Acceleware Ltd. Announces Feasibility Studies for BHP

Executive Summary

• Acceleware Ltd. has secured two paid feasibility studies from BHP to evaluate the techno‑economic viability of its EM Powered Heat technology for mineral processing and drying applications.
• The first study will assess RF‑based moisture reduction in Pilbara iron ore, aiming to cut plant delays and improve throughput.
• The second study will explore RF heating to boost copper heap‑leach efficiency in Chile, targeting higher yields across the global $41 bn annual heap‑leach copper market.

Key Details

• Study Scope – Iron Ore Drying (Pilbara, Australia):
• Evaluate optimal RF energy delivery methods for moisture reduction in iron ore.
• Collaborate with BHP to integrate a heating stage into existing processing flow.
• Study Scope – Copper Heap Leaching (Chile):
• Determine feasibility and best approach for applying RF energy to raise/maintain heap temperature.
• Options include direct ore heating, solution heating, or combined methods.
• Revenue Impact: Both studies are paid engagements; specific fees were not disclosed but represent new commercial revenue for Acceleware.
• Strategic Alignment: Projects support Acceleware’s strategy to provide cost‑efficient, low‑carbon process‑heat solutions for the mining sector and build on prior success with a potash dryer prototype.
• Market Context: Over 200 active heap leach operations worldwide produce gold, copper, silver, and nickel; the global annual value of copper produced via heap leaching is estimated at US$41 billion.

Notable Quotes

“Both studies are new and exciting opportunities to demonstrate how our EM Powered Heat technology can transform minerals processing,” – Geoff Clark, Chief Executive Officer, Acceleware Ltd.
“These innovations align with our strategy to deliver cost‑efficient process heat solutions that increase production for the mining sector.” – Geoff Clark