Kobe Steel and its US subsidiary Midrex Technologies have terminated their Alliance Agreement with ZincOx Resources.
The groups were to collaborate on the process, equipment design and engineering for electric arc furnace dust recycling plans using the Fastmet and Fastmelt pocess jointly owned by Kobe and Midrex.
Midrex also said it had terminated its license agreement with Zinc and Iron Recycling of Ohio, a subsidiary of ZincOx. The agreement granted the ZincOx subsidiary the license to use technology related to the Fastmet process.