Successfully Patenting New Materials and Processes

Patents are playing an increasingly important role in the business world. A diverse patent portfolio can enable a company to secure a monopoly within the market, which can provide a competitive advantage over competitors. At the same time, possessing a diverse patent portfolio greatly increases the value of a company's intangible assets. This paper provides an overview of the patenting process as it pertains to the fields of metallurgy and mining, and summarizes some general patenting strategies. A review of new "green technology" initiatives recently adopted by Patent Offices around the world is also provided.