Among the decarbonization technology entities playing the field in Alberta is Calgary veteran Acceleware.
Founded in 2004, Acceleware deals in seismic imaging software solutions and more recently in Radio Frequency Heating Technology—or as CBC put it, “microwaving the oil out of the ground.”
Acceleware’s patented “RF XL” technology is “materially different from any heavy oil recovery technique used today,” according to the Alberta firm.
The company recently announced that it is among 10 companies selected by the Mining Innovation Commercialization Accelerator, or MICA, to attend the Chile-Canada Mining Innovation Summit on October 24 in Santiago, and will also participate in Global Mining Group’s Santiago Forum, “Igniting Action: Building the Mines of The Future Today,” this week.
“Acceleware is very excited to be heading to Santiago, Chile for these two events,” stated chief executive officer Geoff Clark, “where we will have the opportunity to network with mining companies and innovators including BHP, Codelco, Glencore, Teck, Hatch, South32, Anglo Gold and others.”
The intent of the Mining Innovation Summit is to focus on accelerating the adoption of new technologies and sustainable practices in mining.
As part of a commitment under the Canada/Chile memorandum of understanding signed at the Prospectors & Developers Association of Canada 2024 conference in Toronto, the Summit aims to advance mining sector collaboration between Canada and Chile.
“These events are specifically focused on bringing together operators and innovators who are actively working to evaluate decarbonization opportunities and deploy electrification technologies like ours,” explains Clark.
“We see a significant opportunity for our mining decarbonization technologies to be of interest there,” the CEO continued, “especially given that Chile is the world’s largest copper producer with one third of world production and reserves, and is also a leading producer of molybdenum, gold, silver and lithium.”
Last month, the company attended the 21st Annual Rice Alliance Energy Tech Venture Forum, an anchor event for the inaugural Energy and Climate Startup Week in Houston.
MICA was created in 2021 through an investment of $40 million from the Government of Canada’s Strategic Innovation Fund with an aim to connect stakeholders from a wide range of fields to accelerate the development and commercialization of innovative technologies to make the mining sector more productive and sustainable.
Acceleware trades on Canada’s TSX Venture Exchange under the trading symbol “AXE.”
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