-- RZOLV Technologies (RZL.V) announced Monday a strategic partnership with EMEW Clean Technologies Pty Ltd. to jointly pursue the development and commercialization of integrated process solutions for the extraction and recovery of precious and critical metals from primary and secondary concentrates.
"This partnership brings together RZOLV's upstream non-cyanide extraction chemistry and EMEW's downstream high-purity metal recovery systems to create an integrated platform for higher-value, cleaner recovery of precious and critical metals from difficult primary and secondary feedstocks," said the company in a statement.
The company said EMEW provides a global base of clients and marketing channels to accelerate this initiative, with offices and facilities in Australia, Canada, India, Ireland, Dubai, and Mexico. Based on the terms of the March 30 agreement, the companies expect the partnership to focus initially on evaluating opportunities in precious-metal concentrates, mining solutions, tailings reprocessing and select secondary feedstocks, including recycling streams where RZOLV's extraction capabilities and EMEW's metal-recovery technologies "may be particularly complementary."
Shares of the company were last seen down 2% at $0.48 on the TSX Venture Exchange.