What is Mineworx Technologies?
Mineworx Technologies Ltd., formerly Iberian Minerals Ltd., is a Canada-based company focused on the exploration and development of mineral properties, alongside the creation and implementation of advanced extraction technologies. The company's operational scope includes interests in Spain and North America, notably an option to acquire a stake in the Aroche Wollastonite Project in Huelva, Spain. Mineworx Technologies is also innovating in mineral processing with its HM X-mill, a grinding mill designed for ores and concentrates. Furthermore, the company has developed the HM X-leach, a cyanide-free process for precious metal extraction, and the HM X-tract, a modular processing unit offering comprehensive solutions from crushing to water recycling and power generation.
How much funding has Mineworx Technologies raised?
Mineworx Technologies has raised a total of $540K across 1 funding round:
Share Placement
$540K
Share Placement (2020): $540K, investors not publicly disclosed
What's next for Mineworx Technologies?
With the recent strategic investment, Mineworx Technologies is poised to accelerate its development and deployment of proprietary mineral extraction technologies. The company's focus on innovative, environmentally conscious processes like HM X-leach, coupled with its modular processing units, positions it to capture market share in both exploration and processing services. Future growth is likely to involve scaling up operations, further refining its technological offerings, and potentially expanding its mineral property portfolio, leveraging this capital infusion for strategic expansion and market penetration.
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