The Katerva award recognises disruptive sustainable innovations from around the world, said MGX.
The so-called nanoflotation technology was developed by David Bromley Engineering (DBE) and licensed exclusively to MGX’s engineering and technology development partner PurLucid Treatment Solutions Inc.
Purlucid holds exclusive rights to the technology for use in oil and gas water and brine treatment with the rights to expand licensing across sectors and geographies globally.
In January this year, the firm successfully extracted lithium from oil sands wastewater and with partner PurLucid is now preparing for deployment of the pilot plant shortly with commercial scale deployment expected during the second half of this year.
MGX’s process potentially reduces recovery times of lithium and other valuable minerals from 18 months to one day, compared with conventional lithium extraction.
Story by ProactiveInvestors