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Medallion Secures Exclusive Rights to Purdue University s Rare Earth Element Separation and Purification Technology
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Medallion Resources Ltd. is pleased to announce the acquisition of a license for exclusive rights to Purdue University-developed rare earth element separation and purification technologies, from Hasler Ventures LLC. Medallion will further develop and commercialize this process technology which is complementary to the Company’s existing business focus. The license, acquired through Hasler Ventures LLC, …
Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) is pleased to announce the acquisition of a license for exclusive rights to Purdue University-developed rare earth element (REE) separation and purification technologies, from Hasler Ventures LLC. Medallion will further develop and commercialize this process technology which is complementary to the Company’s existing business focus.
February 18, 2021 Canadian firm secures exclusive rights to Purdue s rare-earth element separation and purification technology, a $4 billion global market
Medallion Resources Ltd. will develop and commercialize the technology, which uses a ‘greener’ process to purify and separate rare-earth elements from all noncoal-sourced raw materials.
Vancouver, British Columbia and WEST LAFAYETTE, Ind. – Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) acquired a license from Hasler Ventures LLC for exclusive rights to Purdue University-developed rare-earth element separation and purification technologies, officials announced Thursday (Feb. 18).
The license provides Medallion with a portfolio of technology, patents and know-how for ligand-assisted displacement (LAD) chromatography to deploy in the separation and purification of rare-earth elements (REE). The rights are assigned from Hasler Ventures and are licensed by Purdue Research Foundation.
Medallion Secures Exclusive Rights to Purdue University s Rare Earth Element Separation and Purification Technology TSX Venture Exchange:MDL
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