The startup has developed a patented hydro-metallurgical process for copper extraction that operates without electricity, producing high-purity copper metal and powders. This technology offers a scalable, low-energy alternative to traditional methods, addressing the increasing demand for copper in the green transition.
Funding
$8.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional copper extraction methods like smelting and solvent extraction/electrowinning (SX-EW) are energy-intensive, generate significant greenhouse gas emissions, and require large-scale infrastructure, making them environmentally impactful and economically challenging for smaller, high-grade deposits and tailings.
Solution
Destiny Copper offers a modular, cleantech hydro-metallurgical system for copper extraction that significantly reduces energy consumption and environmental impact compared to conventional methods. Their patented chemical ion exchange process eliminates the need for electricity in copper production, enabling cost-effective extraction from near-surface, high-grade copper oxide deposits and tailings. This approach allows for operations in rural communities, revitalizing old mining towns by creating employment opportunities. The system's modular design allows for scalable production capacity and reduced infrastructure needs, making it suitable for small to medium-sized copper deposits.
Target Audience
Destiny Copper targets mining companies looking for cost-effective and environmentally friendly copper extraction solutions, particularly those working with small to medium-sized deposits or seeking to reprocess tailings in a sustainable manner.
Features
- Patented hydro-metallurgical process using chemical ion exchange for copper extraction
- Low-energy operation, eliminating the need for electricity in the extraction process
- Modular and containerized system for flexible deployment and scalability
- Suitable for processing near-surface high-grade copper oxide deposits and tailings
- Reduced greenhouse gas emissions compared to smelting and SX-EW processes
- Ability to operate in rural communities, creating local employment opportunities
- Production of high-purity copper metal and powders