Fort Lauderdale, FL – December 17, 2015
Periodic Products Inc. today announced that the results of its study on the extraction of rare earth elements from phosphates has been published by the Florida Industry and Phosphate Research Institute (FIPR).
The study, The Extraction and Recovery of Rare Earth Elements from Phosphate using PX-107 and Chelok Polymers, confirmed that the Company’s technology successfully recovers rare earth elements (REEs) from waste by-products produced during fertilizer manufacturing. The study demonstrated that the Company’s technology produced yields equal to those currently obtained from mining raw ore containing REEs, and further isolated two commercially important rare earth elements – neodymium and lanthanum – in high concentrations.
The study was co-funded by Periodic Products and FIPR, a scientific research center created by the Florida State Legislature. The results of the study are available on the FIPR website.
“We are pleased with the results of this initial study,” said Dr. Joseph Laurino, president and CEO of Periodic Products. “The study demonstrates our technology’s capacity to extract and recover these valuable rare earth metals.”
When fully implemented, the company’s technology could recover nearly 120,000 tons of rare earth metals – the current United States annual demand – according to Laurino.