Business
Nord Precious Metals Secures MICA Investment to Scale Critical Minerals Production from Tailings
(TheNewswire) Re-2Ox hydrometallurgical system addresses arsenic barrier to battery metals ...
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"Nord Precious Metals Secures MICA Investment to Scale Critical Minerals Production from Tailings\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Re-2Ox hydrometallurgical system\naddresses arsenic barrier to battery metals recovery\n \n\n\n\n Coquitlam, B\n \n\n C – TheNewswire -\n \n\n June 23, 2025\n \n\n - Nord\nPrecious Metals Mining Inc. (TSX-V: NTH | OTCQB: CCWOF | FRANKFURT:\n4T9B) announced today it has secured $200,000 in funding from the\nMining Innovation Commercialization Accelerator (MICA) Network to\nadvance its Re-2Ox technology from Technology Readiness Level 6 to TRL\n7, positioning the system for commercial deployment and licensing\nopportunities.\n \n\n\n\n The funding, part of MICA's fourth Call for Proposals\n \n\n\n\n announced on June\n15\n \n\n\n\n th\n \n\n\n\n in Toronto, will support a\n1,000-hour pilot demonstration at Nord's Temiskaming Testing Labs\n(TTL) facility in Cobalt, Ontario. This real-world operational\nenvironment will generate the performance data required to bridge what\nthe industry terms the \"valley of death\" – the critical\ntransition from validated technology to commercial viability.\n \n\n\n\n \"The mining sector has a fundamental arsenic\nproblem that\n \n\n\n\n constrains global\nmineral processing capacity\n \n\n\n\n ,\"\nsaid Frank J. Basa, B.Eng., CEO of Nord Precious Metals. \"Current\nsolutions either avoid arsenic-bearing feeds entirely or incur\nprohibitive disposal costs. Re-2Ox\n \n\n is able to\nprocess arsenic-bearing feeds and\n \n\n represents a\nparadigm shift by transforming a substantial per-tonne liability into\na margin-positive operation while recovering critical minerals\nessential to the energy transition.\"\n \n\n\n\n Market Opportunity and Technology\nDifferentiation\n \n\n\n\n Nord's technology addresses a substantial and growing\nmarket opportunity:\n \n\n\n\n\n\n Total Addressable Market\n(TAM)\n \n\n :\n \n\n\n\n 282 billion tonnes of\nglobal tailings inventory\n \n\n\n\n , with\ncontinuous additions from active operations amounting to\n \n\n\n\n another 14 billion\nannually\n \n\n\n\n\n\n\n\n Serviceable Addressable Market\n(SAM)\n \n\n : A sizable share of global tailings\ncarries arsenic. Legacy plants sidestepped it for safety and\npermitting reasons, which is precisely the niche Re-2Ox is bui...