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Zinc of Ireland Limited (ASX:ZMI)

ALERT: Price-sensitive ASX Announcement for ZMI
Current share price for ZMI : $0.021 -0.001 (-4.55%)+
Announcement
Release
20 Aug 2026 9:19AM
Price at Release
$0.022
Full Release
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Summary
Zinc of Ireland Limited (ASX: ZMI) has announced the acceleration and expansion of its ARGO technology testwork program, aiming to enhance the recovery of critical minerals such as germanium, gallium, and indium. This initiative is in response to industry demand and regulatory changes in Europe, aligning with the Critical Raw Materials Act. The ARGO technology, developed with input from Solvomet in Belgium and Core Resources in Australia, promises to revolutionize zinc refining by reducing emissions, energy consumption, and generating critical minerals from zinc smelter byproducts. The rapid development is set to advance the pilot plant's timeline to early 2027, supported by partners like Nyrstar. This strategic move not only addresses environmental concerns but also seeks to establish a new supply source for these minerals outside China.
Key Points
  • ZMI accelerates ARGO technology development for critical minerals.
  • Focus on germanium, gallium, and indium recovery.
  • Program aligns with European regulatory shifts and the Critical Raw Materials Act.
  • Partnerships with Solvomet and Core Resources enhance technological development.
  • ARGO aims to reduce emissions and energy use in zinc refining.
  • Pilot plant timeline advanced to early 2027 with Nyrstar's support.
  • Program addresses environmental and supply chain pressures.
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.