Chela Tech, Inc.
|Primary Industry:||Metals Recovery - Mining|
|Executive Summary:||ChelaTech is commercializing patented ion exchange technology that delivers much faster & cheaper recovery of precious, commodity, & specialty metals from ores. Metal displacement chromatography (MDC) columns are successfully field tested & currently capture Ag; Al; As; Au; CrO4=; Cu; Ga; Hg; Mn; Ni; Pb; Pt; UO2=; & Zn to non-detectible levels or to desired economic cut-off. MDC costs per unit metal recovered are essentially the same, at any dilution factor. Competing costs rise exponentially as metals concentrations decrease.
The global mining industry is our target market, with the initial focus on gold & copper. Revenue to date has been from NRE. We project first revenue from gold recovery in 2006 & from copper & recovery in 2007, with rapid expansion thereafter.
We will provide skid-mounted, plug-and-play metal recovery solutions for the mining industry & project revenue from equipment sales, consumables sales, and mine revenue sharing contracts.
Based on extensive test data, MDC can deliver major economic benefits, including increased revenue, lower costs, higher ROI, and little to no environmental impacts.
MDC products deliver very high flow rates, very selective metal binding, & low cost of equipment & consumables versus current metals recovery slutions. Two fundamental US patents are issued.|
|Venture is:||Seed Level|