Page 164 - CW E-Magazine (30-4-2024)

News from Abroad

ENHANCING EFFICIENCIES
Auxilium deploys Elevated Signals’ software to optimise

recovery of critical minerals from mining waste

US-based Auxilium Technology struction materials. Auxilium currently data-driven analytics. This is something
Group is adopting Elevated Signals’ operates a pilot plant in Arizona (US), that rigid ERP systems, spreadsheets,
manufacturing software to optimise and claims that its modular technology and paper-based processes are not
recovery of critical minerals trapped can be used to remediate old mine sites equipped to deliver, which is where our
in mine tailings. and utilised by operating mines without platform comes in,” he remarked.
disrupting operations. The company
Mining waste is one of the largest sees significant opportunities to expand “Our operation’s needs are complex
waste streams generated globally. The its operations into South America, the and constantly evolving. At every stage
value of precious, critical, and strategic US, Africa, Australia, and beyond. of production, we must consistently
metals in these tailings is thought to monitor and evaluate the presence and
exceed $3.4-trillion worldwide, and “Waste-to-value manufacturing busi- quality of various measurable characte-
demand for these minerals, including nesses like Auxilium play a key role in ristics in the materials processed in our
cobalt, copper, lithium, nickel, and providing critical minerals needed for inventory,” said Mr. Michael Goedecke,
several other rare earth elements, is the transition to renewable energy,” said Auxilium’s Lead Metallurgical Techni-
expected to more than double by 2040. Mr. Amar Singh, CEO and co-founder cian. “Elevated Signals gives us a cen-
of Canada-based Elevated Signals. “As tralised, user-friendly interface that pro-
Auxilium’s valorisation technology the industry expands, it has become vides a complete and clear view of the
extracts critical minerals from mine tail- increasingly clear that these reclamation live inventory, which has really helped
ings and repurposes the reclaimed tail- processes can be better optimised with us simplify and optimise our processes,”
ings to manufacture eco-friendly con- precise real-time inventory tracking and he added.
Sinopec begins production at mega PTA project

Sinopec, China’s state-owned energy &
chemicals giant, has put into opera-
tion the “world’s largest PTA project by
single-unit production capacity” at
Sinopec Yizheng Chemical Fiber Co. Ltd.
in Jiangsu Province. The project involved
an investment of more than 5-billion yuan
($691-mn) and has a production capacity
of 3-mtpa. PTA is used to create poly-
ester fibres used in the production of
goods from ranging from clothing to
solar panels and EVs.
Versalis acquires compounding firm, Tecnofilm

Versalis, the chemical company of functionalised polyolefins and thermo- tunity to expand and specialise our pro-
Italian oil & gas major, Eni, has closed the plastic compounds based on plastics and duct portfolio by integrating downstream
acquisition of 100% stake of Tecnofilm elastomers, mainly for the footwear and supply chain activities in elastomer-based
S.p.A., a specialist company operating technical goods industries. Mr. Adriano compounding, particularly in the industrial
in the compounding sector following the Alfani, CEO of Versalis (Eni) said, “The applications and footwear sectors. We are
approval of the competent authorities. acquisition of Tecnofilm further streng- already a leading player across this supply
Tecnofilm, a family-owned company based thens Versalis’ business specialisation chain with Finproject, to which Tecnofilm
in Italy’s Le Marche region, manufactures strategy. To this end, it offers the oppor- will be highly complementary.”

164 Chemical Weekly April 30, 2024

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