SMM3 29-according to foreign media sources, battery metal company Element 25 (ASX:E25) has been approved to receive A $490000 to promote its intermittent dynamic electrolytic metallurgy (IDE) technology through renewable energy. It is reported that the funding provided by the Australian Renewable Energy Agency (ARENA) is part of a wide range of efforts to promote and develop renewable energy programmes on the African continent.
The cash injection has been designated for the first time to test the feasibility of using reusable energy to power the metal production process of Element. More specifically, the company will examine whether renewable energy solutions such as wind and solar energy can be used in electrolytic metallurgy processes, which are critical to the production of electrolytic manganese metals without affecting the quality and elasticity of the final product. If successful, the technology could have a wide range of implications, especially in the field of specialty metals and alloys. This is because electrolytic deposition allows metal to be deposited through the electroplating process using an electric current passing through the metal salt solution.
Darren Miller, CEO of ARENA, said that the resource processing industry is currently an area of low renewable energy penetration, and ARENA is helping to develop the potential of renewable energy by funding demonstration of the integration of new and emerging technologies. Provide a feasible alternative to traditional methods. According to ARENA, Element funding is the first step in a series of activities aimed at improving the relationship between the resource sector and the renewable energy market.
Australia is currently the third largest producer of manganese ore and could help change the mode of production of metals if the project shows that renewable energy is a viable option, Miller said. It could even create a new industry in Australia where Australia's low-cost renewable energy is used to process minerals rather than fossil fuel-based energy exports and processing of overseas raw materials. Manganese is needed not only by alloy and specialty metal manufacturers, but also by the lithium-ion battery industry, because manganese is a key component of batteries.
2019 (fourth) Ni-Co-Li-mn Industry chain Summit-Global Lithium Technology Symposium invites cathode materials and lithium battery enterprises to explore the new trends of industrial chain development, interpret industry policy trends, and analyze future price trends! Review 2018 with 90% of the bosses, purchasing and general workers in the industry, look forward to 2019, and imagine 2020!
Meeting details: 2019 (fourth) Ni-Co-Li-mn Industry chain Summit (click on the link to see details)
[2019 Ni-Co-Li-mn Industry chain Summit]
Boutique meeting, New year feast!
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