Sunday, December 15, 2024

Parkway Minerals: Purchases tech to target coal seam gas sector

Parkway Minerals: Purchases tech to target coal seam gas sector

  • Parkway Minerals (PWN) has purchased integrated Brine Causticisation (iBC) technology to help target the coal seam gas (CSG) sector
  • This technology also will assist in the processing of high carbonate and bicarbonate brines found in the CSG industry
  • The iBC technology also integrates with Parkway’s aMES technology, assisting in the production of saleable products from pre-treated waste brine streams
  • Following the purchase, Parkway Minerals will relocate the iBC pilot plant to Victoria University, where a program will undertaken
  • Inventor, John Worsley will assist in the commercialisation of the iBC technology
  • On market close, Parkway Minerals is up 33.3 per cent and is selling shares for 0.8 cents each

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