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IBC Advanced Technologies Inc

IBC Advanced Technologies Inc

Profile last edited on: 9/18/2019
856 East Utah Valley Drive
American Fork, UT 84003
  (801) 763-8400
  info@ibcmrt.com
  www.ibcmrt.com
Business Identifier: Green chemical selective separations: rare earth metals
Public Profile:
Headquartered in American Fork, UT with manufacturing facilities in UT and Houston, TX, IBC specializes in MRT, utilizing green chemistry to achieve highly selective separations of metal ions in complex matrices. Based on Nobel Prize-winning technology (1987), IBCs proprietary products and processes are used worldwide by premier metals refining and mining companies such as Tanaka Kikinzoku K.K. (Japan), Asarco Grupo Mexico (USA), Impala Platinum Ltd. (South Africa), and Sino Platinum (China). The Japanese Government (Mitsubishi Research, Inc.) awarded IBC a highly competitive subsidy grant, Demonstration Project for Seawater Purification Technologies, concerning the selective separation of the radionuclides strontium and cesium from contaminated seawater at Fukushima, Japan. IBCs has been involved in extensive development and commercialization of separations systems for platinum group metals (PGMs). PGMs are analogous to the rare earth elements, in that they are considered difficult to selectively separate due to their constituent chemical similarities. In March 2015, Ucore announced the right to acquire a controlling ownership interest in a joint venture with IBC Advanced Technologies Inc. to deploy the exclusive rights to SuperLig technology for rare earths, multi-metallic tailings processing applications, and select PGM recycling applications in North America and associated world markets. In March 2017 Ucore Rare Metals, Inc. (TSXV:UCU) (OTCQX:UURAF) announce that it had entered an option to purchase agreement with IBC Advanced Technologies, Inc. of American Fork, Utah and its shareholders whereby Ucore has an option to purchase the outstanding shares of IBC. That option expires on March 2019.

 Synopsis: Awardee Business Condition
Year Founded First SBIR Year Date of Last Award
Employee Range VC funded? IP Holdings
Revenue Range Private/Public Exchange/Symbol :

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