Metal Purification Technology Technical Due Diligence

Posted in News on Apr 04, 2023

Process Engineering International, LLC (PROCESS) was contracted by a metals purification company with headquarters in the USA to perform an independent, third-party review of new technology that uses electrolytic processes to purify metals.

The Three Sections of the Metal Purification Technology Process

The overall process consisted of three sections: upstream operations, downstream operations, and Core Technology. The upstream operations prepare the feedstock for the Core Technology, while the downstream operations purify the produced metal compounds. The Core Technology is the main intellectual property and was the focus of this technology review. PROCESS performed the following tasks to critique the technology: Reviewed and critiqued the process design information provided by the technology provider to check the legitimacy of the process. Reviewed chemical reactions used in the technology to determine if they were proven, well-documented reactions. Performed a site visit to discuss operations with the technology provider’s personnel and to witness the pilot plant producing the product. Developed a risk matrix that ranked perceived technology risks.

PROCESS is Proud to Have Provided Quick, High-Quality Results

PROCESS executed this project as a “fast track” project and ultimately prepared and submitted a formal report suitable for presentation to potential investors within three weeks of the initial inquiry by the client. The formal report summarized the project approach, the information reviewed, summarized findings, and presented perceived process risks as well as recommendations to minimize risks.