AngloGold Ashanti operates 17 gold mines around the world. The agreement, which was reported in both Israeli daily newspapers Globes and Ynet, states that P2W will convert the polluted water that is created in the gold mining process into water fit for drinking and irrigation.
P2W specializes in providing complete solutions for the purification of polluted water and holds a number of patents in this field. According to the Company website, the core technologies that drive the P2W solution offerings are based on patented electrolysis and electro-coagulation configurations.
Ynet reported P2W’s CEO Palmach Zeevi as saying, “The signing of this agreement proves that the Israeli technology that was developed by our Company is the right solution for gold mining companies around the world.”
Globes reported Zeevi as saying that P2W is in progressing towards pilots in Congo and two additional African countries, as well as Peru. “Each agreement that we reach in the arena of water purification runs about $8-10 Million,” Zeevi told Globes. “We’re targeting the African and South American markets, as they have a need for new, environmentally friendly water purification methods. The U.S. and Canada are also very active in mining and there’s a lot that we can do in those territories as well.”
Israel NewTech was one of the pioneers in identifying the mining industry as a market potential for Israeli water companies. In December 2011 Israel NewTech organized a delegation to Chile to meet with mining companies and to try to learn their needs and forge cooperations between them and Israeli water technology companies. P2W attended this delegation, as did Amiad, Batman, Greenkote, Metzerplas, and Netafim.
For the full Globes article click here.