Greenvale Energy (ASX:GRV) Commences Test Program 7 with Monash University
Agreement with Monash University
Greenvale Energy Limited has signed an agreement with Monash University to commence Liquefaction Test Program 7 for its Alpha Torbanite Project in Queensland, with a total budgeted cost of $622,000.
Test Program 7 Details
The program aims to produce bulk samples using optimised parameters from Test Program 6. Bulk samples will be produced using toluene as a carrier with various catalysts and THF as a carrier without catalysts. The modifications to the Monash liquefaction laboratory will take six to eight weeks, followed by a six-month test program. Samples will be sent to Technix in New Zealand for identification and product certification.
Executive Comments
Greenvale Executive Chairman, Neil Biddle, said: “We’re systematically progressing through the required phases of test work at Alpha to enable us to produce a high-grade C170 bitumen product. Building on the positive results received from Test Program 6, we’re looking forward to generating bulk samples under these optimised test conditions to determine our progress towards achieving the viscosity levels required for C170 certification.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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