Canadian company Fortune Minerals has announced a partnership with diversified miner Rio Tinto to develop a technology that will improve recovery of cobalt and bismuth, both of which are considered critical minerals. Under a memorandum of understanding, announced on Friday, testing will be done at Rio Tinto Kennecott’s integrated copper mining and smelting operations in Utah and at Fortune’s planned Alberta refinery.
Canadian company Fortune Minerals has formed a partnership with diversified miner Rio Tinto to develop a technology that will improve recovery of cobalt and bismuth, both of which are considered critical minerals.
The partnership aims to maximise the value of critical mineral supply chain investments and increase Fortune’s planned cobalt and bismuth refining operations to process co-product streams of the minerals recovered from the Kennecott smelter.
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