{"id":1188599,"date":"2020-06-05T08:15:00","date_gmt":"2020-06-05T13:15:00","guid":{"rendered":"https:\/\/www.mining.com\/?p=1026105"},"modified":"2020-06-05T08:15:00","modified_gmt":"2020-06-05T13:15:00","slug":"zirconium-titanium-rare-earths-refining-technology-awarded-4-5m-by-korean-government","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1188599","title":{"rendered":"Zirconium, titanium, rare earths refining technology awarded $4.5m by Korean government"},"content":{"rendered":"

Australian Strategic Materials announced that its Korean partner,\u00a0 Zirconium Technology Corporation, was awarded\u00a0 $4.5 million in grants by the Korean government to be used in the development of the companies\u2019 joint venture.<\/p>\n

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The grants were awarded as part of the Korean Government\u2019s $5 billion Industrial Technological Program, which seeks to establish clean metal supply independence<\/p>\n<\/blockquote>\n<\/figure>\n

In detail, the funding is to be directed to ASM and ZironTech\u2019s project to develop a low-emission, high-purity metal refining technology that can be applied to zirconium, titanium and rare earths for permanent magnet alloys.\u00a0<\/p>\n

In a press release, the firms involved in the initiative explained that the technology is intended to replace conventional energy-intensive metallisation processes with a more environmentally friendly, sustainable and cost-effective alternative. <\/p>\n

\u201cWe are pleased that both ASM and the technology we are developing in partnership with ZironTech has been recognised by the Korean Government as critical in its journey to ensuring sovereign supply for critical materials,\u201d Australian Strategic Materials\u2019 managing director, David Woodall, said in the media brief. \u201cThe technology to produce critical metals adds value to our project and is key to the growth of Korea\u2019s and Australia\u2019s new technology and manufacturing sectors, with the strong government focus on increasing domestic production to secure supply stability.\u201d <\/p>\n

Woodall explained that the JV between ASM and ZironTech is finalising the commissioning of its commercial pilot plant facility to produce these high-purity metals in parallel with developing the design for the world\u2019s first commercial-scale metal plant. <\/p>\n

\u201cThis will help meet the growing demand for a new source into domestic and global markets for ASM\u2019s range of high-purity and value-added critical metals \u2013 including zirconium, rare earth magnet metals (praseodymium and neodymium), niobium, and hafnium,\u201d the executive said. <\/p>\n","protected":false},"excerpt":{"rendered":"

The project is led by Australian Strategic Materials and Zirconium Technology Corporation.<\/p>\n","protected":false},"author":92,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,2857],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188599"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1188599"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188599\/revisions"}],"predecessor-version":[{"id":1188697,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188599\/revisions\/1188697"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1188599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1188599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1188599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}