David Palumbo, CEO, EQTEC, commented:

"This is great news for Southport, which we have anticipated these past months. As the co-developer of the project, EQTEC has a strong interest in seeing construction get underway and this advances us significantly toward that work. With Anaergia positioned as the technology, EPC and O&M partner on Phase 1, we have a strong foundation on which to proceed with Phase 2, which would position EQTEC and Wood to deliver the UK's first RDF-to-syngas-to-hydrogen capability. We enjoy strong local relationships, strong local support and strong partners, a perfect combination for building this innovative, commercially sustainable, baseload energy solution for Southport's Net Zero future."

Mullins58

Posted in: BHL

Posts: 16,182

RE: RNS18 Jul 2022 08:11

Charles FitzRoy, CEO of Bradda Head Lithium, commented:

"Our San Domingo pegmatite district is extensive, covering c.13km2 and was historically mined for lithium in the 1940s and 1950s within our permitted license area. It also contains historical gold, silver, copper, and vanadium mining operations. With the vocal and growing demand within the USA for its own lithium supply, and recognising the history of successful commercial mining of pegmatites at San Domingo, a successful pegmatite exploration programme at San Domingo should quickly catch the attention of North American end-users and battery manufacturers. As a consequence, this programme is a very significant step forward for us. We're very excited to understand the true extent of pegmatite mineralisation at depth, following channel sampling with grades up to 2.49% Li2O, as well as grab samples with grades up to 8% Li2O, initially taken back in 2016.

"The development of our pegmatite assets is also particularly significant as it opens up a second exploration target with a totally different mineralisation style to our Arizona Basin lithium-in-clay deposits. Pegmatite mining and processing routes are well-established worldwide, and a successful drilling campaign will allow Bradda Head to move forward quickly to an Operational Study phase.

"With all of our planned exploration drilling activity fully funded we are comfortable to move on the two fronts concurrently: lithium pegmatites at San Domingo and lithium clays at Basin. We have expanded our team in preparation for this increased activity. We have a well-prepared programme for the rest of this year in both locations, and we are confident that our anticipated deposits can drive further value for shareholders."

Mullins58

Posted in: EQT.L

Posts: 16,182

RE: RNS18 Jul 2022 08:09

Jeff Vander Linden, COO of EQTEC, commented:

"Petrofac has for decades been a leader in delivery of large-scale, complex projects in the oil & gas industry and now are one of the global EPCs moving most quickly to bring that expertise to new energy businesses. Our engagement with Petrofac over the past year or so has been interactive and focused, with a dedicated, joint team and open collaboration toward finalisation of the FEED proposal and heads of terms that will support work start and steady progress at Billingham. As our largest and most complex project, Billingham represents a wide range of opportunities for innovative application of EQTEC technology in concert with other technologies; but it also requires a different approach to assemble investment. By applying flexible funding options and strong partners, I believe we will advance the Billingham project steadily, toward bringing EQTEC syngas-based solutions to Teesside and to the wide range of industrial businesses that will benefit from them."

Jon Carpenter, Vice President New Energy Services at Petrofac commented:

"We look forward to supporting the engineering of EQTEC's Billingham project and to working with their team to de-risk the project leveraging our construction experience of complex process plants to ensure the design is efficiently constructable and operatable. We are excited by the potential of the waste-to-value sector in the UK and are excited to be working with pioneers such as EQTEC in turning this potential into reality and delivering the energy transition in the process."

Mullins58

Posted in: POW

Posts: 16,182

RNS18 Jul 2022 08:07

https://www.londonstockexchange.com/news-article/POW/tati-project-botswana-exploration-update/15543783

Mullins58

Posted in: BHL

Posts: 16,182

RNS18 Jul 2022 08:06

https://www.londonstockexchange.com/news-article/BHL/drill-rig-mobilised-at-san-domingo-project/15543770

Mullins58

Posted in: EQT.L