Photo - MOLYBDENIUM
37791

MOLYBDENIUM

WASTE RECYCLING

Armenia
Market: Metallurgy
Stage of the project: Idea or something is already done

Date of last change: 12.04.2019
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Idea

The purpose of innovation (invention) is to create a new method of producing high molecular weight recycling materials containing molybdenum, which will ensure the separation of the basic constituents thereby obtaining high purity molybdenum products. To this end, molybdenum-containing waste is crushed, treated with a solution of bentonite , and then dissolves the solution from the sediment to the dust particle. Then it is processed with 3: 1 ratio of water and bentonite solution. The treatment is carried out at room temperature at 1.5: 1 mass and waste as a result of the second processing.

Current Status

At present, our innovation has gone through a series of pilot studies and experimentsand is at the stage of industrial launch. Production capacities (flow line and associated capacities) have been set up to enable 67% molybdenum concentrate, which significantly exceeds the quality of molybdenum concentrate produced by existing plants and produces up to 200 tons of concentrate annually, which will provide $ 4 million in commodity circulation 300 % average profitability. The total amount of funds invested is US $ 2.5 million, the required investment is 500.0 thousand USD. For fully operational US dollars, the repayment period does not exceed 2 years.

Market

At the first stage, we plan to sell the products in the marke of the RF, where The demand for the military-economic significance of molybdenum is quite high and and there are preliminary agreements reached, according to which our demands exceed the annual threshold of 200 tons of concentrate and in case of satisfying the required investment we will immediately conclude relevant contracts and agreements with our consumers, which will ensure the guaranteed sale of our products.

Problem or Opportunity

Today the demand for molybdenum is great in the world based on the most important and useful features and various technical fields of application, its indispensable role in the reproduction of natural and human life, and on the other hand, limitation of global molybdenum stockpiles and technical difficulties in industrial production (Molybdenum does not meet in nature in pure state at all).
The innovation of our invention lies in its technological sophistication and accessibility, allowing 67% concentration from production wastes.

Solution (product or service)

The areas of application of molybdenum are large and diverse from military-technical industry to food and light industry and health care. Taking into account the simple (which is the invention) technology of molybdenum concentrate, which simultaneously provides access to iron and copper and molybdenum's current market and stock prices, our invention provides 300% profitability, a real opportunity gives back up to 2 years all costs associated with the start up of the production process, both in investment and in credit.

Competitors

The rarity and efficiency of our innovation on the one hand, and its clarity and accessibility, on the other hand, allows us to confidently state that we will not have rivals in domestic and foreign markets, that is, we will inherit only specific market segments based on high product quality and affordable price, will ensure high competitiveness and privacy, so in our case, there are no potential barriers to the market.

Advantages or differentiators

The innovation of our invention lies in its technological sophistication and accessibility, allowing 67% concentration from production wastes. The technology is very simple. So, from the point of view of the cost, it is very cheap, which provides high profitability.
The uniqueness of our approach is, first and foremost, in its simplicity and accessibility, low cost-effectiveness, high efficiency and environmental safety.

Finance

The company's property is 7700 square meters of land and 300 sq. m. production areas and storage facilities. USD 2.5 million has already been spent on the launch of the project, construction works have lasted for a year. The total production capacity is 4 million 600 thousand USD, besides the cost of the technological line and necessary machinery, also includes the cost of production infrastructure, including land, buildings and constructions.

Business model

❖ Our innovation is fully compatible with our adopted technology and market strategy and ensures the achievement of the targets in the shortest possible way.
❖ Our business model involves a cluster approach, which implies a closed cycle of justice without the acquisition of waste and related products that will ensure high production cycle and environmental safety.
❖ The rugged simplicity and affordability of our business model and simultaneously high efficiency enable us to dynamically develop and increase production volumes, while simultaneously organizing related products.

Money will be spent on

The total amount of funds invested is US $ 2.5 million, the required investment is 500.0 thousand USD. For fully operational US dollars, the repayment period does not exceed 2 years.

Risks

 The global market today is characterized by insufficient demand for molybdenum, limited resources of primary raw materials and technological difficulties in obtaining molybdenum, as a result of which polluting and endangering the environment with other metals accompanying molybdenum, including heavy metals, are emitted in waste and tailing dumps. It is noteworthy that certain quantities of wastes, especially in South-East Asia (China, South Korea), are being recycled, but only by sulfuric acid, which is an additional environmental issue and the problem of environmental pollution and the accumulation of toxic gases in the atmosphere with all the harmful consequences. Our offered technology does not have any harmful effects,

Invention/Patent

Our proposed innovation is formulated and confirmed as the invention N2449A granted by the Armenian Intellectual Property Agency certified as of 26.09.2011. as a molybdenum-containing waste recycling technique that fully complies with global technology standards, the right to ownership of an invention is protected by a corresponding patent.
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