Zinc of Ireland‘s subsidiary Metallon Clean Extractions BV (Meclex) has been awarded a €734,000 (~A$1.2 million) development grant from Belgium’s Flanders Innovation & Entrepreneurship agency (VLAIO). This is non-dilutive government funding — meaning the company secures capital to advance its ARGO technology without issuing shares or diluting existing shareholders. The grant fast-tracks ARGO from its current Technology Readiness Level 4 to Pilot Plant phase (TRL 7), with testing targeted for early 2027.
Zinc of Ireland Lands €734K Grant to Fast-Track Critical Minerals Tech to Pilot

