Fulcrum Metals Pilots Resource Recovery in Timmins with Bechtel Support
- Reports
- 4
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Fulcrum Metals Plc released interim results for the six months ending June 30, 2026, detailing its pioneering use of innovative cyanide-free technologies to recover precious and critical metals from mine waste. The company completed a pilot concept study and signed the TDI Piloting Agreement, establishing a reusable facility with a capacity of up to 2.4 tonnes per day. This pilot operation, which utilizes Fulcrum's exclusive Extrakt rights in Timmins, is being supported by Bechtel. Testing within the Teck-Hughes program achieved 78% gold recovery alongside strong recoveries of other precious, base, and critical metals.
Why it matters
The successful pilot testing could validate the operational viability of the resource recovery technology. This successful testing could potentially unlock a proposed US$20 million Chancery royalty financing route for Fulcrum. The company has also drawn the first £2.5 million tranche of the Yorkville loan facility.
From tennesseedaily.com
Who's involved
- BechtelAmerican construction company supporting the pilot-scale resource recovery operation.
How this reaches others
Each traced step by step, with the reporting behind itHow it developed
Newest first. Tap a step to see who reported it.Late-stage discussions regarding the specific site in Timmins for the pilot concept study.1 source
Bechtel is supporting a pilot-scale operation for Fulcrum Metals Plc.1 source