BluSky Carbon Biochar Quality Standards Achieved
BluSky Carbon (BSKCF) announces successful completion of certified laboratory testing for its Biochar production, confirming qualification for global carbon credit transactions. The testing validates the company's production meets requirements for its $105 million AR1 offtake agreement and proposed $192 million AR2 Biochar project.
The certification confirms the Biochar's low contaminant levels and favorable hydrogen-to-carbon ratio, indicating high carbon density and stability. The company's Vulcan Heavy equipment produces Biochar suitable for carbon credit transactions through marketplaces like NASDAQ partner PURO.Earth, where current pricing is approximately €160 (~$167 USD) per ton.
BluSky Carbon (BSKCF) annuncia il completamento con successo dei test di laboratorio certificati per la sua produzione di Biochar, confermando la qualificazione per le transazioni globali di crediti di carbonio. I test validano che la produzione dell'azienda soddisfa i requisiti per il suo accordo di approvvigionamento AR1 da 105 milioni di dollari e il proposto progetto Biochar AR2 da 192 milioni di dollari.
La certificazione conferma i bassi livelli di contaminanti del Biochar e il favorevole rapporto idrogeno-carbonio, indicando un'alta densità di carbonio e stabilità. Le attrezzature Vulcan Heavy dell'azienda producono Biochar adatto per transazioni di crediti di carbonio attraverso mercati come PURO.Earth, partner di NASDAQ, dove il prezzo attuale è di circa €160 (~$167 USD) per tonnellata.
BluSky Carbon (BSKCF) anuncia la finalización exitosa de pruebas de laboratorio certificadas para su producción de Biochar, confirmando la calificación para transacciones globales de créditos de carbono. Las pruebas validan que la producción de la empresa cumple con los requisitos para su acuerdo de compra AR1 de 105 millones de dólares y el propuesto proyecto de Biochar AR2 de 192 millones de dólares.
La certificación confirma los bajos niveles de contaminantes del Biochar y la relación favorable de hidrógeno a carbono, indicando alta densidad de carbono y estabilidad. El equipo Vulcan Heavy de la empresa produce Biochar adecuado para transacciones de créditos de carbono a través de mercados como PURO.Earth, socio de NASDAQ, donde el precio actual es de aproximadamente €160 (~$167 USD) por tonelada.
BluSky Carbon (BSKCF)가 Biochar 생산을 위한 인증된 실험실 테스트를 성공적으로 완료했으며, 글로벌 탄소 크레딧 거래 자격을 확인했습니다. 이 테스트는 회사의 생산이 1억 5천만 달러의 AR1 오프테이크 계약 및 제안된 1억 9천2백만 달러의 AR2 Biochar 프로젝트의 요구 사항을 충족함을 확인합니다.
인증은 Biochar의 낮은 오염물질 수준과 유리한 수소-탄소 비율을 확인하여 높은 탄소 밀도와 안정성을 나타냅니다. 회사의 Vulcan Heavy 장비는 NASDAQ 파트너인 PURO.Earth와 같은 시장을 통해 탄소 크레딧 거래에 적합한 Biochar를 생산하며, 현재 가격은 톤당 약 €160 (~$167 USD)입니다.
BluSky Carbon (BSKCF) annonce l'achèvement réussi des tests de laboratoire certifiés pour sa production de Biochar, confirmant sa qualification pour des transactions mondiales de crédits carbone. Les tests valident que la production de l'entreprise répond aux exigences pour son accord de livraison AR1 de 105 millions de dollars et son projet Biochar AR2 proposé de 192 millions de dollars.
La certification confirme les faibles niveaux de contaminants du Biochar et le rapport hydrogène/carbone favorable, indiquant une haute densité de carbone et stabilité. L'équipement Vulcan Heavy de l'entreprise produit du Biochar adapté aux transactions de crédits carbone sur des marchés comme PURO.Earth, partenaire de NASDAQ, où le prix actuel est d'environ 160 € (~167 $ USD) par tonne.
BluSky Carbon (BSKCF) gibt bekannt, dass die zertifizierten Laboruntersuchungen für die Biochar-Produktion erfolgreich abgeschlossen wurden und die Qualifikation für globale CO2-Zertifikatsgeschäfte bestätigt ist. Die Tests bestätigen, dass die Produktion des Unternehmens die Anforderungen für seine 105 Millionen Dollar umfassende AR1-Abnahmevereinbarung und das vorgeschlagene 192 Millionen Dollar umfassende AR2-Biochar-Projekt erfüllt.
Die Zertifizierung bestätigt die niedrigen Schadstoffniveaus des Biochars und das günstige Verhältnis von Wasserstoff zu Kohlenstoff, was auf eine hohe Kohlenstoffdichte und Stabilität hindeutet. Die Vulcan Heavy-Ausrüstung des Unternehmens produziert Biochar, das für den Kohlenstoffzertifikatehandel über Marktplätze wie PURO.Earth, einem Partner von NASDAQ, geeignet ist, wo der aktuelle Preis bei etwa €160 (~$167 USD) pro Tonne liegt.
- Achieved certification for global carbon credit transactions qualification
- Confirmed production quality for $105M AR1 offtake agreement
- Validated production standards for proposed $192M AR2 Biochar project
- Product qualifies for carbon credit marketplace trading at ~$167/ton
- None.
Biochar Produced by Company Meets Biochar Offtake and Carbon Credit Standards
OLD SAYBROOK, CT and VANCOUVER, BC / ACCESSWIRE / December 19, 2024 / BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF)(FWB:QE4 /WKN A401NM) ("BluSky" or the "Company"), an innovative entry into the carbon removal clean technology sectoris pleased to announce that it has completed certified laboratory testing which confirms its Biochar production qualifies for global carbon credit transactions, including in respect of the company's recent
The Company believes that this technical hurdle is a singularly important milestone, as achieving the certification requires a Biochar producer to ensure quality and product credibility. To meet the requirements, Biochar production needs to meet a low threshold of contaminants such as heavy metals like nickel and chromium.
Additionally, the process needs to produce a stable product regarding a low hydrogen-to-carbon ratio (H/C). When biomass is pyrolyzed, the biomass loses hydrogen as a gas. This leaves behind carbon-dense biochar. The more carbon dense, and the less hydrogen, the more stable the biochar is in terms of carbon sequestration. In other words, a lower H/C ratio means less hydrogen, higher carbon density, and higher carbon stability.
Results of the certified lab testing demonstrate that BluSky's Biochar produced by its Vulcan Heavy equipment meets the Company's requirements for its current and future offtake agreements and categorically qualifies for carbon credit transactions.
BluSky CEO Will Hessert notes, "We are delighted to confirm that our Vulcan Heavy system delivers quality Biochar as intended. Fewer contaminants and higher carbon density has always been the target for our production team. The test results confirm product eligibility for our current and future biochar offtake agreements, including biochar quality suitable for carbon credit transactions by marketplaces such as NASDAQ partner PURO. Earth where current pricing is now sitting near €160 (~167USD) per ton. Our next step is to move through the accreditation process for carbon credit production and to deliver high-quality biochar to our commercial customers. Consistent high-quality char is what the industry needs and our goal is to deliver gigatonnes of it. With our Vulcan Heavy system, we are well on the way to achieving a meaningful carbon removal impact as we grow to scale in the year ahead."
ON BEHALF OF THE COMPANY
William ("Will") Hessert
Chief Executive Officer
About BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF)(FWB:QE4 /WKN: A401NM)
BluSky is a renewable energy company that is in the business of putting Carbon back into the ground - where it belongs! The Company converts organic and industrial waste into biochar, renewable power and carbonate rocks, as well as the development and sale of carbon capture technology. BluSky's primary objectives are to (1) construct carbon removal equipment; (2) sell the biochar produced by the carbon removal equipment; and (3) sell carbon credits generated from the production of biochar. The Company's business model is based on the growing need for carbon neutrality and demand to reduce CO2 emissions.
BluSky Carbon is publicly listed in Canada on the CSE with the trading symbol BSKY, on the OTCQB as BSKCF, and in Frankfurt, Germany (FWB) with the identifier QE4. BluSky's public filings and related documents are available on the Company's profile page on SEDAR+ at www.sedarplus.ca. For more information about the Company, please visit https://bluskycarbon.com/, watch our video, and sign up to receive news alerts or join us on social media at Facebook, X (formerly Twitter), Instagram, or LinkedIn.
Contact
BluSky Carbon Inc.
35 Research Parkway,
Old Saybrook, CT, 06475
Tel. (860) 577-2080
Web. https://bluskycarbon.com/
Email. info@bluskycarbon.com
Sales or partner opportunities:
Greg Pakiela, Business Development
greg.pakiela@bluskycarbon.com
Forward-Looking Information Disclaimer
This release contains statements and information that, to the extent that they are not historical fact, may constitute "forward-looking information" within the meaning of applicable securities legislation based on current expectations, estimates, forecasts, projections, beliefs and assumptions made by management of BluSky about the industry in which it operates. Forward-looking information includes, but is not limited to, the prospect of advancing any of the Company's current or future projects, financial and other projections, as well as statements regarding future plans, strategies, prospects, objectives or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as "may", "would", "could", "will", "likely", "except", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate", "outlook", or the negative thereof or other similar expressions concerning matters that are not historical facts.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation, that the Company's limited operating history; negative cash flow; financial position and results of operations differing materially from expectations; the expectation of incurring future losses and never becoming profitable; requiring additional capital to continue operations; reliance on the third-party service providers; strong competition from competitors in the carbon capture technology industry; technological changes in relation to carbon capture that may adversely affect adoption of current technology or the Company's products; supply and demand for the reduction of carbon emissions; and other risk factors described in the Company's filings, including its Annual Information Form, a copy of which may be obtained under the Company's profile at www.sedarplus.ca. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
SOURCE: BluSky Carbon Inc.
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FAQ
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