Another potential license user of our tech is Cionvec, a JV between ASX:EMH(49%) and CEZ (51%) a Utility company with zinnwaldite reserve reputed to be the 4th largest hard rock reserve located in the Czech Republic. They have developed and are using a locked cycle process incorporating ion exchange resins which can be recycled. It appears they will discard the Caesium and Rubidium as waste.
Our process would be way cheaper than using ion exchange resins that have a limit to the number of cycles plus our by product stream would offset the opex. It would appear that our licence deal with Cornish is being fast tracked with substantial assistance from Strategic Metallurgy to have their pilot plant operating asap. This would prove that our tech works on scale with zinnwaldite.
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