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MEI Online: Biotechnology: Latest News: February 8th 2005


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:: Outokumpu Technology Starts Marketing Titan's BioHeapTM Leaching Technology

Outokumpu Technology, a leading supplier of plants for the minerals and metals industries, will start marketing the BioHeapTM bacterial leaching technology of Pacific Ore Limited. The alliance agreement between Outokumpu Technology and Titan Resources Limited, the owner of Pacific Ore Limited, was signed today.

The BioHeapTM technology complements Outokumpu Technology's expertise in extraction of base metals from sulphide ores - including bio hydrometallurgy. The BioHeapTM leaching process combined with Outokumpu's ion-exchange, solvent-extraction/electrowinning and other down stream hydrometallurgical proprietary technologies can significantly reduce the capital and operating costs. This will facilitate the production of base metals at competitive costs especially from low-grade deposits that otherwise would not be viable using traditional metallurgical processes. BioHeapô has substantial environmental benefits in the form of minimal pollution and low energy consumption.

Pacific Ore Limited is a UK based, newly formed holding company for the proprietary BioHeapTM leaching technology. Titan Resources Limited, a mining and mineral exploration company based in Western Australia, is the major shareholder of Pacific Ore Limited. Outokumpu Technology will participate as a minority shareholder in the company.




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