Background

Direct Nickel’s Dr Fiona McCarthy and Hon Bill Marmion at the opening of the Direct NIckel Test Plant in May 2013

Direct Nickel’s Dr Fiona McCarthy and Hon Bill Marmion at the opening of the Direct Nickel Test Plant in May 2013

In November 2006 Direct Nickel Projects Pty Limited (“DNP”) entered into a process development and licensing agreement with the US-based research and development corporation, Drinkard Metalox Inc (“DMI”). DMI is a recognised world leader in nitrate chemistry and had earlier patented its nitric acid recycle technology which is incorporated into and a key step in the DNi Process™. DNP has exclusive and perpetual worldwide rights to the DMI developed patents and is the owner of the DNi Process™.

DNP has invested over twelve years and almost $40 million in the development of the DNi Process™.