Statement from Element Zero

Element Zero believes the Fortescue legal action is entirely without merit and welcomes the opportunity to respond to Fortescue’s spurious claims. Our response will include an application to vary or set aside the original search orders.

As Element Zero will demonstrate, its green metals technology was developed independently of and is very different from anything that Fortescue is doing or has done in this space. We continue to rapidly advance our technology.

As the matter is now before the court, we will not be making further comment at this time.

MICHAEL MASTERMAN
Founder and CEO

For further information please contact Clive Mathieson clive@catoandclive.com