Matamec Emphasizes Low Cost Metallurgy

Matamec Explorations Inc. (TSXV:MAT) reports it has assessed the economic advantages of the treatment of its Kipawa ore.

The press release is quoted as saying,

Matamec’s current optimized process (July 21, 2011) is shown to potentially reduce the cost of the sulphuric acid and limestone needed by over 90% and completely eliminates the cost of heating in the leaching step as compared to its earlier treatment process (Oct 18, 2010). The substantial reduction in cost demonstrates Matamec’s success in developing a simple and low-cost process for recovering valuable rare earths from its coarse-grained Eudialyte ore.

For the complete press release, click here.