Acceleware's Groundbreaking Feasibility Studies
CALGARY, Alberta — Acceleware Ltd. (TSX-V: AXE) is thrilled to embark on two intriguing feasibility studies in collaboration with BHP. These studies aim to explore the techno-economic potential of Acceleware’s revolutionary EM Powered Heat technology in mineral processing and drying applications.
CEO Insights on Transformative Technology
Geoff Clark, Chief Executive Officer of Acceleware, expressed enthusiasm about the studies, stating, “Both studies are new and exciting opportunities to demonstrate how our EM Powered Heat technology can transform minerals processing.” The strategic goal is to provide cost-effective heating solutions that enhance production in the mining industry. With successful outcomes from the potash dryer prototype, the company eagerly anticipates advancing techniques for iron ore drying and heap leach heating, thereby unlocking numerous growth possibilities in mineral processing.
First Study: Enhancing Iron Ore Processing
The initial study focuses on applying radio frequency (RF) energy via Acceleware’s EM Powered Heat platform to effectively reduce moisture content in iron ore sourced from the Pilbara region. Moisture reduction is crucial for minimizing delays in processing plants, which can significantly impact production times and costs. This project will encompass a comprehensive analysis of how to optimally apply RF energy for drying procedures and work closely with clients to integrate this heating process within existing operational flows.
Collaboration and Optimization
In this study, Acceleware will collaborate with industry partners to identify the best strategies for applying RF energy. Key tasks will involve determining methods for RF application that enhance efficiency while blending seamlessly with traditional processes already in place, potentially boosting overall productivity.
Second Study: Improving Copper Production
The second feasibility study shifts focus to the copper industry, where Acceleware will evaluate the application of RF energy to enhance efficiency during the heap leaching of copper in Chile. Existing research indicates a correlation between higher heap temperatures and improved yields, providing a compelling case for temperature optimization in heap leaching processes. Currently, there are approximately 200 active heaps globally producing valuable metals such as gold, copper, silver, and nickel, with an annual copper yield estimated at US$41 billion.
Decoding Methods for RF Energy Implementation
This study will investigate various methodologies to effectively elevate and maintain the heap's temperature. Potential strategies include direct heating of the ore or heating the solution used for copper extraction, or even a combination approach. By refining these methods, Acceleware aims to improve recovery rates and reduce operational costs within the copper production sector.
About Acceleware Ltd.
Acceleware stands at the forefront of innovation in electromagnetic heating, offering advanced RF power-to-heat solutions catering to sizable industrial applications. The technology not only paves the way for electrification but also aids in decarbonizing industrial heating processes, thereby contributing to reduced costs and enhanced sustainability.
Partnerships and Future Developments
The company actively engages with a consortium of leading potash companies to lower operational expenses and carbon footprints associated with potash drying. One of the highlights of their innovative approach is the patented Clean Tech Inverter, which aims to significantly boost amine regeneration efficiency while exploring further RF heating applications.
BHP's Commitment to Innovation
Acceleware's studies are aligned with BHP's Think & Act Differently (TAD) program, a global initiative aimed at fast-tracking technologies that enhance efficiency, sustainability, and safety in mining operations. BHP collaborates with innovators, research institutions, and industry players under this program, focusing on vital challenges like ore processing, energy transition, and overall decarbonization initiatives. This collaborative effort aims to foster scalable solutions across BHP's operations globally.
Contact Information
For further information related to Acceleware Ltd. and its innovative pursuits, please reach out to:
Acceleware Ltd.
Geoff Clark
Chief Executive Officer
geoff.clark@acceleware.com
www.acceleware.com
Frequently Asked Questions
What are the objectives of Acceleware's studies with BHP?
The studies aim to assess the economic viability of utilizing Acceleware’s EM Powered Heat technology in improving mineral processing and drying applications.
How does RF energy benefit mineral processing?
RF energy helps in reducing moisture levels and enhancing processing efficiency, leading to faster production times and cost reductions.
What is Acceleware's approach to sustainability?
Acceleware focuses on decarbonizing industrial heat applications by implementing advanced electromagnetic heating technologies that maximize efficiency while minimizing emissions.
How significant is BHP's TAD program?
BHP's TAD program plays a crucial role in advancing global innovations aimed at improving mining efficiency and sustainability through collaborative efforts with various stakeholders.
How can I contact Acceleware for more information?
Interested parties can reach Geoff Clark, CEO, at geoff.clark@acceleware.com or visit their official website at www.acceleware.com for more details.
