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Monday, October 29, 2018 9:29:50 AM
NEW CASTLE, Del., Oct. 29, 2018 /PRNewswire/ - EESTech (otc-pink:EESH) has made further advancements to their patent pending 'Inductosmelt Reduction Furnace (IRF)' which has resulted in the development of a 'Titanium Pyro Reduction Furnace (Ti-PRF)'.
The Ti-PRF is a design breakthrough for the smelting of titanium and other reactive or refractory metals.
The Ti-PRF achieves performance capabilities previously not possible.
The Ti-PRF is a highly efficient three-step process that uses the smelting advantages of the IRF to overcome the complex multi stage manufacturing difficulties inherent in conventional 1950's methods of reducing titanium dioxide powder into titanium metal.
The Ti-PRF consumes up to 70% less energy than current systems, setting new industry benchmarks in energy efficiency. This dramatic reduction in power consumption significantly reduces the carbon footprint over traditional titanium smelting processes, positioning the Ti-PRF as an economically environmentally sustainable technology.
A comprehensive nonpartisan technical assessment confirmed the Ti-PRF as being more efficient and cost effective than current titanium smelting processes with a unique capability to produce market leading low-cost, high grade Titanium to drive an expanding market.
EESTech Inc, promotes Economically Environmentally Sustainable Technologies to the world mining and minerals processing industries. EESTech Inc is publicly traded on the US OTC market, symbol EESH. www.eestechinc.com
Released for EESTech, Inc by Elocal Limited
Address all media enquiries to: Mykeljon Winckel
eestech-media@elocal.co.nz at +64275977272
Forward Looking Statement:
This media release includes statements that may constitute 'forward-looking' statements. The statements can be identified by phrases such as EESTech, Inc. or its management 'believes' 'forecasts', 'estimates' or other words or phrases of similar import. These statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Similarly, such statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals are forward-looking statements. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from forward-looking statements. Factors which could cause or contribute to such differences include but are not limited to our ability to recruit and retain key personnel, the availability of funding for future operating requirements, our ability to protect our intellectual property, our ability to secure contracts for the installation of our products and our ability to develop and operate such projects successfully. We urge you to carefully consider these factors and the information detailing other factors (which may cause actual results to differ materially) included in EESTech, Inc.'s press releases and other historical SEC filings. The forward-looking statements are based on current expectations and neither the Company nor its management assumes any obligation to update these statements.
View original content:www.prnewswire.com/news-releases/eestech-announces-titanium-process-breakthrough-300739226.html
SOURCE EESTech Inc.
/Web site: http://www.eestechinc.com
> Dow Jones Newswires
October 29, 2018 09:00 ET (13:00 GMT)
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