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ENVIRONMENTAL EXCELLENCE – BioteQ awarded

VANCOUVER - The GLOBE FOUNDATION OF CANADA has announced the winners of its 2008 GLOBE Awards for Environmental Exc...



VANCOUVER – The GLOBE FOUNDATION OF CANADA has announced the winners of its 2008 GLOBE Awards for Environmental Excellence. These awards celebrate Canadian companies that take a proactive approach to sustainable business strategies and have made significant strides towards developing progressive technologies and services.

Vancouver-based BIOTEQ ENVIRONMENTAL TECHNOLOGIES was the winner in the category of Export Performance. BioteQ was chosen for the work it has done with the world’s leading mining companies and utility operators to reduce their environmental liabilities, while generating revenue from waste. BioteQ builds, owns and operates water treatment plants that produce saleable metal products that can pay for water treatment costs, and clean water that can be discharged to the environment. Other finalists in this category were JER ENVIROTECH and TANTALUS SYSTEMS.

The company has just commenced metals recovery at two new water treatment plants, located at mine sites in Australia and China, and that both plants are gradually ramping up production to full capacity. The $3.6-million Dexing plant in China is designed to treat acidic mine drainage to recover copper, producing a saleable metal product and clean water that can be discharged to the environment. The project is a 50-50 joint venture with JIANGXI COPPER COMPANY.

The new plant at the Mt. Gordon mine in Australia is owned by ADITYA BIRLA. This build-own-operate plant project is designed to recover saleable copper in a pure copper product as well as saleable cobalt and nickel in a combined product and clean water. Following metal recovery, the water is further treated by standard evaporation methods to maintain the mine site’s water balance.

BioteQ expects both projects to provide a three-year pay-back on capital, with the plants contributing to revenues by the second quarter of 2008. Learn more about BioteQ at www.bioteq.ca.