Everest Metals announces that it has secured A$150,000 in funding from the Minerals Research Institute of Western Australia (MRIWA) to advance rubidium extraction at its Mt Edon Critical Minerals Project in Western Australia (WA).
Rubidium is a critical raw material with applications in high-tech sectors.
The support has been enabled through Mining, Equipment, Technology and Services Innovation Programme, an initiative by MRIWA to convert research into practical, commercial solutions.
Everest Metals aims to transition from laboratory-scale experimentation to full-scale commercial pilot operations, according to Mining-technology.
Everest Metals executive chairman and CEO Mark Caruso said, as quoted by Mining-technology: “We are grateful to the Western Australian Government for supporting and endorsing the development of what will be an Australian first for the rubidium industry and are excited to continue these programmes in collaboration with Edith Cowan University, our research partner.
“Our focus will be to continue the development of both technological and commercial advancements, relating to efficient extraction and refining techniques, resulting in a potential saleable rubidium product.”
