Markets

Titanium Awarded Patent for Bitumen Recovery Technology

Titanium Corporation Inc. (TIC.V) has been awarded a US patent for its innovative technology that will increase the recovery of bitumen currently being lost in tailings streams. Currently, oil sands mining and froth treatment processes leave two to eight per cent of the mined bitumen in the waste stream that goes to tailings ponds. Titanium's technology has been demonstrated to recover 80 per cent of this lost bitumen. At a large oil sands mine, this innovative technology would recover up to 7,000 barrels per day of additional bitumen.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos