NVRO Metals Limited announced a non-binding MoU with Hecla Greens Creek Mining Company, a wholly-owned subsidiary of Hecla Mining, to process 35,000 tonnes of tailings. The agreement outlines a framework to use the NVRO Process for an industrial-scale campaign at the upcoming NVRO Metals Hub in Australia. The partnership aims to demonstrate the commercial viability of NVRO's technology using Hecla's material, marking a key milestone toward Technology Readiness Level 9. The initiative is conditional upon the successful completion of a smaller 20-tonne demonstration campaign in Perth and the final acquisition and commissioning of the Metals Hub, with both companies targeting the end of December to satisfy these requirements.
Hecla Mining CompanyHecla provides tailings material for processing, potentially generating revenue from waste.
NVRO's technology is being validated through partnership with Hecla, advancing toward commercial readiness.