Arianne Phosphate Successfully Produces Purified Phosphoric Acid
Arianne Phosphate (DAN.V) has successfully completed the production of purified phosphoric acid (PPA) with its partner Travertine Technologies, the company announced Thursday.The companies signed a joint venture framework agreement earlier this month: Arianne provided samples of its phosphate concentrate to be processed at Travertine's facility in Boulder, Colorado. Pilot scale testing demonstrated proof of concept on the process and production of a high-quality PPA. Travertine also showed that over 95% of the sulphur used in the process of making PPA can be recaptured and recycled, providing a virtually closed loop system, a statement said.The resulting PPA produced met specifications required for lithium ion phosphate batteries and other technical-grade applications and the companies are now collaborating to advance the demonstration plant.Arianne Phosphate shares were last seen unchanged at $0.38 on the TSX Venture Exchange.
