Fort Lauderdale, FL – June 20, 2014
Periodic Products Inc. announced today that it has received a grant from the Florida Industrial and Phosphate Research (FIPR) Institute. The grant has been awarded to further demonstrate the commercial application of the Company’s polymer-based metal extraction technology to the phosphate mining industry.
The project, entitled Extraction and Recovery of Rare Earth Elements from Phosphate Using PX-107 and Chelok® Polymers, will investigate using raw materials and waste by-products of the phosphate industry as potential sources of rare earth elements.
The Institute was created by the Florida Legislature to study energy, mining and mineral processing issues impacting the environment and economy of the state, as well as the health of Florida’s citizens.
"We are excited about this research grant from the Institute," said Joseph Laurino, Periodic Products’ CEO and founder. "We are especially enthusiastic about the efficacy of our Chelok® polymer, as the initial pilot data for the project showed that our technology was able to extract and isolate up to 91% of the rare earth elements in the sampled materials."