Outotec strengthens its portfolio of gold processing technologies by acquiring Biomin BIOX® bioleaching technology

Outotec has decided to to obtain a lot of the of the shares in Biomin South Africa Pty. Ltd. and specific resources from Biomin Systems S.A. in Europe. With this specific buy Outotec gets the total intellectual property and marketing rights of technology, which will be a proven method for the therapy of refractory gold ores. The parties have decided not to to reveal the acquisition value. The buy in expected to be closed in several weeks plus it’s going to not effect Outotec’s economic advice for 2015.

Biomin engineering matches the collection of gold running technologies of Outotec. Gold ore bodies are getting more complicated to handle and comprise of refractory ores as the less refractory gold ores become exhausted. Around 20% of the current gold tasks of the world’s and a next of approaching projects are based on ore which should be be pre-treated before the draining process. There are three principal pre-treatment options for refractory gold ores oxidation, roasted. BIOX® is verified technology for bioleaching and its annual business volume was some millions of dollars.

Related posts