9th Jun 2016 12:51
LONDON (Alliance News) - Alexander Mining PLC Thursday said its subsidiary MetaLeach Ltd has been granted a patent for a method of oxidative leaching of molybdenum, related to its MoReLeach technology.
This patent will remain in force until March 3 2031. The patent describes a method of leading molybendum and or rhenium from a sulfide ore and or concentrate.
The MoReLeach process is a sister technology to Alexander Mining's HyperLeach technology, and is used on molybdenum-bearing ores, concentrates and flotation tailings.
Shares in Alexander Mining were up 27% at 0.130 pence Thursday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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