Finland: Betolar has signed a letter of intent with Australia-based RISAB and the Vanadium Recovery Project to research the use of steel slag from which vanadium has been extracted in concrete production. Dow Jones Institutional News has reported that the company says that, through it Geoprime alkali-activated additive technology, the new slag source could replace 10% of the cement used in concrete production in Finland.
CEO Matti Löppönen said "We see a huge opportunity for Betolar here. If successful, we would be able to offer our customers a specific, currently unused slag of the steel industry to replace cement in concrete. Our customers already have experience in utilising other types of slag in the production of concrete using Geoprime. Utilising new side streams will expand the reach of our solution as planned.”
Betolar launched Geoprime in September 2021. It is currently developing a recipe-optimising artificial intelligence (AI) and data platform to bring together concrete producers and suppliers of slag, ash and other materials.
