20 Jul MPS wins Clean-Tech Category in the worldwide Extreme Tech Challenge for 2021
Perth based mining technology company, Mining and Process Solutions (MPS), has been selected over some of the world’s best tech start-ups to take out the Clean-Tech Category in the worldwide Extreme Tech Challenge for 2021.
The Challenge, which is the world’s largest startup competition focused on purpose-driven innovation, uses the United Nations’ 17 Sustainable Development Goals (SDG’s) as a framework for showcasing entrepreneurs who harness technology to address the planet’s most important challenges. In this year’s competition, over 3,700 start-ups from 92 countries competed across seven categories – Clean-Tech, Fin-tech, Enabling-tech, Ag-tech, Healthcare, Education and Smart-Cities.
MPS’s winning pitch showcased their new metal extraction processes that utlilises the simple amino acid, glycine. The technology can dramatically reduce the use of cyanide in gold mining and can enable economic processing of low grade and low-quality ores of copper, nickel and cobalt without the need for sulphuric acid.
Managing Director Ivor Bryan said that glycine, which is a biodegradable and non-toxic compound that is naturally found in the human body, has the potential to significantly reduce the mining industry’s reliance on toxic and expensive chemicals.
Of the win, Mr. Bryan said that “it is certainly exciting to see the technology gain global recognition, the win is a real credit to the Curtin and MPS team”, “It’s fantastic to see Western Australia leading the world in sustainable mining technologies.”
Glycine leaching of metals was discovered by Professor Jacques Eksteen and Dr Elsayed Oraby of Curtin University. After reviewing a publication that identified that gold mobilises onto gum tree leaves, it led to them exploring whether amino acids, and in particular glycine, could allow sufficient gold dissolution to be useful for industrial use. After several years of development and application for a range of metals, MPS aims at bringing glycine leaching to the international mining industry.
As one of the 7 category winners, MPS now heads to the global finals, where it will pitch for the overall title on July 22nd.
Among the panel of judges tasked with picking an overall winner are Young Sohn (former President of Samsung Electronics), Bill Tai (Partner at Charles River Ventures and Silicon Valley angel
investor) and Jerry Yang (founder and former CEO of Yahoo!)