Pioneering Clean Nickel Production

Unlocking stranded laterite resources worldwide

Our breakthrough atmospheric leaching technology processes the 50% of laterite resources that RKEF and HPAL cannot economically touch—transforming them into battery-grade nickel products with the industry's lowest carbon footprint.

Modular & Scalable

2,500 to 10,000 tpy plants deployable within 12 months

Flexible Products

MHP, LME-spec Ni metal, or Nickel Sulphate—tailored to offtaker needs

Low Carbon

<10t CO₂/t Ni—lowest in the industry (Scope 1 & 2)

Byproduct Revenue

Capture Co, Mn, MgSO₄, gypsum & power—lost in pyrometallurgy

Zero Waste

No tailings or liquid waste. Immediate mine rehabilitation.

Latest Updates

2023

External Equity Investment

EM takes on first external investment from global commodities trader after self-funding R&D and initial demonstration operations since 2015.

2025

Flow Sheet Improvements

Our 150 tpy Ni demonstration facility in Leyte, Philippines (operating since 2022) has been upgraded to handle a wider variety of ores and optimised for MHP product quality and byproduct capture.

2026

Partnership Discussions Advancing

Active discussions with ore suppliers and strategic partners across Indonesia, the Philippines and New Caledonia. First commercial plant targeting FID within 2026.

Industry-leading economics and sustainability

Our process delivers superior economics with a fraction of the capital and carbon intensity of conventional technologies.

US$75m Capex

For 10,000t Ni p.a. capacity with integrated acid plant—a fraction of HPAL costs.

US$6.0k/t Opex

C1 operating cost per tonne Ni as MHP—competitive with the lowest-cost producers.

>0.75% Ni Ore

Minimum grade requirement—unlocking resources that RKEF and HPAL cannot process.

IRA & CBAM Ready

Non-FEOC ownership and lowest carbon footprint position us for green premiums.

Atmospheric Leaching

A simple, robust hydrometallurgical process operating at ambient temperature and pressure.

1

Ore Preparation

Laterite ore (>0.75% Ni) is received and prepared for leaching

2

Leaching

Atmospheric leaching with sulfuric acid dissolves nickel and cobalt

3

Precipitation

Selective precipitation recovers metals from pregnant leach solution

4

Dewatering

Closed-loop water recycling minimises freshwater consumption

5

Products

MHP, Ni metal, or Ni sulphate—plus valuable byproducts

Ni-Co MHP or Sulphates

Primary product for battery market

Ni Metal

99.6%+ LME spec (optional add-on module)

MgSO₄·7H₂O

Epsom salt for fertiliser & industrial use

MnSO₄

Medium-grade battery precursor

Gypsum

Construction & soil amendment

Power

Excess from acid plant

Spent Ore

Inert residue returned to mine for immediate rehabilitation—no tailings dams or liquid discharge

A Decade of R&D, Proven at Scale

Our proprietary atmospheric leaching process represents a fundamental rethink of laterite processing—eliminating the complexity and capital intensity of conventional methods.

Why Atmospheric Leaching?

Traditional nickel processing forces a trade-off: RKEF smelters require premium ore grades and emit massive CO₂, while HPAL plants demand billions in capital and operate under extreme pressure with significant safety risks.

Our process operates at ambient temperature and pressure, using simple, proven equipment. This means faster deployment, lower capital intensity, and the flexibility to process ores that incumbents simply cannot touch.

Processes laterite ores from 0.75% to 2.5%+ Ni grade
Flexible element boundaries—high silica is a benefit, not a problem
>85% nickel recovery demonstrated
Modular design enables 12-month deployment at mine sites
10+
Years of development
150t
Ni p.a. demo capacity
>85%
Ni recovery
12
Month deployment

Why Electric Metals?

Our process delivers superior economics with a fraction of the capital and carbon intensity.

RKEF

Pyrometallurgical

Ore Type

Saprolite

Core Product

FeNi/NPI or Matte

Capex per t Ni p.a.

$20-39k

Opex per t Ni

$12k

CO₂ per t Ni

45.1t

Requires high-grade ore (>1.8% Ni)
Environmentally harmful slag waste
All byproducts lost in smelting

HPAL

Hydrometallurgical

Ore Type

Limonite

Core Product

MHP

Capex per t Ni p.a.

$20-39k

Opex per t Ni

$8-10k

CO₂ per t Ni

13.7t

Strict ore requirements (Mg<4%)
Tailings dams & Mg liquid discharge to ocean
High pressure, complex operation

Leading the Industry in Sustainability

Our process delivers the lowest carbon footprint in nickel production—positioning Electric Metals for green premiums and regulatory compliance in an increasingly carbon-conscious market.

Carbon Intensity Comparison (Scope 1 & 2)

RKEF Smelting
45.1t
45.1t CO₂
HPAL
13.7t
13.7t CO₂
Electric Metals
<10t
<10t CO₂

Zero Tailings

No tailings dams required. Inert leached residues are returned to mined-out areas, enabling immediate rehabilitation and reducing long-term environmental liabilities.

No Liquid Waste

Closed-loop water recycling eliminates liquid effluent discharge. Process water is continuously recycled, minimising freshwater consumption.

IRA & CBAM Ready

Non-FEOC ownership structure and industry-leading carbon intensity position our products for green premiums under emerging regulatory frameworks.

120+ Years of Combined Experience

Battle-tested operators, metallurgists, and financiers delivering projects worldwide.

George Bujtor

George Bujtor

Chief Executive Officer

35+ years in mining. 22 years with Rio Tinto. Former CEO of Toledo Mining and Atlas Mining.

Andrew Bujtor

Andrew Bujtor

Director

20+ years in finance and leadership. Former MD at Low Carbon, CEO at Tower Transit, VP at Macquarie.

Darwin Manalo

Darwin Manalo

Chief Metallurgist

15+ years in nickel hydrometallurgy. Expert in heap leaching, tank leaching, and ion exchange.

Mike Gunn

Mike Gunn

Technical Adviser

49-year mineral processing veteran. Fellow AusIMM. Former CTO at Orocobre's Olaroz Li-brine project.

Nicholas Kwan

Nicholas Kwan

Engineering Adviser

15+ years mechanical & process engineer. Head of Mechanical Eng. at Raub Gold Mine.

Backed by Global Commodity Leaders

Equity partner and product offtaker—a top-5 global commodity trading house

50,000 tpy Ni capacity by 2030

Geographically distributed plants across Indonesia, the Philippines, and New Caledonia.

2015–22

Development

Technology development and initial testing

2023–25

Demonstration

150 tpy Ni demo plant operating in Leyte, Philippines

2026

Commercial

First commercial plant FID

2027–30

Expansion

Scale to 50,000+ tpy across three countries

>50k

tpy Ni refining capacity

~1,000

employees globally

$1bn

projected revenue

$500m

projected EBITDA

Partner With Electric Metals

We're seeking ore supply partnerships, land agreements, and strategic investors to accelerate our growth across Southeast Asia and the Pacific.

Market Reference

LME prices and indicative MHP payables

MHP Ni Payable (Indicative)

88–90%
of LME Ni monthly average, CIF Asia

MHP Co Payable (Indicative)

70–80%
of refined cobalt reference price

Typical MHP Spec

35–40% Ni
with 2–5% Co content

Price charts via Daily Metal Price. MHP payables are indicative ranges based on industry sources and may vary by contract terms.