SciDev Ltd. (fka SDVLF)

[DFLY]

NEWS..5 mil dollar payment to Intec made and partnership with JX Nippon Mining and Metals..

JX NIPPON PAYMENT RECEIVED

Intec Ltd (ASX code: INL) advises that it has today received the payment of $5 million (plus GST) from JX Nippon Mining & Metals Corporation referred to in our ASX announcement of 17 November 2010.

Yours faithfully
Intec Ltd
Philip R Wood
Managing Director and Chief Executive Officer

AGREEMENT WITH JX NIPPONIntec Ltd (ASX code: INL) advises that Intec and JX Nippon Mining & Metals Corporation (“JX
Nippon”) have entered into an Agreement as follows.
Both Intec and JX Nippon have patent portfolios in the field of halide-based hydrometallurgy for the
processing of base and precious metals. Under the Agreement, Intec and JX Nippon will cross-license
each other with these patent portfolios, inclusive of a A$5 million payment by JX Nippon to Intec.


About Intec Ltd
Intec Ltd is an Australian company which owns the Intec Process for superior and sustainable metals production. The Intec
Process comprises a set of patented chloride-based hydrometallurgical processes that have been demonstrated to produce
high purity base and precious metals from concentrates of sulphide and oxide ores, tailings and industrial wastes. The Intec
Process has substantial environmental and cost advantages over both the widely used conventional smelting and refining
processes and other known hydrometallurgical processes.