MRD: MRD Lodges Second Selectro Patent for Industrial Metals

Original announcement by asx on

Company
Mount Ridley Mines Limited
Ticker
MRD
Exchange
ASX
Region
Western Australia
Primary commodity
Aluminium
Secondary commodities
Iron ore, Gallium
Document categories
Metallurgy, Other
Extracted
2026-10-18 23:12:10 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Mount Ridley Mines has lodged a second provisional patent application for its Selectro™ technology, specifically adapted for industrial metal feedstocks. Initial testwork on a bauxite composite from the Darling Range project yielded 92% aluminium and 97% iron recovery.

Reasoning: The announcement of a second patent application for industrial metals, supported by strong initial bauxite recovery results, represents a significant strategic expansion of the company's technology platform.

Positive factors

  • Successful first-pass testwork on bauxite feedstock
  • High recovery rates for aluminium (92%) and iron (97%)
  • Strategic IP protection via second provisional patent application
  • Demonstrates Selectro™ as a platform technology for industrial metals

Negative factors

  • Optimisation of chemistry specific to bauxite has not yet been undertaken

Facts used in scoring: 2

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Aluminium recovery of 92% and iron recovery of 97% are very strong for first-pass testing.

Evidence · text

“returning 92% aluminium and 97% iron recovery”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are described as 'first pass testwork' on a composite, indicating preliminary screening.

Evidence · text

“first pass testwork on a composite”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Metallurgical Results (2)

leachDarling Range bauxite project · aluminiumRecovery: 92 %View all details
Link to this fact

Identity

Project
Darling Range bauxite project
Commodity
aluminium
Region
australia_wa
Reported Region
Western Australia
Ticker
MRD

Test Work

Program Status
preliminary
Test Type
leach
Processing Route
Selectro™ Process
Sample
composite supplied by Australian Silica Quartz Group Ltd (ASX: ASQ) from Darling Range bauxite project

Recovery

Recovery
92 %
Recovery Basis
actual_test

Lab

Laboratory
ALS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-18T00:00:00.000Z

Reasoning: 92% recovery is strong for first-pass testing on a new feedstock.

Positive factors

  • High recovery rate of 92%

Evidence · text

“returning 92% aluminium and 97% iron recovery”

Tags used in scoring

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

leachDarling Range bauxite project · iron_oreRecovery: 97 %View all details
Link to this fact

Identity

Project
Darling Range bauxite project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
MRD

Test Work

Program Status
preliminary
Test Type
leach
Processing Route
Selectro™ Process
Sample
composite supplied by Australian Silica Quartz Group Ltd (ASX: ASQ) from Darling Range bauxite project

Recovery

Recovery
97 %
Recovery Basis
actual_test

Lab

Laboratory
ALS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-18T00:00:00.000Z

Reasoning: 97% recovery is exceptional for iron in this context.

Positive factors

  • Very high recovery rate of 97%

Evidence · text

“returning 92% aluminium and 97% iron recovery”

Tags used in scoring

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.