Acceleware Ltd. is making waves in the mining sector, and the excitement is palpable. The Calgary-based company, known for its innovative technologies aimed at decarbonizing industrial process heat, has been selected as one of only ten firms to participate in the Chile-Canada Mining Innovation Summit (CCMIS) in Santiago on October 24, 2024. This summit is not just another industry event; it’s a strategic platform designed to accelerate the adoption of new technologies and sustainable practices in mining.
Geoff Clark, Acceleware’s Chief Executive Officer, is clearly fired up about this opportunity. He emphasizes the potential impact their technology, particularly EM Powered Heat, could have on mining operators in Chile—a country that is a titan in the mining industry, producing a whopping one-third of the world’s copper. The summit aligns with the Canada/Chile memorandum of understanding signed at the Prospectors & Developers Association of Canada (PDAC) 2024 conference, setting the stage for a collaborative approach to sustainable resource management.
The timing couldn’t be better. With global pressure mounting to reduce greenhouse gas emissions, the mining sector is under the microscope. Acceleware’s EM heating solutions offer a promising route to decarbonization, tackling industrial applications that have traditionally been hard to abate. The company is not just talking the talk; they are piloting their patented RF XL technology for heavy oil and oil sands, claiming it’s unlike any recovery technique used today. This is a bold assertion, and if proven effective, it could redefine how heavy oil is processed.
The summit will also feature Acceleware at the Global Mining Group’s Santiago Forum, “Igniting Action: Building the Mines of The Future Today,” on October 22-23, 2024. This dual presence showcases the company’s commitment to engaging with major players in the industry, including BHP, Codelco, and Glencore, among others. The opportunity to network with these giants could lead to fruitful partnerships and pilot projects that may reshape the industry’s approach to electrification and sustainability.
But Acceleware’s ambitions extend beyond mining. The company is actively developing partnerships for EM heating in various sectors, including steel, agriculture, and cement. Their collaboration with the Saa Dene Group, co-founded by Jim Boucher, aims to elevate the profile and adoption of their technologies while respecting the values important to Indigenous peoples. This is a smart move, as it aligns corporate innovation with social responsibility—an increasingly crucial element in today’s business landscape.
As Acceleware gears up for these events in Chile, the implications for the future of the mining sector are significant. The focus on decarbonization and electrification is not merely a trend; it’s a pivotal shift that could redefine operational standards across the industry. With the world watching, Acceleware is positioning itself at the forefront of this transformation. If their technologies gain traction, we might just witness a paradigm shift in how mining operations cope with the dual challenges of resource extraction and environmental stewardship. The stakes are high, and the potential rewards are even higher.
