Mantra Venture Group Ltd. (MVTG)(Frankfurt:5MV) announced on Aug 27 that its Mantra Energy Alternatives Ltd. subsidiary has signed a technology development agreement with Tekion (Canada) Inc. As a part of the agreement, Tekion will provide its development and testing facilities and expertise to accelerate the timing for field trials for Mantra's Electro-reduction of Carbon Dioxide (ERC) process - a form carbon capture and recycling (CCR).
In preparation for the Lafarge project, Tekion will be working with Mantra to do the following:
-- Broaden Mantra's IP base by utilizing its 10 years of experience with
formic acid and electrochemical system development to accelerate the
final material selection and to improve electrode performance.
-- Explore alternative methods with the capability of going directly to
Formic Acid from CO2
-- Collaborate with Powertech on the creation of a conceptual design for
the Lafarge pilot plant that converts up to 100 kilograms of CO2 per day
to formate salts or formic acid, and that operates 24 hours per day.
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