South Australian mineral extraction company Envirominerals Limited have received a $33,000 innovation grant to further develop and commercialise their technology.
The grant is part of the South Australian State Government's Innovation Voucher program, which supports collaboration between businesses and researchers to develop innovative products.
In this case, Environminerals Limited will be paired with the University of South Australia.
Andrew Graham, Chief Technical Officer of Environminerals Limited, said their core innovation refines electroextraction, the process of extracting multiple minerals such as copper, gold, silver, palladium, platinum, zinc, tin and others.
"The new technology will allow mineral extraction companies to recover virtually all of the target minerals, whilst reducing energy costs by up to 70 per cent, depending on the application," he said.
"Working with researchers from the University of South Australia will enable us to quantify our research and production models. This is a unique solution and represents a major technological advance in the electroextraction industry."
South Australia’s Chief Scientist, Professor Don Bursill, said innovation vouchers improve the State’s research capabilities and encourage greater collaboration in areas of importance to South Australia.
“For our State to prosper, we need to support partnerships between researchers and industry to increase opportunities to develop new products and services and innovative solutions,” Professor Bursill said.