MINT

The circle of it: This company uses microbes to capture value from electronic waste.

mint

Summary

Mint provides technology for sustainable metal recovery from a range of waste materials. The most abundant source of precious metals like gold, palladium and copper is in the ‘urban mine,’ which refers to waste materials such as scrap electronics and other waste streams. Small electronics typically contain ten to hundred times higher concentrations of precious metals than conventionally mined ores (Source). The company has created low-cost, low-impact biorefineries for extracting metals. Upon receipt, waste material is weighed and milled to a sand consistency to enable rapid metal recovery. Precious metals including gold, palladium and platinum are dissolved and extracted using the company’s proprietary technology. Other metals such as copper are recovered using a conventional electrochemical process.

Story

Mint was co-founded by Will Barker, who was an instrumental early employee at the cleantech New Zealand company, Lanzatech, which uses microbes to turn waste gas from steel plants into ethanol. Barker used a similar microbe-based technology to create a proprietary biometallurgy process with co-founder Ollie Crush.

Pic Credit: Mint (right and top)

“When it comes to e-waste alone, approximately 50 million tonnes will be generated worldwide this year, with the metallic value alone estimated to be $47 billion. This includes $22 billion in gold, found primarily in printed circuit boards.”

Will Barker in an interview

Founder(s)

Will Barker and Ollie Crush


Headquarters

Auckland, New Zealand


In business since

2016



Impact

According to their website, every year $80 billion worth of metals are discarded in waste streams that could be saved with this technology. The company claims to save over 90% of the carbon produced in recovering metals such as gold compared to conventional mining or smelting. The company also claims that their recovery process only uses 2% of the power and water per kilogram of gold comapred with conventional mined resources.


Technology

biometallurgy process to extract precious metals from waste streams, especially electronic waste


Material

electronic waste


Website

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