Welcome!

News Feed Item

Mantra Officially Launches Pilot Plant Project

BURNABY, BRITISH COLUMBIA -- (Marketwired) -- 03/25/14 -- Mantra Energy Alternatives, a subsidiary of Mantra Venture Group Ltd. (OTCQB: MVTG), has officially entered into a contract with NORAM Engineering and BC Research Inc. (BCRI) to deploy a pilot plant for the electrochemical reduction of carbon dioxide (ERC). The procurement of custom equipment is set to begin shortly, in parallel with the completion of the final engineering. The project will culminate in construction and commissioning at the Lafarge cement plant in Richmond, B.C.

The ERC process converts carbon dioxide, the most prolific greenhouse gas, into useful chemicals such as (among others) formic acid and formate salts. The pilot plant will convert 100 kilograms per day of the carbon dioxide emitted from the Lafarge plant into concentrated formate salts, which are valuable products that sell for around $1,500 per tonne. Mantra anticipates future plant expansion that will see the production of formic acid and other products as well.

"This will be the first pilot plant of its kind in the world," says Patrick Dodd, VP, Corporate Development. "It will be a useful tool that we can adapt in the future to produce a range of different products from carbon dioxide."

Procurement will begin in parallel with the detailed engineering, with certain long-lead time pieces of custom equipment being ordered and built early to facilitate a timely deployment of the plant.

"We are now in a position not only to complete the engineering, but also to simultaneously begin procurement, and to begin construction as soon as possible," says Mantra President Larry Kristof.

BCRI is the R&D arm of NORAM Engineering and Constructors, providing engineering and scientific services in the commercialization of new technologies. Their highly experienced team specializes finding innovative solutions in the scale up of new processes to the demonstration phase and beyond.

Adds Mr. Kristof, "NORAM and BCRI have done incredible work thus far, and we are very pleased to have them engaged to complete the project."

About ERC

ERC, or the "Electro-Reduction of Carbon Dioxide", is a form of "carbon capture and utilization" that converts the pollutant carbon dioxide into useful, valuable products including formic acid and formate salts. By utilizing clean electricity, the process offers the potential for an industrial plant to reduce emissions while generating a salable product and a profit.

About MRFC

In a conventional fuel cell, the fuel and oxidant flow in separate streams, separated by an ion-conducting membrane that divides the cell into discreet anode and cathode chambers. The single-cells are stacked electrically in series using bipolar flow-field plates that provide most of the stack weight and volume.

By contrast, in a mixed-reactant fuel cell, or "MRFC", a mixture of fuel and oxidant flows through the cell as a single stream. The mixed-feed concept allows for a variety of conventional and unconventional cell stack designs including the Mantra's patented Swiss-roll MRFC design. Simplification of MRFC systems is possible because they can operate without the gastight structures within the stack that are required for sealing, manifolding, and separating reactant delivery in conventional fuel cells. As a result, MRFCs can provide significantly less expensive fuel cell systems with high volumetric power density.

About Mantra Venture Group

Mantra Venture Group is a public company quoted on the OTC QB under the symbol MVTG.

Follow Mantra on Twitter: http://www.twitter.com/mantraenergy

For more information go to: http://www.mantraventuregroup.com

Forward-looking statements: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission, which identify specific factors that may cause actual results or events to differ materially from those described in forward-looking statements.

Contacts:
Mantra Venture Group
Investor Relations:
John Williams
(604) 495-1766 (Canada)
(502) 214-5932 (USA)
[email protected]

Mantra Venture Group
Company Contact:
(604) 560-1503
[email protected]
www.mantraventuregroup.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Founded in 2002 and headquartered in Chicago, Nexum® takes a comprehensive approach to security. Nexum approaches business with one simple statement: “Do what’s right for the customer and success will follow.” Nexum helps you mitigate risks, protect your data, increase business continuity and meet your unique business objectives by: Detecting and preventing network threats, intrusions and disruptions Equipping you with the information, tools, training and resources you need to effectively m...
The Transparent Cloud-computing Consortium (T-Cloud) is a neutral organization for researching new computing models and business opportunities in IoT era. In his session, Ikuo Nakagawa, Co-Founder and Board Member at Transparent Cloud Computing Consortium, will introduce the big change toward the "connected-economy" in the digital age. He'll introduce and describe some leading-edge business cases from his original points of view, and discuss models & strategies in the connected-economy. Nowad...
Having been in the web hosting industry since 2002, dhosting has gained a great deal of experience while working on a wide range of projects. This experience has enabled the company to develop our amazing new product, which they are now excited to present! Among dHosting's greatest achievements, they can include the development of their own hosting panel, the building of their fully redundant server system, and the creation of dhHosting's unique product, Dynamic Edge.
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactu...
Doug was appointed CEO of Big Switch in 2013 to lead the company on its mission to provide modern cloud and data center networking solutions capable of disrupting the stronghold by legacy vendors. Under his guidance, Big Switch has experienced 30+% average QoQ growth for the last 16 quarters; more than quadrupled headcount; successfully shifted to a software-only and subscription-based recurring revenue model; solidified key partnerships with Accton/Edgecore, Dell EMC, HPE, Nutanix, RedHat and V...
PCCW Global is a leading telecommunications provider, offering the latest voice and data solutions to multi-national enterprises and communication service providers. Our truly global coverage combined with local, on the ground knowledge has helped us build best in class connections across the globe; and especially in some of the remotest, hard-to-reach areas in exciting growth markets across Asia, Africa, Latin America and the Middle East.
NanoVMs is the only production ready unikernel infrastructure solution on the market today. Unikernels prevent server intrusions by isolating applications to one virtual machine with no users, no shells and no way to run other programs on them. Unikernels run faster and are lighter than even docker containers.
All in Mobile is a mobile app agency that helps enterprise companies and next generation startups build the future of digital. We offer mobile development and design for smartphones, tablets and wearables. Our projects cover the latest and most innovative technologies - voice assistants, AI, AR/VR and more. We excel at solutions for sports, fintech and retail industries.
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO Silicon Valley 2019 will cover all of these tools, with the most comprehensive program and with 222 rockstar speakers throughout our industry presenting 22 Keynotes and General Sessions, 250 Breakout Sessions along 10 Tracks, as well as our signature Power Panels. Our Expo Floor will bring together the leading global 200 companies throughout the world of Cloud Computing, DevOps, IoT, Smart Cities, FinTech, Digital Transformation, and all they entail. As ...
Public clouds dominate IT conversations but the next phase of cloud evolutions are "multi" hybrid cloud environments. The winners in the cloud services industry will be those organizations that understand how to leverage these technologies as complete service solutions for specific customer verticals. In turn, both business and IT actors throughout the enterprise will need to increase their engagement with multi-cloud deployments today while planning a technology strategy that will constitute a ...
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understa...
Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throughout enterprises of all sizes. We are offering early bird savings...
SUSE is a German-based, multinational, open-source software company that develops and sells Linux products to business customers. Founded in 1992, it was the first company to market Linux for the enterprise. Founded in 1992, SUSE is the world’s first provider of an Enterprise Linux distribution. Today, thousands of businesses worldwide rely on SUSE for their mission-critical computing and IT management needs.
SAP is the world leader in enterprise applications in terms of software and software-related service revenue. Based on market capitalization, we are the world's third largest independent software manufacturer. Harness the power of your data and accelerate trusted outcome-driven innovation by developing intelligent and live solutions for real-time decisions and actions on a single data copy. Support next-generation transactional and analytical processing with a broad set of advanced analytics - r...
Yottabyte is a software-defined data center (SDDC) company headquartered in Bloomfield Township, Oakland County, Michigan. The mission of Yottabyte is to enable any organization to easily and economically realize the benefits of the cloud in their own datacenter. The Yottabyte Cloud Software natively virtualizes compute, storage, and network resources into a resilient, automated software-defined cloud infrastructure solution. Both Enterprise IT customers and Service Providers benefit from Yottab...