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Bayan Mining and Minerals Ltd (ASX: BMM; "BMM" or "the Company") is pleased to announce that it has reached an agreement to exclusively licence IP from Macquarie University for its Solar Cell Recycling Technology. A summary of the material terms of the agreement are set out in Schedule 1. This agreement is a key milestone in Bayan’s strategic growth, enabling the Company to take advantage of a major economic opportunity in the critical mineral recycling/recovery market.
Highlights
- Bayan has secured an exclusive license from Macquarie University for “Microwave Joule Heating Technology” a microwave-based solar panel recycling technology, positioning the company at the forefront of sustainable energy technology solutions.
- The Company intends to commence further research and development to assess the ability to potentially recover valuable metals such as Silver, Silicon, Gallium and Indium.
- The basis of the technology platform utilises microwave technology to soften the EVA encapsulant in solar panels, enabling easy delamination and potential recovery of valuable materials at room temperature. This approach avoids the need for extreme heat (1400°C) typically required for separating materials like glass and silicon as well as the use of costly hazardous chemicals in traditional processes.
- Delamination enables selective separation of materials without the need for mechanical crushing, whereas traditional crushing methods often result in crosscontaminated material and lower recovery rates.
- The breakthrough technology presents a potential novel pathway for improved recovery of materials such as silver and silicon from solar panels, critical materials underpinning solar and semiconductor technologies.
- By 2035, Australia is expected to accumulate 1 million tonnes of solar panel waste worth over A$1 billion1, while the global CIGS (Copper, Indium, Gallium, Selenide) solar cell market is projected to grow to US$12.23 billion by 20322.
The Technology from Macquarie University
The team from the School of Engineering at Macquarie University, led by Dr Binesh Puthen Veettil, have developed a new microwave technology that will solve the challenge of electronic waste from end-of-life solar panels. Currently, the recycling process is technically challenging with only an estimated 15% of solar panels making it to a recycling facility3, and the remainder going straight to landfill once they have reached their 20–25-year end of life span. In the rare instance they are recycled, the solar panels, in the traditional method, are crushed and heated at approximately 1400°C before being washed in harsh chemicals to remove the plastics.
Dr Binesh Puthen Veettil’s research in collaboration with the School of Photovoltaics at UNSW, the Australian Centre for Advanced Photovoltaics and further supported by the Australian Government through the Australian Renewable Energy Agency highlights the immense need and impact this technology will bring.
In this new method, the microwave energy is used to selectively heat the materials within a solar panel. In this process, the silicon cells and other microwave-absorbing components rapidly heat up, while surrounding materials remain relatively cool. This targeted heating causes the plastic encapsulant, ethylene vinyl acetate (EVA), which holds the panel layers together to soften and degrade.
Figure 1 – A visual representation illustrating how microwave radiation selectively targets the plastic encapsulant (EVA) in solar panels, softening it to enable the delamination of solar cells while leaving other materials largely unaffected
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This article includes content from Bayan Mining and Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
BMM:AU
Cash Payment Received from Loreto, Chile Option and Joint Venture Agreement
Transaction Terms
Pursuant to the Agreement, Teck Chile has been granted options, to earn up to a 75% interest in Loreto by making US$600,000 in staged cash payments and spending US$17m on exploration.
First Option
Asara has granted Teck Chile an option to acquire a 55% interest in Loreto (the First Option). Teck Chile may exercise the First Option by incurring an aggregate of US$5,000,000 in expenditures on Loreto and by making US$600,000 in cash payments to Asara as set out in the schedule below. The dates for remaining payments, are tied to the Permit Date.
Second Option
If Teck Chile exercises the First Option, Teck Chile shall have a further option to acquire an additional 20% interest in Loreto, by incurring an additional US$12,000,000 in expenditures over the ensuing four-year period (the Second Option).
Loreto Project Litigation
As announced on 8 May 2025, Asara successfully concluded legal proceedings brought against the Company as outlined in its ASX Announcement dated 15 November 2023. As part of the settlement, Asara was required to sell 25.26% of its interest in the Loreto Project to Costa Rica Dos SpA (Costa Rica Dos) for approximately A$87,122 with payment to be made through future profits generated in the context of the Agreement with Teck Chile. Accordingly, Asara is not required to remit the requisite portion of the recent payment to Costa Rica Dos.
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This article includes content from Asara Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Australian Critical Minerals to acquire significant gold and copper portfolio in mineral rich Peru
Highlights
- ACM has entered into a binding Share Purchase Agreement to acquire 100% of the issued capital of Circuit Resources Pty Ltd which owns several potentially transformational gold and copper projects in highly prospective locations in Peru.
- Targeting gold and copper, with high grade silver and base metals a secondary focus.
- Blanca Gold Project is a low-sulphidation epithermal quartz vein with substantial previous drilling and trenching identifying high grade gold.
- Drill results include:
- Bonanza drill grades to 52.8g/t Au over 1.5 metres within 9.5m @ 11.27 g/t Au
- 4m @ 3.97 g/t Au, including 1.75m @ 7.5 g/t Au
- 1.5m @ 22.68 g/t Au within 5m @ 7.04 g/t Au
- 1.2m @ 8.13 g/t Au within 7.37m @ 2.44 g/t Au
- 6m @ 2.31 g/t Au (refer to Figure 4 and Appendices 3 and 4 for full results of the drill and trench sampling program). (1,2,3)
- Only partially drilled - 2km of the 3km strike remains to be drilled
- Drill results include:
- The Riqueza Copper-Silver Project is a district-scale, intermediate-sulphidation vein system extending over a 10 km strike length, which has undergone substantial exploration by previous operators.
- Copper grades from 1% to 8.7% and silver assays to 2,238 g/t in historic surface rock chip samples
- The Flint Gold Project hosts a 6 sq km high-sulphidation system with strong geophysics and geochemistry,
- directly bordering Peñoles’ San Juan copper deposit—highlighting shallow gold potential.
- Cerro Rayas hosts eight high-grade zinc-lead-silver workings along 8 km, with rock chips grading over 40% Pb+Zn—showcasing standout exploration potential (refer to Figure 15 and Appendix 6 for further details).
- Completion of oversubscribed $1m placement to support exploration across new and existing projects.
Australian Critical Minerals Managing Director, Dean de Largie commented, “The acquisition of Circuit Resources is a significant opportunity for ACM, delivering a pipeline of high-impact exploration projects across gold, copper, silver, zinc, and lithium in Peru. The scale and quality of these assets—spanning over 25,000 hectares— give us immediate drill-ready targets and exceptional scope for new discoveries.
Projects like Riqueza, with high-grade copper-silver veins over several kilometres and proximity to majors like Anglo American, offer Tier-1 potential. Blanca has already demonstrated strong gold mineralisation, while Cerro Rayas and the Salar projects provide exposure to critical metals with potentially strong demand tailwinds.
This acquisition significantly strengthens our portfolio, and we’re excited to begin unlocking value with aggressive exploration in the near term.”
Figure 1 – Location of Circuit Resources Projects
Circuit Resources Project Overview
Circuit Resources owns or has the right to acquire 100% of six projects comprising 37 mining concessions covering 25,600 Ha in Peru. Refer to Appendix 5 for a summary of the mining concessions to be obtained through the acquisition of Circuit.
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This article includes content from Australian Critical Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
