AuraSource Patents Clean Coal Technology That Significantly Improves Yield | 2013-06-05
CHANDLER, AZ--(Marketwired - Jun 5, 2013) - AuraSource, Inc. (OTCQB: ARAO) (OTCBB: ARAO), a developer of hydrocarbon clean fuel and mineral beneficiation technology, today announced that it has received a patent for its proprietary clean coal technology, AuraCoal™, from the State Intellectual Property Office of the People's Republic of China.
The AuraCoal™ patent covers a methodology for preparing an ultra-low ash coal-water-slurry that can significantly improve the yield of coal and improve the granularity of coal slurry fuel by improving the fluidity and increasing fuel particle concentration.
Philip Liu, President and CEO of AuraSource, stated: "AuraCoal™ is a clean coal technology solution that not only has strong environmental benefits, but also has economical scalability for mass production and applications. This patent on our process strongly enhances AuraSource's technology and intellectual property portfolio."
AuraSource is constructing a large scale AuraCoal production demonstration plant in Wuxi, China and plans to commercialize such AuraCoal technology in 2013.
An ultra-low ash, coal-water-slurry preparation technology that shows compelling economic and environmental benefits.
Can be used in lieu of heavy oil using a 2:1 ratio -- that is, two tons of AuraCoal™ can replace one ton of heavy oil.
Has fine granularity that reduces ash content due to a more complete burn, while increasing combustion efficiency above 96% in small coal burning boilers.
Can be used by large power stations to cut down on coal usage and reduce the electricity required, since a milling system is no longer required.
Can be used in metallurgical furnaces to decrease energy consumption by 10% to 20%, with lower burning temperatures, less smoke/dust, and fewer NOx and SO2 emissions.
AuraSource, Inc. is focused on the development and production of environmentally friendly and cost effective industrial energy sources and feedstock used for industrial applications. AuraSource's core technology includes ultrafine grinding and impurities removal processes. Initial industrial applications of AuraSource technology are ultra-fine coal water mixture for heavy oil substitution, and low grade iron ore fine and slimes beneficiation.
For more information about AuraSource, please visit www.aurasourceinc.com.
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