SaltX media release yesterday - (they use CXL calcinator) so are they doing duplicative R&D?

SaltX and ABB in cooperation toexplore new innovative electric calcination technology

SaltX Technology is a Swedish energy storage company aiming toplay a vital role in the transition to renewable energy. The company is nowpartnering with ABB to accelerate the decarbonization of cement- and quicklimeindustries through electrification.

Lastyear SaltX started the development of a proprietary charging reactor to meetthe increasing demand from the industrial sector for EnerStore (SaltX energystorage solution). As presented in a press release in February 2022, thecompany mentioned the possible alternative usage of the charging reactor forcalcination, and not exclusively for energy storage.

SaltX and ABB are now exploring the opportunity to use thetechnology for other industrial processes reducing CO₂ emissionsin the production of quick lime, cement, and other calcination processes.

- Akey factor for our charging technology is the ability to reach very hightemperatures, and we believe it can support industries on a large scale. Theresults we have obtained so far are exceeding our expectations and we arepleased to take steps together with ABB and extend our cooperation, says Carl-Johan Linér, CEO of SaltX Technology.

The tests performed show promising results and the company is nowstrengthening its cooperation with ABB towards upscaling and commercialization.

- ABB wants to be at the forefrontof the transformation from fossil to renewable energy in the industrial sector.To cooperate with SaltX on a technology that has the potential to decarbonizethe calcination industry is therefore of great interest to us, says Björn Jonsson, HubManager, Process Industries, ABB.

SaltX and ABB will jointlyuncover the potential of this technology for different calcination usage casesand look forward to full results later this year.