BioteQ Secures Contract for Validation of Metal Recovery Using Ion Exchange
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/31/12 -- BioteQ Environmental Technologies, Inc. (TSX: BQE), a leader in the treatment of industrial water and process solutions, has secured a contract with a leading international mining company to carry out validation test work for recovery of copper and other high value trace metals and removal of arsenic from smelter effluent at a site in Chile, applying BioteQ's ion exchange technology. The work, which includes laboratory testing and evaluation, is expected to be complete in the fourth quarter of this year, and will provide the design basis for a commercial plant.
Jonathan Wilkinson, BioteQ's CEO stated, 'This project provides an opportunity to demonstrate BioteQ's ion exchange know-how for recovery of copper and valuable trace metals and removal of contaminants like arsenic from metallurgical process streams, to support our customer in generating revenue from waste. BioteQ continues to develop innovative treatment solutions for the mining industry. This validation testing contract is an important milestone to advance the project toward a commercial contract for a complete process technology solution.'
BioteQ's ion exchange process technologies use specialized resins to selectively remove dissolved metals from waste water. The technology is particularly effective where the metal concentrations are very low but still provide substantial value or exceed discharge limits. The process produces treated water that meets strict water quality regulations, while recovering a marketable metal product.
BioteQ Corporate Profile
BioteQ is an innovative clean technology leader in global industrial water treatment, serving the mining and energy markets. The company's proven technologies have been applied at sites around the world to recover dissolved metals and remove sulphate, producing clean water and eliminating residual waste. BioteQ is headquartered in Vancouver, Canada and trades on the TSX under the symbol BQE. Please visit our website at www.bioteq.ca for additional information.
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