Commercial Grade Electrolyzer
22 April 2008 - 9:02AM
RNS Non-Regulatory
Applied Intellectual Capital Ltd
22 April 2008
22 April 2008
APPLIED INTELLECTUAL CAPITAL
EVERCLEAR LAUNCHES COMMERCIAL-GRADE ELECTROLYZER
Alameda, California, USA -- Applied Intellectual Capital ("AIC") (AIM: AINC) is
pleased to announce the successful launch of a commercial-grade electrolyzer
manufacturing program in support of its affiliate, EverClear Solutions, Inc.
Specifically developed to meet the rigors of continuous operation in metals
recovery operations for the mining industry, this second generation ("2-G")
electrolyzer will support both acid rock drainage and alkaline tailings
applications.
In tests conducted recently in AIC's 30,000 square foot research, development
and rapid prototyping facility in Alameda, California, the electrolyzer met the
performance specifications necessary to recover select target metals from
metal-laden solutions in a highly cost-effective manner. This 2-G electrolyzer
is now operating successfully on-site in Montana as part of a planned series of
demonstrations in North America and Africa. A second 2-G unit is being
constructed to support this and a volume manufacturing program will commence
later this year.
EverClear Solutions, Inc. ("EverClear") (www.everclear-inc.com) provides
technology-enabled solutions to the mining industry. EverClear applies its
unique, patent-protected capabilities, developed in partnership with AIC, to
recover high value metals from mining operations where assets have been stranded
due to the technological inefficiencies of historic mining practices -- thereby
dramatically improving project yield and life cycles, while creating significant
profits for its customers.
EverClear is able to specialize in such secondary and tertiary recovery efforts
by leveraging AIC's expertise in leach chemistry and patent-protected,
high-performance, electrochemical processes and technologies to cost-effectively
generate high-grade, market-ready metals.
Dr. Stephen Clarke, AIC's Chief Executive, commented:
"Reliable, field hardened equipment is the key to taking a new technology into
the mining industry. The successful on-site operation of the first 2-G unit is
the culmination of an intensive product engineering exercise."
Darron Brackenbury, EverClear's Executive Chairman, commented:
"We have now started the countdown to the point where the mining industry will
be able to use the process to extract valuable metals from waste, thus
dramatically increasing both their profits and ours."
FOR FURTHER INFORMATION PLEASE CONTACT
Darron Brackenbury
Executive Chairman
EverClear Solutions, Inc.
Voice: +1 510 213-1418
Fax +1 484 971 0143
http://www.everclear-inc.com
Dr. Stephen Clarke
Chief Executive Officer
Applied Intellectual Capital
2450 Mariner Square Loop
Alameda, California
94501-1010
Voice: (510) 239-0025
Fax: (510) 217 6826
Pelham Public Relations:
Archie Berens Tel. +44 (0)207 743 6679
NOTES FOR EDITORS
About EverClear Solutions
EverClear is developing and commercializing patented, proprietary technology for
profitable, sustainable recovery of copper, zinc, and other base metals from
former mining sites. Acquired from electrochemical technology incubator Advanced
Intellectual Capital (AIC) in 2007, EverClear's ResourceTM Technology is
currently undergoing field trial in the US and internationally.
About Applied Intellectual Capital
Applied Intellectual Capital funds, develops, patents and commercializes
electrochemical and advanced separations technologies in clean energy,
electricity storage, water treatment, metals recovery and other emerging
markets.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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