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TDK VENTURES INVESTS IN PH7 TECHNOLOGIES FOR CLEAN EXTRACTION AND RECYCLING OF CRITICAL METALS

The investment reflects TDK Ventures’ commitment to supporting innovative solutions that help address the global energy transformation by transforming the metal supply chain.

TDK VENTURES INVESTS IN PH7 TECHNOLOGIES FOR CLEAN EXTRACTION AND RECYCLING OF CRITICAL METALS

TDK Corporation recently announced that subsidiary TDK Ventures Inc., its corporate venture-capital arm, is investing in sustainable metal extraction innovator pH7 Technologies and co-leading their Series A financing round. The unique chemical process developed by pH7 has the potential to change the metal extraction from mining and recycling resources through their sustainable and environmentally friendly approach. This closed-loop metal extraction process could potentially empower the metal transition necessary to usher in next-generation global electrification.

pH7 Technologies has developed a proprietary metal-extraction process utilizing non-toxic organic and inorganic chemistry, as well as electrochemistry to drive the extraction of metals and key minerals from ores, concentrates, and end-of-life materials. This innovative approach reduces the environmental impact of the mining and mineral processes and enables efficient metal extraction from low-grade resources or difficult substrates which are uneconomical or infeasible by current pyrometallurgy or hydrometallurgy approaches.

pH7 Technologies’ chemical process is gaining traction within industry OEMs, metal refiners, and suppliers due to its inherently scalable, high-yield, and faster-than-acid-based solution. The new metal extraction process represents a practical solution to an industry-pervasive problem while simultaneously creating a low-cost solution, with high environmental consideration, and a demonstrated technical maturity.

By investing in pH7 Technologies, TDK Ventures contributes to a more sustainable metal supply chain that can support global energy transformation. The investment also reflects TDK Ventures’ focus on investing in technologies that can have a positive impact on the environment and society.

www.tdk-ventures.com

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