A$5 Million ARENA Grant Awarded to Curtin University for the Kotai Hydrogen Project
A$5 Million ARENA Grant Awarded to Curtin University for the Kotai Hydrogen Project
TORONTO, ON / ACCESSWIRE / April 9, 2024 / Velox Energy Materials Inc. (TSXV:VLX) ("Velox" or "the Company") is pleased to announce its project partner, the Hydrogen Storage Research Group at Curtin University has executed a binding funding agreement with the Australian Renewable Energy Agency ("ARENA") on 15 March 2024 for grant funding of A$5,000,000 under the Transformative Research Accelerating Commercialisation ("TRAC") Program for the Kotai Hydrogen Project ("Kotai" or "the Project").
安大略省多倫多/ACCESSWIRE/2024年4月9日/Velox能源材料公司(多倫多證券交易所股票代碼:VLX)(“Velox” 或 “公司”)欣然宣佈,其項目合作伙伴科廷大學儲氫研究小組已於2024年3月15日與澳大利亞可再生能源署(“ARENA”)簽署了一項具有約束力的資助協議,根據加速商業化的變革性研究(“TRAC”)提供5,000,000澳元的撥款資金 C”) 科泰氫能項目(“Kotai” 或 “項目”)計劃。
Highlights
A$5 million awarded under a competitive process in the ARENA Transformative Research Accelerating Commercialisation grants program that funds the commercialisation of renewable hydrogen through innovative R&D in renewable hydrogen production, storage and distribution technologies.
亮點
ARENA變革研究加速商業化補助計劃通過競爭性程序撥款500萬澳元,該計劃通過可再生氫氣生產、儲存和分配技術的創新研發,爲可再生氫氣的商業化提供資金。
The total project funding is approximately A$16.5 million, with cash and in-kind funding contributions of A$7.15 million from Curtin University, and A$4.35 million from Velox.
項目資金總額約爲1,650萬澳元,其中現金和實物資金捐款爲715萬澳元,來自Velox的435萬澳元。
The Funding will be used to:
這筆資金將用於:
Optimise the production of sodium borohydride, and the high-pressure release of hydrogen (~1000 bar);
優化硼氫化鈉的生產和氫氣的高壓釋放(~1000 bar);
Design and construction of a Pilot Plant.
試驗工廠的設計和建造。
Velox Energy Materials has an option over 100% of the IP generated in the Kotai Hydrogen Project.
Velox Energy Materials 擁有超過 100% 在 Kotai 氫氣項目中產生的知識產權的期權。
ARENA Funding and Project Endorsement
The Project is designed to advance a breakthrough hydrogen transport technology into commercial reality. The competitive ARENA grant was awarded in a A$25 million funding round that has targeted the commercialisation of renewable hydrogen through innovative R&D in renewable hydrogen production, storage and distribution technologies.
ARENA 資金和項目認可
該項目旨在將突破性的氫氣運輸技術推向商業現實。具有競爭力的ARENA補助金是在2500萬澳元的一輪融資中發放的,該輪融資旨在通過可再生氫氣生產、儲存和分配技術的創新研發,實現可再生氫的商業化。
The total project funding will be approximately A$16.5 million, with cash and in-kind funding contributions of A$7.15 million from Curtin University, and A$4.35 million from Velox over the five-year life of the Project. Curtin's contribution further validates the Project and shows its commitment to derisking and commercialising the technology. The Project will be led by internationally recognised hydrogen storage experts, Professor Craig Buckley and Associate Professor Mark Paskevicius.
項目總資金約爲1,650萬澳元,其中現金和實物資金捐款爲715萬澳元,項目五年內來自科廷大學,Velox提供435萬澳元。Curtin的貢獻進一步驗證了該項目,並表明了其對降低該技術的風險和商業化的承諾。該項目將由國際認可的儲氫專家克雷格·巴克利教授和馬克·帕斯克維奇烏斯副教授領導。
The Funding will primarily be used to support the following activities:
這筆資金將主要用於支持以下活動:
Electrochemical production of the sodium borohydride for operations at increasing scale. Includes the regeneration of Sodium Borohydride after the hydrogen has been released, creating a fully closed and recyclable circuit.
電化學生產硼氫化鈉,用於規模不斷擴大的作業。包括氫氣釋放後硼氫化鈉的再生,從而形成一個完全封閉且可回收的迴路。
Sodium borohydride materials processing and powder handling issues at bulk-scale handling and regulatory adherence. The entire supply chain will also be assessed for chemical recycling opportunities to minimise cost and reagent requirements.
硼氫化鈉材料的加工和粉末處理存在散裝處理和監管遵守方面的問題。還將評估整個供應鏈中的化學品回收機會,以最大限度地降低成本和試劑需求。
Design and construction of a Pilot Plant that will enable greater scale of commercialisation of Sodium Borohydride and resultant hydrogen gas release production facility.
設計和建造中試工廠,使硼氫化鈉能夠更大規模地商業化,由此產生的氫氣釋放生產設施。
Kotai Hydrogen Project Overview
The Project involves the research development and deployment of a technology to transport hydrogen as a powder. The powder is a salt called Sodium Borohydride that stores more hydrogen by weight and volume than liquid hydrogen, ammonia or liquid organic hydrogen carriers (LOHCs). Sodium borohydride releases hydrogen when added to water. After hydrogen is released, a by-product powder remains, called sodium borate, which is regenerated back to its hydrogen-rich form using renewable energy.
Kotai 氫能項目概述
該項目涉及研究開發和部署一種將氫氣作爲粉末運輸的技術。這種粉末是一種叫做硼氫化鈉的鹽,按重量和體積計算,它比液氫、氨或液態有機氫載體(LOHC)儲存更多的氫氣。硼氫化鈉添加到水中時會釋放氫氣。氫氣釋放後,會殘留一種叫做硼酸鈉的副產物粉末,利用可再生能源將其再生回富氫的形式。
Comparison of different methods of hydrogen export, costs are in USD from the Future of Hydrogen report prepared by the IEA.
比較不同的氫氣出口方法,成本以美元爲單位,摘自國際能源署編寫的《氫氣的未來》報告。
Production of hydrogen through electrolysis uses 57kWh per kg H2 at $0.0685 USD per kWh.
通過電解生產氫氣每千克 H 消耗 57kWh2 每千瓦時0.0685美元。
Velox's President and CEO, Simon Coyle, commented:
"Low cost and safe transport and storage of hydrogen is the largest impediment to the growth of the hydrogen sector. Velox, through subsidiary Kotai Energy and its partners, is developing a highly efficient process for the transport and storage of hydrogen.
Velox總裁兼首席執行官西蒙·科伊爾評論說:
“氫氣的低成本和安全運輸和儲存是氫氣行業增長的最大障礙。Velox正在通過子公司Kotai Energy及其合作伙伴開發一種高效的氫氣運輸和儲存工藝。
"The Kotai process being developed utilises an inert powder to store hydrogen, which can then be released on demand wherever it is required. A key feature of the process is the ability to reverse engineer the chemical reaction, allowing the spent waste spent material to be 'reloaded' with hydrogen for future re-use.
“正在開發的Kotai工藝利用惰性粉末來儲存氫氣,然後可以根據需要在任何需要的地方釋放氫氣。該過程的一個關鍵特徵是能夠對化學反應進行逆向工程,從而使廢棄的廢棄物能 “充滿” 氫氣,以備將來重複使用。
"The ARENA funding will be dedicated into optimising the reverse process and growing this through to a commercial product. The five-year funding is expected to rapidly convert lab studies into real world use cases.
“ARENA的資金將專門用於優化反向過程,並將其發展爲商業產品。這筆爲期五年的資金預計將迅速將實驗室研究轉化爲現實世界的用例。
"We are thankful to ARENA for their significant support of our shared vision in hydrogen storage and transport. We look forward to continuing to work closely with ARENA and Curtin and achieving our environmental and economical goals."
“我們感謝ARENA對我們在氫氣儲存和運輸方面的共同願景的大力支持。我們期待繼續與ARENA和Curtin密切合作,實現我們的環境和經濟目標。”
Australian Renewable Energy Agency (ARENA), CEO Darren Miller, commented:
"Funding early-stage R&D and pushing innovation was at the core of ARENA's mission in supporting the global transition to net zero emissions.
澳大利亞可再生能源署(ARENA)首席執行官達倫·米勒評論說:
“爲早期研發提供資金和推動創新是ARENA支持全球向淨零排放過渡的使命的核心。
"We're backing Australian technological innovation that helps build our clean industries and underpins our ambitions of becoming a renewable energy superpower.
“我們支持澳大利亞的技術創新,這有助於建立我們的清潔產業,並支撐我們成爲可再生能源超級大國的雄心。
"ARENA has a strong track record in funding and supporting early-stage innovation. Through our strategic priorities, we have highlighted the importance of renewable hydrogen and low emissions metals growing to become a significant export industry.
“ARENA在資助和支持早期創新方面有着良好的記錄。通過我們的戰略優先事項,我們強調了可再生氫和低排放金屬發展成爲重要出口行業的重要性。
"Innovation starts in the lab, and we have the best minds taking our decarbonisation efforts to the next level - to the benefit of all Australians through jobs, lower emissions and cheaper energy."
“創新始於實驗室,我們有最優秀的人才將我們的脫碳工作提升到一個新的水平——通過就業、降低排放和更便宜的能源,使所有澳大利亞人受益。”
Hydrogen Storage Research Group's Professor Craig Buckley, commented:
"Curtin University is focused on developing technologies and projects that will reduce greenhouse emissions and progress industry towards Net Zero. We are extremely proud to be associated with this unique, world leading technology."
氫儲存研究小組的克雷格·巴克利教授評論說:
“科廷大學專注於開發技術和項目,這些技術和項目將減少溫室氣體排放,推動行業邁向淨零排放。能與這項獨一無二的、世界領先的技術合作,我們感到非常自豪。”
Link to the ARENA announcement:
競技場公告鏈接:
Link to the Curtain University Announcement: Hydrogen project wins multi-million-dollar grant to help shift to clean energy - News at Curtin | Curtin University, Perth, Australia
鏈接到 Curtin University 公告:氫氣項目獲得數百萬美元撥款,以幫助轉向清潔能源-科廷新聞 | 澳大利亞珀斯科廷大學
About the Hydrogen Storage Research Group, Curtin University
Hydrogen Storage Research Group team (HSRG) investigates new types of materials for energy storage. The HSRG expertise in this area is used in conjunction with industry partners to provide real-world solutions to research level problems in the energy storage space. Their expertise spans multiple research fields including those of hydrogen rich materials, new battery technologies, and thermochemical energy storage materials.
關於科廷大學氫儲存研究小組
儲氫研究小組(HSRG)研究新型儲能材料。HSRG在這一領域的專業知識與行業合作伙伴共同利用,爲儲能領域的研究級問題提供現實解決方案。他們的專業知識涵蓋多個研究領域,包括富氫材料、新電池技術和熱化學儲能材料。
Professor Craig Buckley leads the HSRG and has over 30 years experience in hydrogen storage research. Professor Buckley is the Australian executive committee member for the International Energy Agency (IEA) Hydrogen Technology Collaboration Program (TCP), and an Australian expert on the IEA Hydrogen TCP Task 40: Energy storage and conversion based on hydrogen. Craig is also a Director of the Australian Association of Hydrogen Energy (AAHE) and a Board member of the Hydrogen Society of Australia.
克雷格·巴克利教授領導HSRG,在氫儲存研究方面擁有30多年的經驗。巴克利教授是國際能源署(IEA)氫技術合作計劃(TCP)的澳大利亞執行委員會成員,也是國際能源署氫氣TCP任務40:基於氫氣的能量存儲和轉化方面的澳大利亞專家。克雷格還是澳大利亞氫能協會(AAHE)的董事和澳大利亞氫能協會的董事會成員。
Mark Paskevicius is an Associate Professor in Physics at Curtin University. He is the Theme Lead for Hydrogen within the Curtin Institute for Energy Transition. He has undertaken experimental research into hydrogen-rich materials and borohydrides for the last 18 years so has immense technical knowledge in materials development and chemical processing.
馬克·帕斯克維修斯是科廷大學物理學副教授。他是科廷能源轉型研究所氫能主題負責人。在過去的18年中,他一直在對富氫材料和硼氫化物進行實驗研究,因此在材料開發和化學加工方面擁有豐富的技術知識。
About Sodium Borohydride (NaBH4)
The hydrogen-rich powder called sodium borohydride (NaBH4) that can store more hydrogen by weight and volume than liquid hydrogen, ammonia or LOHCs. This is due to the fact that when NaBH4 is added to water at its end destination it releases double the hydrogen it contains. Two molecules of hydrogen from the NaBH4, and two molecules of hydrogen from water are all released when NaBH4 turns into sodium borate (NaBO2). This results in an effective gravimetric and volumetric hydrogen density of 21.4 wt.% H2 and 137 kg H2 per m3 for each unit of shipped NaBH4 (assuming a powder packing fraction of 60 %). This means that the volumetric hydrogen density in NaBH4 is 1.28 times greater than ammonia and 1.93 times greater than liquid hydrogen.
關於硼氫化鈉(NaBH)4)
這種富含氫的粉末叫做硼氫化鈉(NaBH)4)按重量和體積計算,它可以儲存比液氫、氨或LOHC更多的氫氣。這是因爲當 naBH 時4 被添加到最終目的地的水中,釋放的氫氣是其所含氫氣的兩倍。來自 NaBH 的兩個氫分子4,當NaBH時,水中的兩個氫分子都會釋放出來4 變成硼酸鈉(NaBo2)。這導致有效的重量和體積氫密度爲 21.4 wt.% H2 和 137 千克 H2 每 m3 對於每單位裝運的 NaBH4 (假設粉末包裝比例爲 60%)。這意味着以 naBH 爲單位的體積氫氣密度4 是氨的1.28倍,是液氫的1.93倍。
Australian Renewables Energy Agency (ARENA) (
The Australian Renewables Energy Agency was established by the Australian Government and supports the global transition to net zero emissions by accelerating the pace of pre-commercial innovation, to the benefit of Australian consumers, businesses and workers.
澳大利亞可再生能源署 (ARENA) (
澳大利亞可再生能源署由澳大利亞政府設立,通過加快商業前創新的步伐來支持全球向淨零排放的過渡,使澳大利亞消費者、企業和工人受益。
ARENA supports improvements in the competitiveness of renewable energy and enabling technologies, increase the supply of renewable energy in Australia, and to facilitate the achievement of Australia's greenhouse gas emissions targets by providing financial assistance and sharing knowledge to accelerate innovation that benefits all Australians.
ARENA支持提高可再生能源和賦能技術的競爭力,增加澳大利亞的可再生能源供應,並通過提供財政援助和共享知識來促進實現澳大利亞的溫室氣體排放目標,以加速造福所有澳大利亞人的創新。
About Velox Energy Materials
Velox Energy Materials is a publicly traded energy materials company developing and progressing high-value assets in resource and research-friendly jurisdictions. The Company's priority focus is the advanced NQV Project in Queensland, Australia. The NQV Project hosts the Cambridge Deposit with an CIM compliant Indicated Mineral Resource of 61.33 Mt @ 0.34% V2O5 and 234.6 ppm MoO3 along with an Inferred Mineral Resource of 144.87 Mt @ 0.33% V2O5 (cut-off grade of 0.25% V2O5) and 241.9 ppm MoO3 (Dufresne et al., 2022). The Company is targeting shallow, high-grade mineralisation that can be developed using low-cost mining and processing options.
關於 Velox 能源材料
Velox Energy Materials是一家上市的能源材料公司,在資源和研究友好型司法管轄區開發和開發高價值資產。該公司的優先重點是澳大利亞昆士蘭州先進的NQV項目。NQV 項目託管劍橋礦牀,其指示礦產資源爲 6133 萬噸 @ 0.34% V2O5 還有 234.6 ppm MoO3 以及推斷的礦產資源量爲144.87萬噸 @ 0.33% V2O5 (截止等級爲 0.25% V2O5) 和 241.9 ppm MoO3 (杜弗雷斯納等人,2022 年)。該公司的目標是淺層、高品位的礦化區,這些礦化區可以使用低成本的採礦和加工方案進行開發。
The Company additionally owns Kotai Energy and the option to acquire 100% of the intellectual property rights associated with the Solid-State Hydrogen Storage Project from Curtin University in Western Australia. Kotai is focused on the commercialisation of technology that can produce high-pressure hydrogen following transport as an inert powder.
該公司還擁有Kotai Energy,並有權從西澳大利亞州科廷大學收購與固態氫氣儲存項目相關的100%的知識產權。Kotai專注於技術的商業化,該技術可以在作爲惰性粉末運輸後產生高壓氫氣。
In October 2023, the Company acquired a package of tenements that are prospective for lithium in eastern Quebec.
2023 年 10 月,該公司收購了魁北克東部一攬子有望開採鋰礦的礦權。
Please visit our website at for further information.
請訪問我們的網站以獲取更多信息。
Approved by the Board of Velox Energy Materials Inc.
已獲得 Velox 能源材料公司董事會的批准
Simon Coyle
President & CEO
+1 416-214-7577
西蒙·科伊爾
總裁兼首席執行官
+1 416-214-7577
Investor Relations Contact
Andrew Rowell
Investor Relations - Australia
M: +61 400 466 226
Email: andrew@whitenoisecomms.com
投資者關係聯繫人
安德魯·羅威爾
投資者關係-澳大利亞
M: +61 400 466 226
電子郵件:andrew@whitenoisecomms.com
Forward-Looking Statements
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
前瞻性陳述
多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates. Statements about the closing of the transaction, expected terms of the transaction, the number of securities of Velox Energy Materials that may be issued in connection with the transaction, and the parties' ability to satisfy closing conditions and receive necessary approvals are all forward-looking information. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.
本新聞稿可能包含前瞻性陳述,這些陳述基於公司對其業務和運營經濟環境的預期、估計和預測。關於交易結束、預期交易條款、可能發行的與交易相關的Velox Energy Materials證券數量以及雙方滿足成交條件和獲得必要批准的能力的聲明均爲前瞻性信息。這些陳述不能保證未來的表現,涉及難以控制或預測的風險和不確定性。因此,實際結果和結果可能與這些前瞻性陳述中表達的結果和結果存在重大差異,讀者不應過分依賴此類陳述。聲明僅代表其發表之日,除非法律另有要求,否則公司沒有義務公開更新聲明以反映新信息或未來事件或情況的發生。
The figures noted in this announcement are in USD and sourced from the Future of Hydrogen Report prepared by the IEA. They are not actual costs nor forward-looking statements or financial forecasts and are not indicative of the future performance of the Company.
本公告中提及的數字以美元爲單位,來自國際能源署編寫的《氫氣未來報告》。它們不是實際成本,也不是前瞻性陳述或財務預測,也不是公司未來業績的指標。
SOURCE: Velox Energy Materials Inc.
來源:Velox 能源材料公司