Extrakt Process Solutions
Extrakt Process Solutions is a Bowling Green, Kentucky-based technology company that licenses ionic liquid-based processes for tailings dewatering, cyanide-free metal recovery, oil and bitumen extraction, and environmental remediation to mining and energy operators.
- Company typePrivate
- Founded2011
- HeadquartersBowling Green, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Extrakt Process Solutions does
Extrakt Process Solutions LLC is a privately held Kentucky-based technology company (founded 2011, headquartered in Bowling Green) that develops and licenses ionic liquid-based processes for liquid-solid separation, with applications spanning tailings dewatering, cyanide-free metal recovery, oil and bitumen extraction, and environmental remediation. Its technology stack rests on TNS (Tailings Native Solution) chemistry and ionic liquid separation, in which the ionic liquid acts as a separating fluid immiscible with hydrocarbons; this enables sharp phase separation, water-IL closed-loop recirculation via vacuum distillation, and tailings solids content above 75%. The company holds more than 40 global patents, has filed additional applications in the US and Canada, and has validated its process on samples from Alberta, Utah, Kentucky, California, Nigeria, the Democratic Republic of the Congo, Kuwait, and Canada.
Extrakt Process Solutions firmographics
Firmographics- Name
- Extrakt Process Solutions
- Legal name
- Extrakt Process Solutions LLC
- Website
- https://extraktps.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Extrakt Process Solutions is a Bowling Green, Kentucky-based technology company that licenses ionic liquid-based processes for tailings dewatering, cyanide-free metal recovery, oil and bitumen extraction, and environmental remediation to mining and energy operators.
- Ownership category
- akta.pro rank
Extrakt Process Solutions industry classification
Industry- Product category
- Mining Process Technology
- NAICS
- Other Chemical Product and Preparation Manufacturing (3259), Chemical Manufacturing (325)
- SIC
- Industrial Organic Chemicals (2860), Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Solid–Liquid Separation & Dewatering (Thickening, Filtration, Clarification) (IMAKALAF)
- akta.pro secondary industries
- Mining & Metals Process & Water Chemicals (IMAEAJAJ), In-Situ Chemical Treatment (ISCO/ISCR, Chemical Oxidation/Reduction) (EUAIALAE)
Keywords
Where Extrakt Process Solutions is headquartered
LocationHeadquarters
- HQ city
- Bowling Green
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Extrakt Process Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Technology Licensing: Licensing of proprietary ionic liquid and cyanide-free processing technology to mining and energy companies. Four-year Master Licence Agreement with Fulcrum Metals for exclusive access in Ontario.
- Pilot Plant Development Services: Pilot-scale processing and demonstration services including flowsheet development for oil extraction, oil spillage clean-up, dewatering, and metal recovery applications.
- Testing Agreements: Bench-scale and pilot-scale testing services through third-party testing agreements for various applications.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Extrakt Process Solutions product offering
Product offeringCore offering
Extrakt Process Solutions develops and licenses proprietary ionic liquid and TNS (Tailings Native Solution) chemistry technologies for liquid-solid separation in mining, oil sands, and environmental remediation applications. The company sells three core technology platforms—TNS dewatering technology, non-cyanide leach metal recovery, and ionic liquid oil/bitumen separation—primarily through licensing agreements, strategic partnerships, and pilot-scale test work services.
Product overview
Extrakt Process Solutions offers a suite of sustainable liquid-solid separation technologies built on proprietary ionic liquid chemistry and TNS (Tailings Native Solution) technology. The portfolio includes three core technology platforms: TNS Technology for tailings dewatering achieving >75% solids content, the Extrakt Non-Cyanide Leach Technology for metal recovery, and the Ionic Liquid Separation Process for oil/bitumen extraction. These technologies work synergistically to enable water recovery, metal extraction, and environmental remediation without requiring tailings ponds. The company also provides pilot-scale test work services and has secured over 40 global patents. The technologies have been validated across diverse samples including oil sands from Alberta, Utah, Kentucky, California, Nigeria, and the Democratic Republic of Congo, as well as contaminated soils from Kuwait and oil spill residues from the Deepwater Horizon disaster.
Differentiator
Problem solved
Functional benefit
Products and services
- TNS (Tailings Native Solution) Technology
- Extrakt Non-Cyanide Leach Technology
- Ionic Liquid Separation Process
- Oil/Bitumen Extraction Process
- Test Work Services
- Environmental Clean-Up Solutions
Quantifiable outcome
- Achieves solids content greater than 75% in tailings dewatering
- +2 more outcomes
Companies that use Extrakt Process Solutions
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
Extrakt Process Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Extrakt Process Solutions partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- Fulcrum MetalscoreFour-year exclusive Master Licence Agreement providing Fulcrum Metals with exclusive access to Extrakt's cyanide-free processing technology in Ontario, Canada. Partnership supports pilot plant development for the Teck-Hughes Gold Tailings Project.
- BechtelflagshipBechtel & Extrakt Alliance for global technology deployment. Bechtel is a major engineering, construction, and project management company bringing global reach to Extrakt's technology commercialization.
- TDI SolutionscorePartner in stand-alone pilot-scale processing agreements alongside Extrakt and Bechtel Energy Technologies & Solutions for processing operations.
- Bechtel Energy Technologies & SolutionscoreCollaboration with Bechtel Energy Technologies & Solutions as part of agreements for stand-alone pilot-scale processing in Ontario.
- International Industrial PartnerscoreWilliam Florman serves as President, Co-Founder & Senior Partner of International Industrial Partners. This strategic connection provides global business development capabilities across mining, metals, and technology sectors.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Extrakt Process Solutions competitors and assessment
Company assessmentBroad incumbents
- Metso: Global leader in mineral processing equipment and services, including thickeners, filters, and tailings solutions. Broad incumbent providing established mechanical separation alternatives to Extrakt's ionic liquid chemistry.
- Cyanco: World's largest producer of sodium cyanide for gold mining. As a major incumbent in cyanide leaching, Cyanco represents the established technology that Extrakt's non-cyanide leach directly competes against.
- FLSmidth: Global supplier of engineered equipment and process technologies for the mining and cement industries, including tailings management and solid-liquid separation solutions. Broad incumbent competing across Extrakt's dewatering and processing flowsheet.
- Andritz Separation: Industrial separation equipment and process solutions provider with applications in mining, mineral processing, and environmental industries. Comparable as an established separation technology incumbent.
- BASF Mining Solutions: Major global supplier of mining chemicals including reagent alternatives to cyanide and tailings treatment chemistries. Broad incumbent competitor with portfolio scale that Extrakt's niche chemistry competes against.
- Solvay Mining Chemicals: Global supplier of specialty mining and phosphoric acid process chemicals, including reagents used in mineral processing and tailings management. Comparable as a large incumbent in mining process chemicals.
Direct peers
- BQE Water: Specialist in water management and treatment for the mining sector, including tailings water and selenium removal. Directly comparable to Extrakt's tailings dewatering and mine water management value proposition.
- Clean TeQ Water: Provides water treatment and metals recovery technologies for the mining industry, including ion exchange and selective recovery processes. Comparable as an emerging technology provider addressing tailings and mine water challenges.
- Dundee Sustainable Technologies: Canadian cleantech company commercializing cyanide-free gold and silver recovery processes and tailings treatment. Most directly comparable to Extrakt on non-cyanide leaching and environmental metals recovery.
Others
- SGS Mining: Global testing, inspection, and certification company serving mining with metallurgical testing, flowsheet development, and pilot plant services. Comparable as an ecosystem enabler for bench- and pilot-scale mining technology development.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Extrakt Process Solutions social profiles
Digital presenceExtrakt Process Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Extrakt Process Solutions leadership team
Management profileNumber of profiles
Profiles2 records
Extrakt Process Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Extrakt Process Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Extrakt Process Solutions
What does Extrakt Process Solutions do?
Extrakt Process Solutions develops and licenses proprietary ionic liquid and TNS (Tailings Native Solution) chemistry technologies for liquid-solid separation in mining, oil sands, and environmental remediation applications. The company sells three core technology platforms—TNS dewatering technology, non-cyanide leach metal recovery, and ionic liquid oil/bitumen separation—primarily through licensing agreements, strategic partnerships, and pilot-scale test work services.
Is Extrakt Process Solutions a public or private company?
Extrakt Process Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Extrakt Process Solutions founded?
Extrakt Process Solutions was founded in 2011. It employs 1 to 10 people.
Where is Extrakt Process Solutions based?
Extrakt Process Solutions is headquartered in Bowling Green, United States, in the North America region.
How does Extrakt Process Solutions make money?
Three revenue lines are on record. Technology Licensing is the primary driver. The others are pilot Plant Development Services and testing Agreements.
Who are Extrakt Process Solutions's main competitors?
Broad incumbents on record are Metso, Cyanco, FLSmidth, Andritz Separation, BASF Mining Solutions and Solvay Mining Chemicals. Direct peers are BQE Water, Clean TeQ Water and Dundee Sustainable Technologies. SGS Mining is listed as an others.
Does Extrakt Process Solutions have an API?
No public API is recorded for Extrakt Process Solutions.
What industry is Extrakt Process Solutions in?
Extrakt Process Solutions's product category is Mining Process Technology. Its primary akta.pro industry code is IMAKALAF, Solid–Liquid Separation & Dewatering (Thickening, Filtration, Clarification), with a secondary code of IMAEAJAJ, Mining & Metals Process & Water Chemicals. Its NAICS code is 3259 and its SIC code is 2860.