Yava Technologies receives $400k to build Pilot Plant
Extending the life of a mine, minimizing industrial waste and extracting a higher purity product: lofty dreams for Cape Breton's mining ancestors, may soon be a reality for this and future generations, thanks to the research and development being undertaken by Yava Technologies Inc. at Cape breton University's Verschuren Centre.
Yava Technologies, in partnership with Cape Breton University, will design, build and validate a pilot-scale mining plant to demonstrate a closed-loop process for treating a variety of complex mineral deposits and industrial waste.The Government of Canada is providing a $400,000 contribution through ACOA's Business Development Program (BDP) to enable Yava to perform tests at the pilot plant scale. These tests will help establish the viability of a full-scale plant to successfully extract valuable minerals without releasing greenhouse gas. An additional benefit of this technology is that it will enable faster and more economical mine closure procedures due to reduced metal content in tailings.
"We are thrilled with the federal government's participation in this innovative project," says Dr. Andrew Swanson, CEO, Verschuren Centre for Sustainability in Energy and the Environment. "We are confident that this collaborative initiative can also be leveraged into other exciting opportunities for our partners and for this region."
The Honourable Peter MacKay, Regional Minister for Nova Scotia, Minister of Justice and Attorney General of Canada, on behalf of the Honourable Rob Moore, Minister of State (Atlantic Canada Opportunities Agency made the announcement at the verschuren Centre and adds, "Innovation is a key contributor to improving our quality of life and ensuring our communities remain places where we want to raise our children. Our Government is pleased to support Yava Technologies' pilot plant as an important step in the ongoing collaborative development of this technology, to improve efficiency. Successful adoption on an industrial scale would result in significant benefits including extended life of extraction operations, a reduced environmental footprint and a higher quality end product."
Sustainable Development Technology Canada is also contributing $399,123 to support this project.
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