{"id":6059,"date":"2023-03-27T05:30:00","date_gmt":"2023-03-27T05:30:00","guid":{"rendered":"https:\/\/investors.eurobatteryminerals.com\/press-releases\/new-ground-breaking-method-allows-nearly-100-recovery-of-rees-in-fetsjoen\/"},"modified":"2023-03-27T14:23:27","modified_gmt":"2023-03-27T12:23:27","slug":"new-ground-breaking-method-allows-nearly-100-recovery-of-rees-in-fetsjoen","status":"publish","type":"post","link":"https:\/\/investors.eurobatteryminerals.com\/en\/press-releases\/new-ground-breaking-method-allows-nearly-100-recovery-of-rees-in-fetsjoen\/","title":{"rendered":"New ground-breaking method allows nearly 100% recovery of REEs in Fetsj\u00f6n"},"content":{"rendered":"\n<p><strong>Stockholm, 27 March 2023<\/strong>&nbsp;\u2013 The mining company Eurobattery Minerals AB (Nordic Growth Market: &#8220;<a href=\"https:\/\/www.ngm.se\/en\/our-companies\/eurobattery-minerals-ab\" target=\"_blank\" rel=\"nofollow noopener\">BAT<\/a>&#8221; and B\u00f6rse Stuttgart: &#8220;<a href=\"https:\/\/www.boerse-stuttgart.de\/de-de\/produkte\/aktien\/stuttgart\/a2pg12-eurobattery-minerals-ab\" target=\"_blank\" rel=\"nofollow noopener\">EBM<\/a>&#8220;; in short: &#8220;EBM&#8221;, &#8220;Eurobattery&#8221; or &#8220;the Company&#8221;) received the first results from the research partnership with Uppsala University in collaboration with AGH University of Science and Technology in Krakow, Poland. The results outline new methods for large-scale extraction of rare earth elements (REEs) in its Fetsj\u00f6n project in Sweden.&nbsp;REEs are critical raw materials for the battery industry &amp; new energy solutions. With almost 100% imports from outside the EU, the region has set a target to increase its self-sufficiency.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Key points<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The new ground-breaking method developed and tested allows close to 100% recovery of REEs from Fetsj\u00f6n and bordering R\u00f6nnberget apatite minerals.<\/li>\n\n\n\n<li>Previous analysis of the complete REE-bearing shale formation that covers Eurobattery Minerals Fetsj\u00f6n and R\u00f6nnberget exploration targets is estimated to be 165,000 to 180,000 tons of REEs. The magnitude of the exploration target was confirmed in a NI43-101 technical report by a qualified person.&nbsp;<\/li>\n\n\n\n<li>Recovery of the REEs can be made through chemical treatment at low temperatures, thus avoiding costly and time-consuming mechanical treatment. Low-temperature treatment allows for the circular use of the chemicals.<\/li>\n\n\n\n<li>Next step: additional tests on detailed characterization of the REE-bearing minerals and possibly large-scale pilot plant shortly.&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>\u201cThese are extremely exciting results from our joint research project. According to previous analyses, we know that our Fetsj\u00f6n project, and bordering R\u00f6nnberget, have large occurrences of REEs. As these first results suggest, with a close to 100% recovery rate, this would mean that we have a very significant rare earth elements deposit in hand, where we could apply a new revolutionary recovery method,\u201d&nbsp;said Roberto Garc\u00eda Mart\u00ednez, CEO of Eurobattery Minerals. &nbsp;<\/p>\n\n\n\n<p>Based on drill core samples from Eurobattery Minerals Fetsj\u00f6n prospect area in northern Sweden (see appendix 1 for more details about Fetsj\u00f6n and R\u00f6nnberget), the scientists have performed a detailed mineralogical and geochemical study of shales and identified the minerals carrying REEs, mainly apatite. Due to its composition, the Fetsj\u00f6n carbonate-apatite shale is particularly well suited for leaching REEs by modern methods according to the scientists.<\/p>\n\n\n\n<p>The Uppsala-Krakow team has developed a new, low-cost, and efficient method for beneficiation of REEs from apatites and similar mineralization (please see appendix 2 for more details) to obtain as high as 100% of the REEs from the Fetsj\u00f6n deposits containing apatites, carbonate minerals, and other REE carriers. Further to this, the process identified is very efficient both from a cost and time perspective as it enables the extraction of REEs using only chemical treatment at low temperatures, thus avoiding the step of mechanical pretreatment and heating.&nbsp;Furthermore, the low-temperature treatment means that the chemical can be recycled and reused again.<\/p>\n\n\n\n<p>\u201cREEs consist of scandium, yttrium, and the lanthanides which are critical components for electrification, so there is a huge demand for raw materials. However, extracting REEs, particularly from apatites, is often very challenging. Therefore, I am excited about the preliminary results from our project showing that our new approach allows obtaining such high percentages and do it solely with chemical treatment of the carbonate-apatite rock,\u201d&nbsp;said Prof. Jaroslaw Majka at Uppsala University.&nbsp;<\/p>\n\n\n\n<p>EU classifies REEs as critical raw materials; today, the region is almost 100% dependent on imports. EU is therefore pushing for more European recovery of REEs.&nbsp;<\/p>\n\n\n\n<p>\u201cIn this context, Eurobattery Minerals, its project in Fetsj\u00f6n and the research collaboration play a significant role in increasing Europe&#8217;s self-sufficiency of responsibly mined battery minerals,\u201d&nbsp;said Roberto Garc\u00eda Mart\u00ednez.&nbsp;<\/p>\n\n\n\n<p>The project will now continue with additional tests on detailed characterization. Further, the parties are investigating the opportunity for a large-scale pilot plant in the near future.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The research project is conducted by Prof. Jaroslaw Majka at Uppsala University and Prof. Maciej Manecki at AGH University of Science and Technology in Krakow supported by Ph.D. candidate Julia Sordyl representing both universities.&nbsp;<\/p>\n\n\n\n<p>For more information, please see the enclosed attachment.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>About Eurobattery Minerals<\/strong><\/h4>\n\n\n\n<p>Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (<a href=\"https:\/\/www.ngm.se\/marknaden\/vardepapper?symbol=BAT\" target=\"_blank\" rel=\"nofollow noopener\">BAT<\/a>) and German B\u00f6rse Stuttgart (<a href=\"https:\/\/www.boerse-stuttgart.de\/de-de\/produkte\/aktien\/stuttgart\/a2pg12-eurobattery-minerals-ab\" target=\"_blank\" rel=\"nofollow noopener\">EBM<\/a>). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company\u2019s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.<\/p>\n\n\n\n<p>Please visit&nbsp;<a href=\"https:\/\/eurobatteryminerals.com\/\" target=\"_blank\" rel=\"nofollow noopener\">www.eurobatteryminerals.com<\/a>&nbsp;for more information. Feel free to follow us on&nbsp;<a href=\"https:\/\/www.linkedin.com\/company\/eurobattery-minerals-ab\/\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/twitter.com\/eurobatterymin\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>&nbsp;as well.<\/p>\n\n\n\n<p><strong>Contact Eurobattery Minerals AB<\/strong><\/p>\n\n\n\n<p>Roberto Garc\u00eda Mart\u00ednez \u2013 CEO<\/p>\n\n\n\n<p><u>E-mail:<\/u> <a href=\"mailto:info@eurobatteryminerals.com\" target=\"_blank\" rel=\"nofollow noopener\">info@eurobatteryminerals.com<\/a><\/p>\n\n\n\n<p><strong>Contact Investor Relations<\/strong><\/p>\n\n\n\n<p>E-mail: <a href=\"mailto:ir@eurobatteryminerals.com\" target=\"_blank\" rel=\"nofollow noopener\">ir@eurobatteryminerals.com<\/a><\/p>\n\n\n\n<p><strong>Mentor<\/strong><\/p>\n\n\n\n<p>Augment Partners AB is the mentor to Eurobattery Minerals AB<\/p>\n\n\n\n<p>Phone: +46 (0) 86 042 255<\/p>\n\n\n\n<p>E-mail: <a href=\"mailto:mailto:%20info@augment.se\" target=\"_blank\" rel=\"nofollow noopener\">info@augment.se<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stockholm, 27 March 2023&nbsp;\u2013 The mining company Eurobattery Minerals AB (Nordic Growth Market: &#8220;BAT&#8221; and B\u00f6rse Stuttgart: &#8220;EBM&#8220;; in short: &#8220;EBM&#8221;, &#8220;Eurobattery&#8221; or &#8220;the Company&#8221;) received the first results from the research partnership with Uppsala University in collaboration with AGH University of Science and Technology in Krakow, Poland. The results outline new methods for large-scale [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6040,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[32,34],"tags":[],"class_list":["post-6059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","category-regulatory"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New ground-breaking method allows nearly 100% recovery of REEs in Fetsj\u00f6n | Eurobattery Minerals Investor Relations<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.eurobatteryminerals.com\/en\/press-releases\/new-ground-breaking-method-allows-nearly-100-recovery-of-rees-in-fetsjoen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New ground-breaking method allows nearly 100% recovery of REEs in Fetsj\u00f6n | Eurobattery Minerals Investor Relations\" \/>\n<meta property=\"og:description\" content=\"Stockholm, 27 March 2023&nbsp;\u2013 The mining company Eurobattery Minerals AB (Nordic Growth Market: &#8220;BAT&#8221; and B\u00f6rse Stuttgart: &#8220;EBM&#8220;; in short: &#8220;EBM&#8221;, &#8220;Eurobattery&#8221; or &#8220;the Company&#8221;) received the first results from the research partnership with Uppsala University in collaboration with AGH University of Science and Technology in Krakow, Poland. 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