COLDry Lignite-Nitrogen Fertiliser Demonstration

Environmental Clean Technologies Limited (ASX: ECT) ("ECT" or "the Company") is pleased to announce the signing of the Joint Venture Agreement (JVA) with ESG Agriculture, advancing from the Heads of Agreement signed in July 2024. This marks a significant milestone in the progression of the COLDry Lignite-Nitrogen Fertiliser Project (“Project”).

Highlights:

Joint Venture Agreement (JVA) with ESG Agriculture signed, building on the Heads of Agreement from July 2024
Bacchus Marsh lignite-nitrogen fertiliser project targeting initial production of 30,000 tonnes per annum, increasing to 50,000 tpa
Non-dilutive working capital loan application in progress
Non-dilutive project financing under negotiation
Field trials poised to commence, focused on securing off-take agreements.

Following the successful commissioning of the COLDry demonstration plant in December 2023, ECT explored various project pathways in late 2023 and early 2024. Lignite-nitrogen fertiliser was identified as the fastest and most cost-effective avenue for revenue generation, positioning the agriculture application as the key focus for commercialisation.

Project Overview

The Project targets annual production of 30,000 tonnes per annum of lignite-blended nitrogen fertiliser, with the ability to increase to 50,000 tonnes per annum, based on the current plant capacity and design. This represents a major shift in ECT's efforts, evolving from a technical demonstration of the COLDry process into a commercial initiative.

The Project offers farmers a sustainable and cost-effective solution by incorporating lignite into the fertiliser, reducing urea usage by 50%, and drying the blended, granulated product using ECT’s patented COLDry technology. The fertiliser is designed to lower nitrogen emissions, enhance crop yields, and mitigate environmental impacts.

Following the completion of field trials, ECT expects to formalise off-take agreements and generate revenue ahead of the planned Phase 1 expansion to 50,000 tonnes per annum.

Signing of Joint Venture with ESG Agriculture

The Joint Venture Agreement (JVA) with ESG Agriculture marks the next phase in the collaboration following the success of the Heads of Agreement. ECT and ESG Agriculture have committed $500,000 in equity (50/50 split) to establish the joint venture entity, which will oversee production and lead field trials for the lignite- nitrogen fertiliser.

Sam Rizzo, ECT’s Managing Director, commented:

“Our partnership with ESG Agriculture builds on the successful commissioning of our COLDry demonstration plant, moving our technology into the commercial arena. This joint venture will showcase the effectiveness of lignite-blended nitrogen fertilisers and unlock new growth opportunities in agriculture, offering farmers a sustainable and cost-efficient solution.”

Engineering and Field Trials

The Project continues to make strong progress, having previously achieved a key technical milestone with the successful independent testing that validated the blending and drying of lignite with nitrogen fertiliser. The Project will shortly enter field trials across major South Australia, Victoria, New South Wales, and Queensland agricultural regions.

The field trials, supported by Memoranda of Understanding (MOU’s) with major agricultural stakeholders, aim to convert successful outcomes into binding offtake agreements, transforming the trials into commercially bankable results.

Financial and Operational Progress

To support the project’s execution, ECT is finalising a loan secured against its Yallourn property. This non- dilutive working capital will provide funding through the field trials phase. Concurrently, ECT is negotiating a project loan to enable the commencement of construction.

ECT remains focused on a financing strategy prioritising non-dilutive options to protect shareholder value. This will enable the Company to meet key milestones, including construction, field trials, and the start of commercial production.

Click here for the full ASX Release

This article includes content from Environmental Clean Technologies Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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High-purity Silica: Key Material Powering Tech, Solar and Investment Growth

Silica, or silicon dioxide, is a fundamental component in various industries, serving as a critical material in applications ranging from construction to high-tech sectors.

Its versatility and unique properties make it indispensable in modern manufacturing and technology. However, beyond its industrial significance, silica represents a compelling investment opportunity, particularly in its high-purity form.

As the global economy transitions toward clean energy, advanced electronics, and next-generation communication technologies, the demand for high-purity silica is skyrocketing. Companies that can secure and supply this essential raw material stand to benefit from long-term growth and increasing market valuations.

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Sample #	Easting (m)	Northing (m)	SiO₂ (%)	Al₂O₃ (%)	CaO (%)	Fe₂O₃ (%)	MgO (%)	P₂O₅(%)	TiO₂(%)	B (ppm)
299516	509114	5685249	99.41	0.11	0.02	0.39	0.01	<0.01	<0.01	6
299517	509193	5685166	98.84	0.14	0.01	0.23	0.02	<0.01	<0.01	8
299518	509314	5685171	99.20	0.10	0.01	0.25	0.02	<0.01	0.01	10
299519	509350	5685151	98.26	0.12	0.01	0.35	0.01	<0.01	0.01	15
299520	509369	5685129	99.20	0.13	0.01	0.21	<0.01	<0.01	0.03	16
299521	509395	5685107	99.17	0.15	0.01	0.27	0.02	<0.01	0.01	8
299522	509418	5685094	98.78	0.23	0.02	0.26	0.01	<0.01	0.01	12
299523	509442	5685075	98.59	0.14	0.02	0.26	<0.01	0.01	0.01	12
299524	509450	5685043	99.74	0.07	0.01	0.30	0.01	0.01	0.01	6
299525	509471	5685019	98.58	0.04	0.01	0.36	0.01	0.01	0.01	7
299526	509482	5684990	99.25	0.14	0.02	0.27	0.04	0.01	0.01	7
299527	509500	5684961	99.66	0.16	0.02	0.31	0.02	0.01	0.01	7
299528	509515	5684938	99.21	0.14	0.01	0.32	0.02	0.01	0.01	7
299529	509538	5684911	99.13	0.11	0.01	0.27	0.03	0.01	0.01	21
299530	509561	5684862	98.18	0.25	0.01	0.31	0.03	0.01	0.01	7
299531	509598	5684823	98.93	0.27	0.02	0.36	0.03	0.01	0.01	7
299532	509583	5684759	98.99	0.09	0.01	0.30	<0.01	0.01	0.01	7
299533	509619	5684743	98.72	0.16	0.01	0.35	0.02	0.01	0.01	14
299534	509641	5684726	98.18	0.30	0.01	0.33	0.04	0.01	0.02	15
299535	509712	5684697	99.41	0.13	0.01	0.30	0.02	0.01	0.01	7
299536	509736	5684685	99.27	0.11	0.01	0.33	0.02	0.01	0.01	7
299537	509764	5684670	98.58	0.13	0.02	0.36	0.03	0.01	0.02	8
299548	509306	5685510	99.32	0.14	0.01	0.29	0.01	0.01	0.01	18
299560	509476	5685127	98.99	0.13	0.01	0.32	0.03	0.01	0.02	27
299561	509472	5685107	99.01	0.05	0.01	0.32	0.01	0.01	<0.01	18
299562	509457	5685115	98.74	0.15	0.01	0.26	0.01	0.01	0.02	28
299563	509439	5685112	98.35	0.20	0.02	0.34	0.02	0.01	0.01	27
299564	509459	5685092	99.20	0.09	0.01	0.32	<0.01	0.01	0.01	21
299565	509487	5685107	99.49	0.09	0.01	0.28	0.03	0.01	0.02	28
299566	509490	5685083	98.48	0.25	0.02	0.35	0.01	0.01	0.01	26
299567	509503	5685071	99.03	0.11	0.02	0.34	0.02	0.01	<0.01	21
299568	509477	5685067	99.16	0.10	0.01	0.30	<0.01	0.01	<0.01	18
299569	509478	5685044	98.68	0.10	0.01	0.32	0.03	0.01	<0.01	20
299570	509506	5685041	98.46	0.43	0.02	0.32	0.06	0.01	0.01	29
299571	509523	5685054	98.81	0.13	0.01	0.31	0.03	0.01	0.01	22
299572	509382	5685160	98.42	0.09	0.01	0.29	0.01	0.01	0.01	23
299573	509397	5685160	98.92	0.11	0.01	0.36	<0.01	0.01	<0.01	18
299574	509406	5685142	99.12	0.09	0.01	0.30	0.02	0.01	<0.01	17
299575	509409	5685120	98.56	0.14	0.01	0.37	<0.01	0.01	<0.01	21
299581	509357	5685172	98.84	0.08	0.02	0.32	<0.01	0.01	0.01	18
299582	509429	5685142	98.87	0.15	0.01	0.29	<0.01	0.01	0.02	8
299583	509446	5685146	98.25	0.33	0.02	0.33	0.03	0.01	0.03	17
299584	509455	5685145	99.49	0.11	0.02	0.27	<0.01	0.01	0.01	5
299585	509473	5685142	98.66	0.08	0.01	0.36	<0.01	0.01	<0.01	6
299586	509493	5685133	98.52	0.05	0.01	0.29	<0.01	0.01	<0.01	<5

Sample #	Easting (m)	Northing (m)	SiO₂ (%)	Al₂O₃ (%)	CaO (%)	Fe₂O₃ (%)	MgO (%)	P₂O₅(%)	TiO₂(%)	B (ppm)
248351	511603	5682006	98.60	0.28	0.08	0.25	0.04	0.01	0.01	15
248352	511563	5681948	99.45	0.15	0.02	0.22	0.02	0.01	<0.01	6
248353	511552	5681948	99.01	0.19	0.03	0.29	0.04	0.01	0.01	9
248354	511551	5681951	99.09	0.11	0.02	0.22	0.03	0.01	0.01	6
248355	511530	5681940	98.74	0.09	0.02	0.23	<0.01	0.01	<0.01	6
248356	511522	5681942	98.82	0.08	0.01	0.31	<0.01	0.01	<0.01	<5
248357	511512	5681951	98.31	0.09	0.01	0.24	0.01	0.01	0.01	5
248358	511485	5681948	98.14	0.13	0.28	0.32	0.03	0.01	0.01	8
248359	511461	5681935	99.49	0.11	0.02	0.30	0.02	0.01	<0.01	10
248360	511436	5681932	99.06	0.03	0.05	0.25	0.01	0.02	<0.01	5
248361	511444	5681918	99.42	0.07	0.01	0.29	0.02	0.01	<0.01	6
248362	511440	5681942	97.83	0.32	0.73	0.36	0.03	0.03	0.01	8
248364	511374	5682002	98.43	0.09	0.43	0.36	<0.01	0.16	<0.01	<5

Sample #	Easting (m)	Northing (m)	SiO₂ (%)	Al₂O₃ (%)	CaO (%)	Fe₂O₃ (%)	MgO (%)	P₂O₅(%)	TiO₂(%)	B (ppm)
248384	513642	5680350	98.22	0.37	0.21	0.41	0.14	0.02	0.03	27
248385	513671	5680320	95.82	0.57	0.69	0.51	0.52	0.02	0.03	30
248386	513685	5680313	97.77	0.48	0.05	0.37	0.05	0.01	0.03	30
248387	513708	5680285	98.90	0.36	0.02	0.35	0.04	<0.01	0.03	30
248388	513735	5680261	98.11	0.32	0.03	0.31	0.04	<0.01	0.03	35
248389	513748	5680244	98.05	0.49	0.03	0.30	0.03	<0.01	0.01	28
248390	513654	5680223	98.91	0.13	0.01	0.27	0.04	<0.01	0.01	29
248391	513627	5680208	98.74	0.09	0.02	0.30	0.02	<0.01	0.02	27
248392	513600	5680217	99.52	0.06	0.02	0.32	0.03	<0.01	0.01	23
248393	513564	5680220	96.98	1.04	0.05	0.33	0.07	0.03	0.07	41
248394	513592	5680259	98.91	0.30	0.13	0.35	0.13	<0.01	0.02	31
248395	513390	5680466	99.26	0.11	0.02	0.35	0.03	<0.01	0.01	25
248396	513367	5680495	98.81	0.12	0.07	0.34	0.04	<0.01	0.01	25
248397	513332	5680531	99.25	0.08	0.02	0.37	0.01	<0.01	0.01	26
248398	513301	5680539	99.08	0.15	0.21	0.33	0.04	<0.01	0.01	27
248399	513283	5680559	98.76	0.07	0.09	0.36	0.02	<0.01	0.01	22
248400	513263	5680602	98.77	0.08	0.01	0.29	<0.01	<0.01	0.01	24
299501	513231	5680636	98.14	0.15	0.02	0.41	0.02	<0.01	0.01	26
299502	513188	5680660	99.05	0.20	0.02	0.27	<0.01	<0.01	0.01	27
299503	513160	5680700	99.07	0.16	0.02	0.31	0.02	<0.01	0.01	27
299504	513133	5680705	98.85	0.13	0.02	0.26	0.01	<0.01	0.01	26
299508	513834	5679986	98.68	0.15	0.03	0.26	0.02	<0.01	0.01	21
299509	513876	5679941	98.88	0.23	0.03	0.27	0.04	<0.01	0.03	34
299510	513904	5679907	99.08	0.05	0.02	0.29	<0.01	<0.01	0.01	11
299511	513968	5679864	99.82	0.15	0.02	0.27	0.02	<0.01	0.01	23
299512	514023	5679832	99.21	0.12	0.02	0.29	0.03	<0.01	0.03	10
299513	514070	5679980	97.08	1.11	0.02	0.75	0.09	0.01	0.05	18
299514	514081	5680011	96.66	1.27	0.02	0.43	0.05	0.01	0.07	26
299515	514075	5680039	98.58	0.26	0.07	0.45	0.07	0.01	0.03	14

Channel	From (m)	To (m)	Interval (m)	SiO₂ (%)	Al₂O₃ (%)	CaO (%)	Fe₂O₃ (%)	MgO (%)	P₂O₅(%)	TiO₂(%)	B (ppm)
TM1	0.00	4.74	4.74	98.83	0.15	0.01	0.30	0.01	0.01	0.01	24
TM2	0.00	5.80	5.80	98.88	0.10	0.01	0.33	0.01	0.01	0.01	10
5.80	6.30	0.50	Overburden
6.30	8.83	2.53	98.90	0.10	0.01	0.30	0.01	0.01	0.02	7
8.83	9.38	0.55	Overburden
9.38	13.0	3.62	99.21	0.09	<0.01	0.35	0.01	0.01	0.02	11
TM3	0.00	7.60	7.60	99.03	0.11	<0.01	0.32	0.01	0.01	0.02	7
7.60	10.20	2.60	Overburden
10.20	11.00	0.80	99.08	0.11	<0.01	0.27	0.01	0.01	0.02	6
11.00	11.90	0.90	Overburden
11.90	18.00	6.10	98.79	0.11	<0.01	0.29	<0.01	0.01	0.02	10
TM4	0.00	5.22	5.22	99.09	0.09	<0.01	0.33	<0.01	0.01	0.02	12
TM5	0.00	3.80	3.80	98.82	0.15	<0.01	0.29	<0.01	0.01	0.04	15
3.80	4.50	0.70	Overburden
4.50	7.00	2.50	98.85	0.12	<0.01	0.31	0.02	0.01	0.02	20
7.00	10.20	3.20	Overburden
10.20	12.00	1.80	98.77	0.09	<0.01	0.34	0.01	<0.01	0.01	12
12.00	13.00	1.00	Overburden
13.00	17.50	4.50	98.30	0.15	0.09	0.34	0.02	<0.01	0.01	13
17.50	20.10	2.60	Overburden
20.10	33.20	13.10	98.81	0.11	<0.01	0.31	0.01	<0.01	0.01	9

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