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Zinc of Ireland Limited (ASX:ZMI)

ALERT: Price-sensitive ASX Announcement for ZMI
Current share price for ZMI : $0.024 0.006 (33.33%)+
Announcement
Release
9 Apr 2026 9:27AM
Price at Release
$0.018
Full Release
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Summary
Zinc of Ireland NL (ZMI) has announced the acquisition of Metallon Clean Extractions BV (Meclex), a company based in the Netherlands specializing in innovative metallurgical technologies. Through this acquisition, ZMI gains access to two significant hydrometallurgical processes: ARGO, which focuses on recovering zinc, lead, silver, and other critical minerals from zinc leach residues, and VOLTA, aimed at recycling lead-acid batteries in a more environmentally friendly manner. These technologies are expected to offer low-temperature, low-emission alternatives to traditional high-cost processes, addressing the increasing economic and environmental demands within the European heavy industry sector. The acquisition aligns with ZMI's strategy of integrating high-value technologies into their zinc supply chain, thus enhancing exploration activities and creating additional value across their portfolio. The company has also initiated a drilling program at its Kildare project in Ireland, aiming to leverage these technologies to improve project economics.
Key Points
  • ZMI acquires Meclex, a Netherlands-based metallurgical technology company.
  • ARGO and VOLTA are proprietary hydrometallurgical processes acquired.
  • ARGO targets zinc, lead, silver recovery from zinc leach residues.
  • VOLTA focuses on environmentally friendly lead-acid battery recycling.
  • These technologies offer low-temperature, low-emission process alternatives.
  • Acquisition supports ZMI's zinc supply chain strategy and project economics.
  • ZMI initiates a drilling program at Kildare to leverage acquired technologies.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.