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