SINGAPORE - Media OutReach - 1 December 2021 - Singapore-based
EnviroTech company, Clean Earth Technologies ("CET"), today announced that it
has successfully completed its funding round of S$10.0 million with Strand
Hanson Asia, which is acting as advisors to the Company. Strand Hanson Asia is a leading independent
consulting boutique firm with
considerable experience in the resources and technology sectors.
CET also announced that last week, the company won
the 2021 Australian High Commission Singapore Sustainability Award. According to the Australian Chamber of
Commerce Singapore, the Award was given to the company whose business
operations or solutions have demonstrated excellence in embodying
sustainability as an integral part of its business practice. "CET is a champion of sustainable business
practices, showing innovation and a commitment of sustainability," cited by the
Australian Chamber of Commerce Singapore.
CleanMining Pty Ltd ('CML"), part of the Clean Earth
Technologies Group, owns the award-winning gold recovery solution. Its innovative ore processing technology
represents an important scientific breakthrough that eliminates the use of
cyanide and mercury in the treatment of precious metal ores, particularly
gold. Thus, it offers a new global gold
standard which is toxic-free ore processing.
The technology, developed by Australia's premier research agency, the
CSIRO, is suitable for all gold mining operations, regardless of size, scale
Kevin Fell, Chairman & Group CEO of Clean Earth Technologies, said: "We are
delighted to be the winner of the 2021 Australian High Commission Singapore
Sustainability Award. Our innovative
gold recovery solution is a breakthrough for the gold mining industry to get
rid of the use of toxic chemicals which
are harmful to the environment and human life. "
CET has secured two contracts
from NuFortune Gold of Australia. By
using CET's award-winning non-toxic gold recovery solution and innovative
extraction technology, NuFortune Gold will be Australia's first "Clean Gold"
producer. While delivering similar gold recovery rates to cyanide, CET's
technology ensures better health and safety of employees, the environment and local
Hanson Asia has taken a keen interest in CET and our environmentally-friendly
solutions which are in line with ESG goals.
This funding exercise by Strand Hanson will accelerate Clean Mining's
global expansion with offices in North and South America as we have a pipeline
of over 600 opportunities. We will also
be able to increase our sales and engineering capabilities across the globe,"
added Mr Kevin Fell.
CET's second solution for Clean Urban Mining is to
create a circular economy for e-waste by removing metals from waste electronics
without the use of toxic and energy
intensive processes involving cyanide, acids or smelting. With the latest funding, CET will open its
first e-waste factory in Adelaide by the end of this year.