Betolar has been granted a patent for a method and arrangement for treating and converting waste material into a reinforcing binder. In the future, the binder can be utilised commercially. Hence it creates value for the waste material now generating costs.

Betolar has carried out an assessment that as the patent family expands, it will be able to leverage the invention in its business to the international mining industry. The strengthening patent portfolio is expected to increase the company's value in the long term through business development. The patent is not expected to have a immediate impact on Betolar's business results.

In the mining industry, the recovery and enrichment of metals generate globally large amounts of metallic effluent, sludge, and dregs, which are in many ways cumbersome to handle and risky for environmental safety. The treatment and storage of waste materials in mining areas also require massive storage pools. The method developed and patented by Betolar heat-treats the waste material generated in the bioleaching process, causing it to become a reactive substance with a binder potential.

It can be made into a reinforcing binder by a simple treatment to solidify and stabilize the end use waste material. Placing liquid and sludge waste materials in tanks incurs costs throughout the life cycle of the tanks. Storage requires substantial investment in the storage pools as well as continuous monitoring and maintenance of the condition of the pools.

The economic benefits arise from the reduction in investment and maintenance costs associated with the pools. In addition, value is created for the binder used elsewhere. Betolar is a materials technology company.

Research and development is an important business area for its success. Product development produces new inventions that generate new innovations for business needs. In connection with the company's normal product development, innovations are created that, at best, lead to new value-added, patentable solutions for business needs.

In line with Betolar's IPR strategy, the primary purpose of the patents is to secure the business that is based on the material technology solutions of Betolar and its customers. Therefore, the patent portfolio is also expected to be a significant component of the company's valuation.