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Bullboard - Stock Discussion Forum Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in... see more

TSXV:AXE - Post Discussion

Acceleware Ltd > Double wow, Check this out !!
View:
Post by Whampoa on Dec 03, 2024 12:10am

Double wow, Check this out !!

I learnt a couple of things from thisPDF, one in particular: 

Traditional dryer setup, fuel combustion needs to heat up the 95 tones of Ore + 10 tones of water + 5 tonnes of the drum itself   =   inefficient method vs

Lessons Learned
Drying at the molecular level results in extremely efficient energy use. Directly coupling EM energy to the target water molecules means that heat is created only where it is needed. This eliminates waste heat by eliminating heat delivery from source to application, while cutting energy input by drastically reducing the volume of material to be heated. Remaining energy input needed is electrified, reducing scope 2 emissions.
This results in the least-cost path for operators to cut emissions without increasing compliance or emissions-related costs for long-term competitive advantage.

EMPowered Heat Dryers are solid state systems designed for 20-30 year useful life span while operating around the clock. The platform can operate intermittently without any negative efficiency or cost impact. It is low maintenance and lifespan is not reduced by power cycling.

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Economically Decarbonizing Drying - Quickly

Acceleware’s development ensures design of new mineral and analogous bulk solids products based on previously tested dryers. Our process will fast track optimization for your material in parallel with dryer manufacturing. After product samples are provided by the client, electromagnetic properties are measured and used to run a series of drying simulations. Bench scale drying tests are then completed to validate the simulations. In parallel, the dryer is manufactured along with a CTI power source. Within approximately six months an optimized dryer can be ready to deploy at a client site. If desired, additional optimization and performance tests can be performed at the Acceleware lab to fine tune the design and scale the dryer up to larger sizes.

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"As a member of IMII, we are pleased to support Phase 2 of the pilot. Achieving net zero scope 1 emissions is one of the largest decarbonization challenges for conventional potash producers. The CTI technology being developed has the potential to play an exciting role in decarbonizing potash processing and could provide a pathway to reduced scope 1 emissions,"
Kathlene Jacobson Principal Innovation, BHP

A CTI commercial-scale drying platform with lower operating costs could present an opportunity for a sustainability win for the minerals industry, reducing energy and improving economics, while lowering GHGs...”
Al Shpyth Executive Director, IMII




https://www.renewablethermal.org/wp-content/uploads/2018/06/Mineral-Ore-Dryer-Use-Case.pdf
Comment by blitzer2 on Dec 03, 2024 2:12pm
Thanks for showing us that PDF  Whampoa. l had not seen seen that before and I had lost touch on when Phase 2 started. If Axe started the Phase 2 pilot EM Powered Heat Dryer in July and it takes around 6 months to build, maybe we will be getting some news on that next month ?? What do you think?
Comment by L.A. on Dec 03, 2024 9:40pm
Phase 2 was complete in July. As per the 3rd quarter results they presented the phase 2 results in July. Here is a paragraph   Acceleware continues to work toward Phase 3 of a potash ore drying project by the International Minerals Innovation Institute (“IMII”). Phase 2 findings were presented to IMII in July 2024. Phase 3 of the project includes the design, construction and ...more  
Comment by blitzer2 on Dec 04, 2024 11:28pm
Yes L.A. I got a little confused on the phase 2 and phase 3 my bad. Yes of course the phase 2 was completed in July and Axe says they are now working on the phase 3 which is the design, construction and testing of a larger shop-scale size demonstration dryer. Perhaps they will give us an update on how that is going early in the new year. 
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