Phenom Resources Corp. Files US Patent for Vanadium and Nickel Extraction from Petroleum Coke Fly Ash

Phenom Resources Corp., a company listed on the TSX Venture Exchange (PHNM-X), has filed a patent application in the United States for a process to extract vanadium and nickel from petroleum coke fly ash material. This development leverages the company's technological core competency in metallurgy.

The patent application outlines a unique process for extracting valuable metals from petroleum coke fly ash, a byproduct of oil refining. The ability to extract vanadium and nickel from this material could provide a significant source of these critical metals.

Paul Cowley, President and CEO of Phenom Resources Corp., highlighted the company's technical capabilities, stating, "Besides having core competence in mineral exploration, many do not realize that Phenom also has a technological core competency. Our capable technical team of brilliant metallurgists has been working on various metallurgical breakthroughs focused specifically on vanadium recoveries on various feed material. The patent application filed this week is the third such patent our team has developed for the benefit of the company for new business opportunities."

Vanadium and nickel are often found in small concentrations in natural oil products. During the petrochemical refining process, these metals are concentrated in petroleum coke, which is then burned to produce energy or steam, resulting in an inorganic residue known as petcoke fly ash. The high vanadium content of the ash and significant content of other metals, particularly nickel, make it attractive to process this material to recover segregated metal values.

Phenom Resources Corp. holds a 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, Nevada. The project hosts North America's largest, highest-grade primary vanadium resource, further solidifying the company's position in the vanadium recovery and metallurgy sector.

This patent application marks a significant milestone for Phenom Resources Corp., showcasing its commitment to innovation and sustainability in the metallurgy industry. By capitalizing on its technological expertise, the company aims to unlock new revenue streams and contribute to a more sustainable future.

Key Takeaways

• Phenom Resources Corp. files US patent application for extracting vanadium and nickel from petroleum coke fly ash.
• Process leverages company's metallurgy expertise to recover critical metals from oil refining byproduct.
• Patent application is third developed by Phenom's technical team for new business opportunities.
• Phenom holds 100% interest in Carlin Gold-Vanadium Project, North America's largest primary vanadium resource.
• Patent application showcases company's commitment to innovation and sustainability in metallurgy.