University of South Australia researchers want to extract critical minerals from downstream ore processing, tailings reprocessing, and wastewater treatments.
The proposed transaction, the company said, is a step to transform Silver Elephant to a pure silver mining and exploration company by monetizing non-core assets.
Australian company's US subsidiary was named a member of the Critical Materials Institute, a US Department of Energy Energy Innovation Hub at the beginning of the year.
The directive will specifically be authorized to support the production and processing of minerals used for large capacity batteries such as lithium, nickel, cobalt, graphite, and manganese.
Out-of-court settlement calls for Centerra to yield control of the vast gold mine to state-owned refiner Kyrgyzaltyn OJSC, which will return its 26% stake in the company.