Rio Tinto Extracts First Gallium From Bauxite

MT Newswires Live
Yesterday

Rio Tinto (RIO) said Wednesday it has extracted the first primary gallium from bauxite as part of a research and development project that aims to produce commercial quantities of gallium from the bauxite processed in its alumina refinery in Saguenay-Lac-Saint-Jean in Quebec, Canada.

The initial step was done in the research and development facility of its new partner Indium in New York, while the next phase includes the assessment of extraction techniques to enable the production of larger quantities of gallium at pilot-scale, the company said.

If successful, Rio Tinto said it plans to build a demonstration plant with an annual capacity of up to 3.5 tonnes of gallium.

A commercial-scale plant could see production reach 40 tonnes per year, representing between 5% and 10% of current global gallium production, the company said.

Price: 60.00, Change: +0.20, Percent Change: +0.33

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10