High Wire Networks Inc (HWNI)

[Greener]

Announcement of Option Agreement between Kemetco Research, Inc. and Mantra Venture Group
MAY 25, 2009 · POSTED IN NEWS
Electroreduction of Carbon Dioxide
U.S. industry produces an estimated 147 terragrams of CO2 equivalent per year and Carbon Credits currently trade at values of up to $40 USD.
In using renewable energy, Mantra’s Electroreduction of Carbon Dioxide (ERC) technology combines captured CO2 with water to produce high value materials, including: formic acid, formate salts, oxalic acid, and methanol. In addition, companies adopting ERC stand to make significant profit from its by-products. Formic acid, for example, currently sells for approx. $1,200/ton.
Mantra successfully completed a prototype capable of processing 1 Kg of CO2 per day in Oct. 2008, and its first commercial scale reactor is schedule for completion by Q2 2010.
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