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.
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