University of Queensland has taken the wraps off Pure Battery Technologies, which will commercialise technology to extract nickel and cobalt from low grade ores.

Pure Battery Technologies, an Australia-based element extraction technology spinout from University of Queensland, was officially unveiled by the institution on Monday.

Founded in September 2017, Pure Battery is set to commercialise an acid leaching process to extract nickel and cobalt from low grade ores at a lower cost and more efficiently than current alternatives. The licence was supplied by UniQuest, the university’s tech transfer arm.

Pure Battery is in the process of raising capital to construct a demonstration plant to…