About Us

We use our proprietary technology to create value for investors and society by monetising waste and contributing to the decarbonisation of the metals and mining industry.

Our strategy is to roll out our technology across the mining and metals industry by partnering with major global companies, particularly in the iron ore and steel sectors, to reduce emissions and to share in the value we can create. In addition, we develop projects ourselves where there is an opportunity to reclaim value from historic waste materials .

Our technology has wide applicability across numerous metals and minerals, and we are focussed on partnering with iron ore and steel companies given the scale of the opportunity to reduce emissions from one of the largest carbon emitting sectors.

Find out more about how our technology works.


We have a highly experienced Board and senior management team with a proven track record in building businesses and developing technologies


Julian Lee  CEO

Julian is a serial entrepreneur and investor focused on technology companies. Julian co-founded a digital marketing firm (sold to a Plc) and founded a number of businesses in the medical devices, drug development, IP commercialisation and IT sectors. More recently Julian has focused on natural resources, founding African Resource Capital and co-founding Nigrex Holdings.

He qualified as a Chartered Accountant with Deloitte & Touche before working in corporate finance and venture capital and then setting out as an entrepreneur. Julian has a law degree from Cambridge.

Iain Martin Chairman

Iain was formerly director of Innovation and Technology at Johnson Matthey where he was responsible for focusing on the effective development and commercialisation of new products from inception through to commercial deployment. He has 30 years’ experience working in chemical engineering, technology commercialisation, IP development and licensing. He designed and commissioned a variety of chemical technologies worldwide, before moving on to more commercial and subsequently technology management positions across the Johnson Matthey organization.

Iain now consults across a range of sustainable industries including carbon capture and hydrogen production technology.  Iain graduated from University of Manchester Institute of Science and Technology and is a Fellow of the Institution of Chemical Engineers.

Julian Treger Director

Julian is a successful investor with a strong track record of investing in and growing businesses. He was most recently CEO and Executive Director of Anglo Pacific, where over 9 years he grew the company from owning a single producing royalty to controlling a portfolio of 15 royalty and streaming assets in commodities exposed to the energy transition.
He began his career working for Rothschild as an in-house corporate financier, managing a portfolio of public and private equity investments before co-founding Active Value Advisors Ltd. to invest in undervalued, predominantly UK-listed companies, where he advised on more than US$900m of funds over a 12-year period.
Julian is also one of the principals of Audley Capital Advisors LLP, an investment advisory firm, which he co-founded in 2005, managing value-orientated, special situations investment strategies through hedge fund and co-investment vehicles, with a principal focus on the natural resources sector.
Julian has an MBA from Harvard Business School and a BA from Harvard University.

Alexandre Belleau  Director

Alex serves as COO of Champion Iron Limited, a listed Canadian iron ore company that is in the process of developing the Bloom Lake mine in Québec, Canada to a 15Mtpa iron or concentrate operation. Alex was instrumental in the successful recommissioning and operation of the Bloom Lake mine and recently held the title of General Manager of Projects and Innovation.

Alexandre holds a Bachelor of Mechanical Engineering degree from the Université de Sherbrooke and is an executive member of the Quebec Mining Association.

Michael Post  Director

Michael is a cross-discipline executive who serves on several boards across various industries. His previous role was as COO for Capita Workforce Management, a human capital management focused software company. Michael was also instrumental in building Capita Identity Solutions, a provider of know-your-customer checks for financial services and other companies, age verification in regulated markets, anti-money laundering and sanctions monitoring.

While at Capita Identity Solutions, Michael was an associate member of the Digital Policy Alliance in the Age Verification workstream. The Digital Policy Alliance (EURIM) is the politically neutral, cross-party policy voice of the internet and technology sector.

senior management

Richard Joyce Head of Technology

Richard is an experienced chemist and has worked on the technology since its inception. Having previously headed laboratory operations and worked for Tarmac Lafarge, Richard now conducts R&D, binder formulation and larger scale trials for customers both at the lab and on site.

He is also a member of the Institute of Quarrying and a member of the Institute for Asphalt technology. 

Russell Kaschula COO

Brings extensive international experience from a number of management roles in manufacturing, construction and architectural products, as well as process engineering.

He was Commercial Director at Croda Universal Ltd, before joining GKD Group where he rose to UK Managing Director. After 16 years at GKD he joined Lansinoh Laboratories where he was Head of Global Corporate Planning for two and a half years before founding Inosus Facades Ltd, an ethical start up focussed on sustainable architectural cladding products.  

He holds a Dip. Pharm in Pharmacology, Medicinal Chemistry and Pharmacy from Natal Technical College (RSA), and an MBA in Finance and Strategy at the University of KwaZulu-Natal. More recently he completed his MA in Leading Innovation and Change from York St John University.

Thomas Brown  Business Development & Finance

Tom completed his undergraduate studies at the University of Manchester and postgraduate at the Sorbonne, Paris in 2015 with an MSc. in Economics and a Masters in Finance. Tom has worked for Binding Solutions Limited since its inception. He has experience with venture capital in the technology sector and investment analysis in the natural resource sector. He previously worked for African Resource Capital, an African-focused mining investment company.

Strategic partners

Materials Processing Institute – a globally recognised centre for the innovation, development and commercialisation of technology for advanced materials, industrial decarbonisation and the circular economy.

Audley Capital – An investment advisory firm focused on long-term opportunities in large scale natural resources assets where it has identified the potential to add significant value.

Innovate UK – the UK’s national innovation agency, supporting business-led innovation in all sectors, technologies and UK regions.

Mitsui & Co. Ltd. – a global trading and investment company with a strong and diverse core business portfolio covering the Mineral and Metal Resources, Energy, Machinery and Infrastructure, and Chemicals industries, and is creating multifaceted value in areas including Energy Solutions, and Healthcare & Nutrition.

BSL also works with some of the world’s largest metals and mining companies to assess the potential to deploy its technology at their operations.

Thank you for your enquiry.
We will respond within 24 hours.