The UAE-based construction and oil & gas sector major MCT Group struck a partnership deal with Singapore-based Clean Earth Technologies (CET) to launch the latter’s environment-friendly technologies and products in the mining sector in the GCC region – a move which resonates with the current climate change talks in the backdrop of the COP27 meeting in Egypt.
The deal is for production of CET’s environment-protective reagents, used in gold processing to make it cyanide and acid-free.
MCT will manufacture the products in its manufacturing facility based in Dubai Investment Park (DIP), with an initial production plan of 700 tonnes per year.
The UAE group will also market CET’s proprietary reagents – marketed in other regions under the Singapore company’s subsidiary Clean Mining – to customers in the UAE and the larger Middle East region.
“The non-toxic and environmentally friendly industry processes and products of CET fit well into the UAE emission reduction and energy efficiency strategies, so we are happy and excited to launch these products in the country – a move which is both timely and significant,” Bharat Ratteshwar, executive director of MCT Group, told Arabian Business.
“The partnership deal is for producing CETs reagent technologies on a contract-manufacturing basis,” Ratteshwar said.
He said MCT would manufacture the CET products at its state-of-the-art facility in DIP 2.
Ratteshwar said the company would commence with a production target of 700 tonnes in 2023, with plans for expansion in a phased manner, depending on the market requirements.
He said the partnership deal would open a new chapter in regional clean ecological practices, especially in gold mining.
Dr. Misho Ravic, Group CEO, MCT said the group’s scale of operations and regional expertise in the Middle East has helped it to strike the deal with CET to introduce the latter’s technologies and products in the region.
Ravic said the deal with CET would also help the group to further strengthen its credentials in the ESG (environmental, social and corporate governance) arena.
MCT Group currently provides engineering products and technical support services in the oil and gas, transportation, infrastructure and marine sectors.
Founded in Singapore in 2019, CET is a global game-changer renowned for developing reagents that eliminate cyanide and mercury in the gold recovery process.
Other successful initiatives of the company include patents that provide fertilizer absorption to protect waterways and preserve plant nutrients, while removing harmful materials and containing and cleaning up oil spills.
With a patent in nanotech for e-waste also imminent, CET is also understood to be planning to set up a joint waste facility in JAFZA in 2023.
For MCT, the CET collaboration is the second major deal after its partnership with Belzona Polymerics, a leader in composite repair materials and high performance coatings.
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