Zinc of Ireland buys Dutch metals tech firm in pivot to cleaner processing

Zinc of Ireland NL ( (AU:ZMI) ) has provided an update.

Zinc of Ireland NL has agreed to acquire Netherlands-based Metallon Clean Extractions BV, gaining its proprietary ARGO and VOLTA hydrometallurgical technologies for treating zinc leach residue and recycling lead-acid batteries with lower energy use, emissions and waste. The company plans to integrate ARGO with its Kildare Zinc project, explore associated critical minerals, and leverage existing cooperation agreements with major industrial partners Nyrstar and FIB S.p.A to commercialise these processes.

Alongside the technology acquisition, Zinc of Ireland is launching a 4,000-metre drilling program at Kildare, refreshing its leadership with a new chairman and CEO, and raising A$5.5 million to fund exploration and technology development. The moves collectively aim to shift the company from a pure explorer to a vertically integrated player in cleaner metal recovery and recycling, potentially enhancing project economics and aligning it with tightening environmental and regulatory trends in Europe and beyond.

The most recent analyst rating on (AU:ZMI) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Zinc of Ireland NL stock, see the AU:ZMI Stock Forecast page.

More about Zinc of Ireland NL

Zinc of Ireland NL is an ASX-listed resources company focused on zinc exploration and development, notably the Kildare Zinc project southwest of Dublin. The company is expanding into metals processing technologies, targeting higher-value, lower-emission recovery of zinc, lead, silver and critical minerals, and positioning itself within the broader zinc and battery recycling supply chains.

YTD Price Performance: 80.0%

Average Trading Volume: 676,304

Technical Sentiment Signal: Hold

Current Market Cap: A$10.48M

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