The Conversation (0)
KWG Resources Inc. (CSE:KWG) announced that it’s moving forward with global patent protection by undertaking the national phase of filing patent claims for its gas reduction process.
KWG Resources Inc. (CSE:KWG) announced that it’s moving forward with global patent protection by undertaking the national phase of filing patent claims for its gas reduction process in the following countries: Canada, China, India, Indonesia, Japan, Kazakhstan, South Africa, South Korea, Turkey and the US.
The company’s process involves “reduc[ing] chromite ore to metallics utilizing natural gas, a carbon reductant, and a catalyst formulation.”
As quoted in the press release:
The grant of a patent will be sought for the invention in each of the countries where the method might have commercial application and viability.
An Abstract for the Torstein Utigard Memorial Symposium COM 2015 titled: Reducing energy consumption by alternative processing routes to produce ferrochromium alloys from chromite ore cites:
A techno-economic study on the new process identifies a reduction in overall energy consumption of 80% against conventional processing and approximately 40% lower than the current best practice. By utilising more natural gas than coal based energy sources, the KWG process is able to show an overall 50% reduction in greenhouse gas emissions compared with the most energy efficient current practice. The impact of the new process on future processing is therefore regarded as highly significant, with global energy reductions equivalent to the effect of completely eliminating energy demand from a country the size of Italy.
The study concluded that the potential for this process to completely revolutionise the global ferrochrome industry should not be underestimated. Its impact reaches far beyond exploitation of a regional natural resource.
Click here to read the full KWG Resources Inc. (CSE:KWG) press release.