Hatch Ltd

X-energy, TransAlta Partner to Study Deployment of Advanced Small Modular Nuclear Reactors in Alberta through Emissions Reduction Alberta Award

Retrieved on: 
Tuesday, April 2, 2024

X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and TransAlta Corporation (“TransAlta”), one of Canada’s leading power producers, announced a partnership to study the deployment of X-energy’s Xe-100 advanced small modular nuclear reactors in Alberta.

Key Points: 
  • X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and TransAlta Corporation (“TransAlta”), one of Canada’s leading power producers, announced a partnership to study the deployment of X-energy’s Xe-100 advanced small modular nuclear reactors in Alberta.
  • Supported through funding from Emissions Reduction Alberta (“ERA” or “the agency”), the study will assess the feasibility of repurposing a fossil fuel electricity generation site for an Xe-100 plant.
  • X-energy and TransAlta will be supported by Canada-based nuclear and professional engineering firms, including Hatch Ltd., Kinectrics Inc., and PCL Nuclear Management Inc.
  • X-energy aims to deploy the first advanced small modular reactor in Alberta by the early 2030s.

NOVONIX Secures Support from the Government of Canada for Cathode and Data Product Research & Development

Retrieved on: 
Tuesday, September 26, 2023

BRISBANE, Australia, Sept. 27, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, announced that its Battery Technology Solutions division in Nova Scotia, Canada is receiving up to CAD$3 million (USD$2.23 million) in research and development funding and advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

Key Points: 
  • “We are honored to receive this funding and grateful to NRC IRAP for their support,” said NOVONIX CEO, Dr. Chris Burns.
  • “Lithium-ion battery tailwinds have accelerated quickly on the back of public policy support, increasing private sector investment, and strong electric vehicle demand.
  • Funding from NRC IRAP will support the growth of the NOVONIX scientific and engineering team specializing in all-dry, zero-waste cathode synthesis.
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

NOVONIX Announces Results of Engineering Study on Proprietary All-Dry, Zero-Waste Cathode Synthesis Process

Retrieved on: 
Monday, September 11, 2023

BRISBANE, Australia, Sept. 12, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, announced today that Hatch Ltd., a global engineering consultancy firm, has delivered its report that evaluates NOVONIX’s revolutionary all-dry, zero-waste cathode synthesis process (“NOVONIX process”) with potentially significant cost and waste reduction improvements. Hatch was commissioned to conduct a commercial-scale capital and operating cost comparison study, as well as a high-level evaluation of plant emissions and impacts to natural resources between NOVONIX’s patent-pending process and the conventional, wet process (“conventional process”).

Key Points: 
  • Engineering report on NOVONIX’s proprietary cathode synthesis process highlights potential improvements over conventional cathode synthesis:
    BRISBANE, Australia, Sept. 12, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, announced today that Hatch Ltd., a global engineering consultancy firm, has delivered its report that evaluates NOVONIX’s revolutionary all-dry, zero-waste cathode synthesis process (“NOVONIX process”) with potentially significant cost and waste reduction improvements.
  • Hatch was commissioned to conduct a commercial-scale capital and operating cost comparison study, as well as a high-level evaluation of plant emissions and impacts to natural resources between NOVONIX’s patent-pending process and the conventional, wet process (“conventional process”).
  • NOVONIX’s all-dry, zero-waste cathode synthesis process was built upon Dry Particle Microgranulation, which requires fewer steps than the conventional process, while producing no sodium sulfate, reducing facility cooling water by an estimated 65% and eliminating the water needed for core materials processing.
  • The Hatch study found that NOVONIX’s process may potentially reduce power consumption by an estimated 25% and practically eliminate waste byproduct generation over the conventional process.

Defense Metals Engages Hatch Ltd. and SRK Consulting (Canada) Inc. for Wicheeda Rare Earth Element Project Preliminary Feasibility Study

Retrieved on: 
Tuesday, August 1, 2023

VANCOUVER, BC, Aug. 1, 2023 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to confirm that it has engaged Hatch Ltd. ("Hatch") and SRK Consulting (Canada) Inc. ("SRK") as principal consultants for the completion of a preliminary feasibility study ("PFS") regarding its Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada.

Key Points: 
  • VANCOUVER, BC, Aug. 1, 2023 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to confirm that it has engaged Hatch Ltd. ("Hatch") and SRK Consulting (Canada) Inc. ("SRK") as principal consultants for the completion of a preliminary feasibility study ("PFS") regarding its Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada.
  • Hatch will focus on rare earth element ("REE") concentrating and hydrometallurgical processes and plant facilities, and both capital and operating costs.
  • One-eighty Consulting Group Inc. ("One-eighty") will be responsible for the environmental studies, permitting, and social or community impact scope.
  • Hatch and SRK, as directed by Defense Metals, have agreed to a partition of responsibilities that allows each group to focus on their strengths.

LithiumBank Files Preliminary Economic Assessment Technical Report for the Boardwalk Lithium Brine Project, West-Central Alberta

Retrieved on: 
Wednesday, June 21, 2023

CALGARY, Alberta, June 21, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce the filing of the Boardwalk Lithium Brine Project Preliminary Economic Assessment (“PEA”) Technical report entitled “Preliminary Economic Assessment (PEA) for LithiumBank Resources Boardwalk Lithium-Brine Project in West- Central Alberta, Canada” effectively dated June 16, 2023, originally announced May 25th, 2023 .

Key Points: 
  • CALGARY, Alberta, June 21, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce the filing of the Boardwalk Lithium Brine Project Preliminary Economic Assessment (“PEA”) Technical report entitled “Preliminary Economic Assessment (PEA) for LithiumBank Resources Boardwalk Lithium-Brine Project in West- Central Alberta, Canada” effectively dated June 16, 2023, originally announced May 25th, 2023 .
  • In addition to the Boardwalk project, LithiumBank also holds two other development ready, district scale assets in Western Canada, Park Place (AB) & Saskatchewan.
  • “The Boardwalk PEA sets the stage for our team to pursue advanced lithium resource development in Western Canada” commented Rob Shewchuk CEO & Director of LithiumBank.
  • The PEA Technical Report was prepared by the following Qualified Persons; Roy Eccles, P. Geol.

Grounded Lithium Reports 2022 Year End Financial and Operating Results

Retrieved on: 
Wednesday, April 26, 2023

CALGARY, AB, April 26, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three and twelve month period ended December 31, 2022.

Key Points: 
  • CALGARY, AB, April 26, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three and twelve month period ended December 31, 2022.
  • Selected financial and operational information is set out below and should be read in conjunction with the Company's December 31, 2022 financial statements and the related management's discussion and analysis, which are available for review at www.sedar.com or the Company's website at www.groundedlithium.com .
  • On August 22, 2022, the Company successfully closed the reverse takeover (the "RTO") of VAR Resources Corp. ("VAR") pursuant to the Amalgamation Agreement dated February 10, 2022 among VAR, VAR Resources (Newco) Corp. and the Company.
  • On November 4, 2022 the Company completed a $3.0 million non-brokered private placement of special warrants.

KBR Awarded Front End Engineering Design Contract for Equinor Bay du Nord FPSO Project

Retrieved on: 
Monday, April 3, 2023

The agreement also includes an option for continuation of detailed design and procurement management services through to final completion of the FPSO.

Key Points: 
  • The agreement also includes an option for continuation of detailed design and procurement management services through to final completion of the FPSO.
  • The Bay du Nord FPSO is a deep-water facility utilizing industry leading technology and digital solutions to ensure safe and reliable production.
  • "We are excited to be a part of this significant project with Equinor," said Jay Ibrahim, president of KBR's Sustainable Technology Solutions business.
  • KBR adds maximum value to clients such as Equinor, by drawing on our extensive global engineering expertise and applying the latest technology and processes to deliver extraordinary outcomes."

Bentley Systems Announces Infrastructure Projects Achieve Measurable Results with LumenRT for NVIDIA Omniverse, Powered by iTwin

Retrieved on: 
Tuesday, March 21, 2023

LumenRT for NVIDIA Omniverse is the first engineering software application in the market built on Omniverse, a platform for creating and operating industrial metaverse applications.

Key Points: 
  • LumenRT for NVIDIA Omniverse is the first engineering software application in the market built on Omniverse, a platform for creating and operating industrial metaverse applications.
  • The integration of NVIDIA Omniverse and Bentley iTwin enables real-time, immersive 3D/4D experiences to enhance the visualization and simulation of infrastructure digital twins .
  • The combined capabilities are delivering new possibilities and incredible results for some of the world’s largest and most complex infrastructure projects.
  • The combination of iTwin and NVIDIA Omniverse provides an unmatched, high-performance user experience for infrastructure organizations at a scale that has previously not been possible.

Grounded Lithium Selects Koch Technology Solutions to Test Brine

Retrieved on: 
Monday, March 13, 2023

CALGARY, AB, March 13, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce we signed a Lithium Processing Test Work Program Agreement (the "Koch Agreement") with Koch Technology Solutions ("KTS"), a Koch Engineered Solutions ("KES") company.

Key Points: 
  • CALGARY, AB, March 13, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce we signed a Lithium Processing Test Work Program Agreement (the "Koch Agreement") with Koch Technology Solutions ("KTS"), a Koch Engineered Solutions ("KES") company.
  • Under the Koch Agreement, GLC's brine will be processed using KTS's proprietary Li-Pro™ technology at a KES location in Pickering, Ontario, Canada in order to determine the efficacy of Li-Pro™ for direct lithium extraction ("DLE").
  • KTS and more broadly, Koch Industries ("Koch"), is a globally recognized entity that helps create value for customers across a growing portfolio of technologies.
  • The Koch Agreement's scope includes brine characterization and pre-treatment, followed by scoping lithium loading, washing and elution testing.

Li-Cycle Receives Conditional Commitment for $375 Million Loan from the U.S. Department of Energy ATVM Program

Retrieved on: 
Monday, February 27, 2023

This is the first conditional commitment from the DOE ATVM program for a sustainable pure-play battery materials recycling company and the program’s main support for the lithium-ion battery recycling industry.

Key Points: 
  • This is the first conditional commitment from the DOE ATVM program for a sustainable pure-play battery materials recycling company and the program’s main support for the lithium-ion battery recycling industry.
  • The Loan will have a term of up to 12 years from financial close, and interest on the Loan will be the 10-year U.S. Treasury Rates from the date of each advance for the Loan.
  • “The Rochester Hub is a cornerstone asset for Li-Cycle and its stakeholders and will be an important contributor to the clean energy economy.
  • “This strategic financing achieves our commitment to execute on additional funding opportunities with debt that best optimizes our capital structure.