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Dundee Sustainable Technologies Enters Service Contract with RNC Minerals
Jun. 14, 2017 08:41AM PST
Base Metals Investing Dundee Sustainable Technologies (“DST” or the “Corporation”) (CSE:DST)(CSE:DST.CN)(CNSX:DST) is pleased to announce that it has entered into a contract with RNC Minerals (“RNC”) for the treatment of nickel sulphide concentrate from a non-related third party (the “Concentrate”). This third party has provided up to $1.5 million services contract, based on pre-determined milestones, to complete the …
Dundee Sustainable Technologies (“DST” or the “Corporation”) (CSE:DST)(CSE:DST.CN)(CNSX:DST) is pleased to announce that it has entered into a contract with RNC Minerals (“RNC”) for the treatment of nickel sulphide concentrate from a non-related third party (the “Concentrate”).
This third party has provided up to $1.5 million services contract, based on pre-determined milestones, to complete the tests and contracted RNC to pilot nickel roasting technology for downstream use in the stainless-steel industry.
Brian Howlett, DST’s President & CEO, commented:
“With the completion of our recent demonstration program on a complex gold concentrate from Chile (refer to December 13, 2016 press release), this transaction allows to optimize the use of our state of the art facilities and talented team of engineers and scientists.
Our priority remains the commercialization of our cyanide-free gold extraction and arsenic stabilization technologies, but opportunities like this allow us to leverage our assets and to generate revenue.”