possible, the Company will partner with national and local governments, non-governmental organizations (NGOs), and others to assist with the funding of these projects.

 

Courtesy of Green Stock News

Posted December 10, 2021

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