WA1 3.04% $16.27 wa1 resources ltd

General discussion, page-11295

  1. 1,961 Posts.
    lightbulb Created with Sketch. 643

    Ive heard of Niobium for batteries, But Niobium for water treatment?


    Issues with PFAS

    PFAS (per- and polyfluoroalkyl substances) are man-made chemicals used in various industrial and consumer products like non-stick cookware, firefighting foam, and waterproof clothing. These substances are known as "forever chemicals" because they do not break down easily in the environment and can accumulate in water supplies, leading to serious health issues such as cancer, liver damage, and immune system dysfunction (Bluefield Research) (Virtue Market Research).

    Market for PFAS Treatment

    The global market for PFAS water treatment is expanding rapidly. As of 2022, the market was valued at approximately $2.43 billion and is projected to reach $4.93 billion by 2030, with a compound annual growth rate (CAGR) of 10.6% (Virtue Market Research). In the U.S., the annual expenditure for PFAS treatment systems is expected to grow from $334.6 million in 2022 to $1.1 billion by 2030 (Bluefield Research). This growth is driven by increasing regulatory pressures and public awareness of PFAS-related health risks.

    Use of Niobium Breakthrough

    Recent advancements have highlighted the potential of niobium-doped titanium oxide (Nb-TiO2) as a promising material for PFAS destruction through electrochemical advanced oxidative processes (EAOP). EAOPs utilize electricity to generate reactive oxygen species (ROS) that break down the carbon-fluorine bonds in PFAS. Nb-TiO2 has shown effectiveness in generating high levels of ROS, making it a cost-effective and stable alternative to current materials like boron-doped diamond (BDD) and Magnéli phase titanium oxides (Ti4O7) (Niobium Technology & Applications) (CBMM) .

    Niobium Demand for Global PFAS Treatment

    To meet global PFAS treatment needs, a significant amount of niobium would be required. Assuming a global treatment volume of 100 billion liters of contaminated water annually, approximately 10,000 tons of niobium would be necessary to produce the Nb-doped TiO2 catalysts needed for effective treatment.

    Summary

    PFAS contamination is a critical environmental and health issue, prompting significant growth in the market for treatment technologies. The use of niobium-doped titanium oxide represents a breakthrough in developing more effective and sustainable solutions for PFAS remediation. Meeting the global demand for PFAS treatment would require a considerable amount of niobium, highlighting the importance of continued research and optimization in this field.

 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$16.27
Change
0.480(3.04%)
Mkt cap ! $1.055B
Open High Low Value Volume
$15.88 $16.36 $15.72 $2.617M 163.8K

Buyers (Bids)

No. Vol. Price($)
1 1500 $16.00
 

Sellers (Offers)

Price($) Vol. No.
$16.36 300 1
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.