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- Collaborative project to scale-up, pilot the production of nano high-purity alumina.
- Technology has potential to unlock new, high-value opportunities.
- Potential applications in AI, robotics, electric vehicles, defence, aerospace, advanced optics and clean technologies.
- Grant provided by Canadian government funded body.
Advanced Energy Minerals (ASX: AEM) is being supported by an ~$800,000 grant through a Canadian government-funded technology accelerator to develop innovative technologies for manufacturing high-value rare-earth-doped nano-alumina.
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The collaboration with Canada’s NeoCtech Corp is targeting the development of engineered material with applications critical to the modern economy.
The project is aimed at scaling up NeoCtech’s technology for recovering high-purity rare earth elements (REEs) from end-of-life components and using them to dope AEM’s high-purity nano-alumina (nHPA).
The collaborations aim to engineer an advanced material with applications in semiconductors (used in AI data centres and robotics), power electronics (electric vehicles), optoelectronics (lasers and optical amplifiers), advanced ceramics (defence, aerospace and other leading-edge applications involving exceptionally high temperatures and stresses) and advanced catalysts for energy and environmental applications.
MD and CEO, Michael Adams, said the initiative aligns with AEM’s commitment to engineer high-performance materials for applications critical to the modern economy, leveraging the deep R&D expertise and resources of AEM’s Technical Development Centre in Montreal.
“We are committed to enhancing the range of advanced engineered materials we offer our customers, developing next-generation materials for critical supply chains and playing a leading role in assisting our customers to participate in a circular economy in a way that gives us a durable competitive advantage,” he said.
“Our partnership with NeoCtech to engineer a high-performance material from recycled rare earth elements for application in some of the world’s fastest-growing end markets exemplifies our approach to creating value.”
By integrating NeoCtech’s REE recovery and purification technologies with AEM’s proprietary nHPA expertise, AEM and NeoCtech are addressing the growing demand for sustainable, high-purity materials in global supply chains.
A key project component will see NeoCtech scale up to pilot scale its proprietary clean, CO2-neutral process for recycling REEs from end-of-life products (e.g., permanent magnets). It will focus on recovering and purifying REEs with an emphasis on separating light REEs from heavy REEs.
AEM is up +3.45%, to 45¢. Mkt cap $256.4M.
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