The LOI establishes a framework to combine RZOLV’s proprietary hydrometallurgical platform with Alchemio’s molecular-detection separation and purification technology and advance the commercialization of integrated rare earth and critical mineral recovery solutions.
Vancouver, British Columbia – Newsfile Corp. – July 23, 2026 – RZOLV Technologies Inc. (TSXV: RZL) (OTCQB: RZOLF) (FSE: S711) (“RZOLV” or the “Company”) is pleased to announce that it has signed a non-binding letter of intent (“LOI”) dated July 15, 2026. Alchemio Bioscience Corporation (“alchemio“) To establish a strategic collaboration aimed at advancing the development, validation and potential commercialization of an integrated modular rare earth and critical mineral recovery platform.
alchemio is an Argentina-based deep tech company that is developing a modular rare earth separation and purification platform based on selective media and molecular-detection technology. Its platform aims to optimize various rare earth sources and enable selective capture, purification and upgrading of soluble rare earth elements into high-value products. Laboratory results show over 87% recovery efficiency under controlled conditions. The modular configuration is designed to reduce processing steps and physical footprint compared to traditional solvent extraction methods.
The proposed strategic collaboration aims to connect two complementary technology platforms across the rare earth and critical minerals value chain:
- RZOLV will provide its proprietary hydrometallurgical platform to unlock and mobilize rare earth elements and associated critical minerals from complex feedstocks, optimize extraction performance and generate stable, conditioned process solutions; And
- Alchemio will provide its molecular-detection platform to selectively separate, purify, refine and upgrade dissolved metals into high-value products.
The objective is to integrate, develop and validate the combined technologies as a complete modular processing pathway capable of unlocking, selectively recovering, separating and upgrading rare earth elements and associated critical minerals from selected primary and secondary feedstocks while establishing the technical, operational and economic basis for pilot-scale demonstration and commercial deployment.
The strategic logic underlying the LOI is straightforward: RJOLV unlocks and mobilizes metals. Alchemio differentiates, upgrades and refines them. Together, the companies intend to evaluate a more complete, modular and potentially source-adjacent commercialization pathway extending from complex feedstocks to differentiated rare earth products.
Building a strategic critical minerals commercialization platform
Commercialization of rare earth and critical-mineral technologies requires more than simply identifying or mining a resource. Valuable metals must first be unlocked from complex feedstocks and transferred into controlled, stable process solutions. Those solutions should then be selectively disassembled and upgraded into products that meet the downstream market requirements.
Traditional rare earth purification can involve large centralized facilities, multiple solvent-extraction steps, significant reagent inventories, and highly feed-specific process designs. These characteristics can make conventional refining difficult to deploy economically at small projects, remote mines, recycling operations or industrial-waste sites.
By combining RJOLV’s proprietary hydrometallurgical platform with Alchemio’s downstream separation and refining technology, the companies aim to address both ends of the processing chain and create a project-specific path toward pilot validation, licensing, and commercial deployment.
Alchemio’s molecular-detection separation technology
Alchemio is developing a modular rare earth separation and purification platform based on selective media and molecular-detection technology.
Since rare earth elements exhibit similar chemical behavior in solution, selective separation can be technically challenging. Alchemio’s approach aims to create selective binding environments for target ions and enable modular recovery and product upgrading from appropriately conditioned process solutions.
Alchemio’s modular molecular-detection platform aims to reduce the footprint and capital intensity of traditional rare earth separation, while enabling resource owners to retain a larger share of downstream product value. Alchemio publicly reports growth targets that include smaller facilities up to 200x, potential separation-circuit capital reductions of up to 80%, and potential incremental profit improvements for participating miners of up to 50%. These targets are based on Alchemio’s internal estimates and are subject to confirmation through feed-specific testing, engineering, scale-up and independent economic validation.
Alchemio’s capabilities and international recognition
Alchemio has assembled a multidisciplinary team with experience in rare earth separation, hydrometallurgy, molecular science, chemistry, process design, engineering and technology commercialization.
Alchemio has reported international recognition through UC Berkeley Skydeck, Cleantech Group’s LATAM Cleantech 25, Hello Tomorrow’s Deep Tech Pioneer Program, and other innovation platforms.
Duane Nelson, President and Chief Executive Officer of RZOLV Technologies, commented: “This LOI is an important step in forming a strategic relationship with Alchemio and advancing RZOLV’s commercialization strategy in rare earths and critical minerals. RZOLV’s proprietary hydrometallurgical platform is designed to unlock and mobilize metals from complex feedstocks, optimize extraction performance, and generate stable process solutions for downstream recovery.
“Alchemio’s complementary molecular-detection technology can enhance that capability through selective separation, purification, and product upgrading. Together, we intend to evaluate a more complete modular platform and, if supported by the results, move toward project-specific pilots, licensing, and commercial deployment.”
Angel Centeno, Chief Executive Officer of Alchemio, commented: “RZOLV’s ability to unlock rare earths and associated critical minerals from complex feedstocks and produce stable, conditioned process solutions addresses a key need for effective downstream separation.
“Combining RJOLV’s extraction platform with Alchemio’s molecular-detection technology provides an opportunity to evaluate integrated solutions for selected feedstocks and create a disciplined path toward joint development and commercialization.”
Potential Commercialization Pathways
If the collaboration yields positive results, RZOLV and Alchemio may consider negotiating one or more further arrangements, including:
- a joint development agreement;
- a project-specific pilot agreement;
- a project-specific special purpose vehicle;
- a commercial joint venture;
- Technology licensing, supply or customer-specific deployment agreements.
Any future development, financing or commercialization arrangements will be subject to definitive written agreements.
About Alchemio
alchemio is an Argentina-based deep tech company that is developing a modular rare earth separation and purification platform based on selective media and molecular-detection technology. Its platform aims to optimize various rare earth sources and enable selective capture, purification and upgrading of soluble rare earth elements into high-value products. Laboratory results show over 87% recovery efficiency under controlled conditions. The modular configuration is designed to reduce processing steps and physical footprint compared to traditional solvent extraction methods.
Alchemio’s multidisciplinary team combines experience in rare earth separation, hydrometallurgy, molecular science, chemistry, engineering, process scale-up and technology commercialization. The company has gained international recognition through cleantech, deep-tech, academic and corporate innovation programs.
About RZOLV Technologies Inc.
RJOLV Technologies Inc. is developing and commercializing a proprietary non-cyanide aqueous regenerative hydrometallurgical platform for the recovery of precious metals, base metals and selected critical minerals from ores, concentrates, tailings, spent process materials and secondary resources.
RZOLV’s platform is designed around controlled dissolution, complexation, pH and ORP management, downstream metal recovery and closed-loop solution management. The company is pursuing strategic relationships and project-specific validation programs aimed at supporting the commercialization of precious metals, base metals, critical minerals and rare earth elements (REEs) where conventional processing may be hindered by metallurgy, environmental requirements, capital intensity or permitting considerations.
For further information please contact:
duane nelson
Chairman & CEO
RZOLV Technologies Inc.
Phone: +1-604-332-2662
Email: [email protected]
Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, statements regarding the proposed strategic collaboration between RZOLV and Alchemio; selection and availability of candidate feedstocks; RZOLV’s ability to dissolve or mobilize rare earth elements and associated critical minerals and generate stable or suitable process solutions; Alchemio’s ability to selectively capture, separate, purify, concentrate or upgrade rare earth elements from RZOLV-generated solutions; Potential development of an integrated modular rare earth and critical minerals recovery flowsheet; potential negotiation of joint development agreements, pilot agreements, joint ventures, special purpose vehicles, licensing, supply or customer-specific deployment arrangements or other commercial structures; and the potential technical, economic, environmental, strategic or commercial benefits of the proposed collaboration.
Forward-looking information is based on management’s current expectations, estimates, assumptions and projections and is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. These risks include, among other things, the possibility that suitable feedstock will not be identified or made available; That test work will not demonstrate acceptable dissolution, selectivity, solution stability, impurity handling, media compatibility, product quality or reagent performance; Laboratory results will not be replicated on a pilot or commercial scale; Additional conditioning or processing steps will be required; That process economics will not support commercialization; Environmental, safety, radionuclide, tailings-management, water-treatment or permitting requirements will be more extensive than anticipated; that the parties will not agree on future budget, intellectual property rights, cost sharing, exclusivity or commercial terms; Or that the LOI will be terminated without any further agreement.
The combined RZOLV-Alchemio process has not been demonstrated commercially. Technical performance, recovery, selectivity, capital and operating costs, environmental benefits, product quality and commercial feasibility will be feed-specific and should be established through representative test work, engineering, pilot-scale validation and independent review. Readers should not place undue reliance on forward-looking information. RZOLV undertakes no obligation to update forward-looking information except as required by applicable law.
Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
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