Outotec strengthens its portfolio of gold processing technologies by acquiring Biomin BIOX® bioleaching technology
OUTOTEC OYJ PRESS RELEASE JULY 31, 2015 at 10.00 AM Outotec strengthens its portfolio of gold processing technologies by acquiring Biomin with their BIOX® bioleaching technology Outotec has agreed to acquire the majority of the shares in Biomin South Africa Pty. Ltd. and certain assets from Biomin Technologies S.A. in Switzerland. With this acquisition Outotec gets the full intellectual property and marketing rights of BIOX® bioleaching technology, which is a proven method for the treatment of refractory gold ores. The parties have agreed not to disclose the acquisition price.