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Mantra Venture Group Ltd. (Mantra) is a diversified Green Tech company seeking to become a world-leader in the development of commercially viable sustainable technologies by minimizing the impact of human activity on our climate, environment and health. Based in the Pacific Northwest, a hot-bed of Green Tech innovation, Management has already been successful in acquiring the rights to two revolutionary sustainable technologies: the Electroreduction of Carbon Dioxide (ERC) and the Biometals Recovery System (BRS).
Mantra's Corporate Mission is to provide businesses and people with the means to achieve significant, sustainable reductions in their ecological footprint, and in doing so, ensure that its investors benefit both morally and financially from their investment.
Electroreduction of Carbon Dioxide -- Carbon (CO2) Reduction Machine!
Formic Acid Uses (Video by BASF)
Carbon Sequestration - Invest in a Reduction Alternative
ELECTROREDUCTION OF CARBON DIOXIDE (ERC)
In November 2007, Mantra acquired the 100% outright ownership of a chemical processing technology developed by the University of British Columbia's Clean Energy Research Center, entitled the Electroreduction of Carbon Dioxide (ERC). Powered by renewable energy, ERC combines captured carbon dioxide with water to produce high value materials, including: formic acid, formate salts, oxalic acid, and methanol.
The International market for carbon dioxide management is currently in the Billions USD and carbon emission credits are traded at values up to $40 USD per ton of CO2. As of yet, large-scale applications have not been able to make the shift to renewable energy, as fossil fuels remain the most cost effective option energy source available. Scientists and innovators are therefore investigating Carbon Capture and Storage (C.C.S.) techniques to mitigate the release of CO2 into the atmosphere. Sequestration, the process of capturing the gas and injecting it underground for storage, is currently the only potentially viable solution. Nonetheless, this technology still faces significant challenges, as it is far from being cost effective. In addition, sequestration has raised serious environmental concern, legal and regulatory issues due to the unknown ramifications of permanently storing CO2 underground.
ERC offers an innovative alternative to carbon sequestration with many potential advantages. The first advantage is that ERC, instead of addressing carbon dioxide as the problem, harnesses its chemical properties as part of the solution. Capitalizing on the abundance of carbon dioxide being released from fossil fuel combustion, ERC converts CO2 to useful, financially profitable products. The second advantage is that the process can be driven by renewable energy (hydro, wind, solar, tidal or nuclear). Lastly, there is potential for this technology to be applied in a closed-loop fuel cell cycle, whereby carbon dioxide is converted into a fuel that is then used in the cell to generate energy.
Upon successful entry into the lucrative market of CO2 reduction, a powerful and perhaps even more profitable market will develop for its useful by-products. Sodium formate and formic acid, two of the main by-products of ERC, currently have an average market value of $1,200/ton, with more than 600,000 tons of formic acid produced annually. Their applications are diverse, including feedstock preservatives, de-icing solutions, cleaning solutions and baking soda to name a few. In addition, Mantra has identified several potential applications for formic acid that would lead to a prolific expansion in market demand, including: steel pickling, fuel cell development and fuel additives. In October 2008, Mantra completed its first ERC prototype, capable of processing 1 Kg of CO2 per day. The company's first commercial scale reactor, designed to process 1 ton of CO2 per day, is schedule for completion by Q2 2010.
For more information on ERC visit http://www.mantraenergy.com/files/erc-8page.pdf
BIOMETALS RECOVERY SYSTEM (BRS)
Mantra holds an Exclusive Option Agreement to acquire the license of the Biometals Recovery System (BRS)- a revolutionary mine wastewater technology. BRS is a biological-based water treatment system that selectively recovers and upgrades valuable metals with maximum energy recovery.
Acid mine drainage (AMD), the outflow of acidic water from abandoned metal mines or coal mines, is responsible for the contamination of 40% of western waterways. While the U.S. Bureau of Mines estimates current AMD remediation expenditures to be $1 Million per day, these efforts have been largely inadequate due to the ineffectiveness of current technologies. Fortunately, Mantra's BRS technology relies on a much more efficient biological reaction than these current technologies. This fact, combined with product upgrading and energy recovery capabilities, provides a major economic advantage for BRS. Upon completion of the BRS technology, Mantra anticipates rapidly overcoming market penetration rates achieved by current AMD remediation technologies.
In addition to the treatment of acid mine drainage, a secondary market for Mantra's BRS technology is Heap Leaching Metal Recovery. Heap leaching is currently responsible for 20% of worldwide copper production, representing an approximate market value of $12 Billion USD.
For more information on BRS, visit http://www.mantraenergy.com/technologies/biometals-recovery-system-brs.html
Press Releases NOTE the Real news Sept 12th is in the the 8-K!!!! Alstom is the new JV partner that signed on with MVTG. Why Invest in Mantra Venture Group? • Diversified leading edge technologies within Green Environment- currently CO2 reduction (ERC) and Biometals Recovery System (BRS)- both with limited competition and substantial revenue potential
• Potential for dividends and spin- outs of subsidiaries as separate public companies as a reward to long term investors
• Intellectual property: Worldwide patent pending
• Well-aligned with 43 Government Funding/Grant Programs
• Company is new, but awareness expanding at alarming rate: considerable opportunity for growth over short term
• Company just signed Memorandum of Understanding with Korean Heavyweight that should see ERC through to commercialization
• Environmental technologies are the number one investment of choice today- a trend that won't fade anytime soon
Top 7 Reasons Why Green Technologies Will Thrive in the Future
- Climate change and environmental sustainability are at the political forefront
Current green technologies are largely inadequate in meeting global demand
Environmental technologies are the number one investment of choice today- a trend that won't fade anytime soon
Governmental programs are providing new Green Tech companies with financial assistance required to carry technologies through to adoption
As technologies improve, prices are predicted to drop- increasing viability and profitability
Emergence of Carbon Credit industry offers added incentive for Corporations to go green
GOING GREEN IS THE RIGHT THING TO DO!
|Contact Us: |
Vancouver Head Office
Unit 4 - 2119 152nd Street,
South Surrey, BC Canada V4A 4N7
Mantra Venture Group:
Corporate Communications: www.mantraventuregroup.com
Video Demonstration of ERC Technology!
News out of left field, Industry chatter about MVTG!!!
University Thesis paper on using CO2 as feedstock for petrochemcial plants discusses Formic acid on Page 92