MinExTarget “Enhanced Use of Heavy Mineral Chemistry in Exploration Targeting” is EIT RawMaterials KIC Upscaling project. Upscaling projects are intended to bring new raw materials related technologies, processes or services towards market.
In order to ensure successful commercialization of the new service developed for the mineral exploration, a spin-off company MinExTarget Oy was established on 16th December 2020.
The shareholders of the MinExTarget Oy are the project participants from Palsatech Oy and CRS Laboratories Oy.
The total budget of MinExTarget project is over 3 million euros for three years and it is coordinated by Geological Survey of Finland (GTK).