Greenvale Energy (ASX:GRV) has announced encouraging findings from its Liquefaction Test Program 5 at the Alpha Torbanite Project in Queensland. Conducted by the University of Jordan, the tests aim to enhance the viscosity of bitumen derived from Alpha ore. The results suggest potential for producing a premium-grade C170 product, with further improvements anticipated.
Greenvale Energy has reported favorable outcomes from Liquefaction Test Program 5, which focused on enhancing the viscosity and elasticity of bitumen from its Alpha Torbanite Project. With tests conducted by the University of Jordan, the company successfully identified optimal conditions for maximizing bitumen yield, specifically using catalysts like iron and tin at high temperatures and pressures. Although some tests were restricted by sample sizes, the results indicate a promising path toward achieving the desired viscosity range for C170 asphalt. Moving forward, Greenvale Energy plans to evaluate these findings and consider conducting bulk testwork to further optimize bitumen properties. This step could involve producing larger samples under varied conditions to gain a more comprehensive understanding. Greenvale Energy continues to work closely with the University of Jordan to refine the process and potentially commercialize a premium-grade bitumen product.
CEO Mark Turner expressed optimism about the lab results, highlighting the potential for improved bitumen recovery and viscosity. Collaboration with the University of Jordan will continue to refine the process.