StockBox spoke to Ryan Mee, CEO of Fulcrum Metals, following the company’s announcement that it has signed a contract with TDI Solutions for the deployment and operation of a pilot plant at the Teck-Hughes gold tailings project.
Ryan explains why this is a major milestone for Fulcrum, how the pilot plant will help bridge the gap between lab testing and commercial deployment, and why the company’s capital-light, partner-heavy model could unlock wider opportunities across mine waste recovery.
Key topics discussed:
- Contract signed with TDI Solutions for pilot plant deployment
- Cyanide-free gold recovery technology with support from Extrakt and Bechtel
- Capital-light structure for Fulcrum Metals
- Timeline to pilot plant operation before year-end
- Key data points for economics, permitting and future commercialisation
- Growth potential across Canadian gold camps and mine waste opportunities
Ryan Mee, Chief Executive Officer of Fulcrum Metals plc, commented: “This is a significant milestone for Fulcrum which creates a pathway to commercialising Teck-Hughes while establishing a platform that is able to support future mine waste recovery opportunities.
“Fulcrum is excited to be working with TDI, Extrakt and Bechtel on this next phase of the project, which represents an important step towards unlocking significant value from historic mine waste assets through a scalable and capital-efficient business model. The pilot processing programme is designed to generate the data required to support commercial deployment and establish the blueprint for broader deployment.
“Shareholders will be updated as key milestones are achieved and the pilot programme progresses.”
William Florman, President of Extrakt/TDI, commented:“We are pleased to take this next step with Fulcrum to advance their projects in Canada. Laboratory testing to date has been promising, and we look forward to progressing to pilot-scale operations under representative operating conditions.
“The pilot platform has been scoped and designed to help bridge the gap between laboratory testing and commercial deployment by generating specific data on leach performance and on other key aspects of the flow sheet. The limited pilot scope and design can be expanded in the future to include additional aspects of the flow sheet. This data will help guide the final commercial design.
“We believe the combination of Fulcrum’s mine waste assets and our cyanide-free technology has the potential to support a scalable recovery platform, and we look forward to advancing the program together.”
