SaltX Joins LeadIT.

LeadIT stands out as a unique platform, firmly rooted in both governmental and business leadership circles of some of the world’s largest and most influential companies. This dual anchor is particularly appealing to us as we seek to expand our network and position ourselves as a vital technological enabler in achieving the organization’s carbon reduction objectives. 

I perceive LeadIT, with its remarkable ongoing and planned initiatives, as a key player in the global industrial transition. Acknowledgment by this prestigious group holds great significance for us, and we eagerly anticipate contributing technically and strategically.

We aspire to serve as exemplars of how innovative technology companies can effectively collaborate with established corporations to drive positive change. Additionally, we aim to contribute to strengthening Sweden’s position as a leader in green technology. Collaborating with LeadIT, we also see a huge opportunity to spread the knowledge about our electrification and carbon dioxide separation technology as an alternative to the established CCS technology. 

Recognizing the importance of phasing out fossil fuels and transitioning to renewable energy sources, our technology is uniquely positioned to achieve this goal. Specifically targeting one of the largest industrial emitters, the lime and cement industry, we aim to establish a new clean standard for the sector. Notably, our process does not require the capture of CO2 from the atmosphere as we don’t release any; instead, we separate and isolate the gas during the heating process. This approach eliminates the need for additional facilities to capture released CO2. 

Our technology is ready for industrialization, and we are set to commence building the world’s first electrified lime plant in collaboration with our partner SMA Mineral, in Northern Norway. Simultaneously, ongoing collaborations with the Indian cement producer Dalmia are in progress, signaling the beginning of a global demand for our solution from various industries.

Certainly, collaboration in various forms is pivotal to accelerating the implementation of promising climate technologies. Our electrification and carbon dioxide separation technology are adaptable for constructing entirely new all-electric plants as well as retrofitting existing facilities. Our collaboration with Dalmia is focused on establishing a pilot plant in 2024, where we will integrate an Electric Arc Calciner (EAC) into one of their existing plants. The pre-study phase involves close collaboration between our specialists and Dalmia’s technical experts to determine the optimal integration of our technology with their existing infrastructure.