MGX has partnered with Highbury Energy Inc. to develop a thermochemical gasification process focused on generating hydrogen gas and extracting valuable metals such as nickel, vanadium and cobalt from petroleum coke, also known as petcoke.
Petcoke is a carbon material by-product of the oil and gas industry formed during the oil refining process. As refineries have become more efficient at processing extra heavy crude oils (bitumen) over the last two decades, output of petcoke globally has risen significantly.
The majority of Canadian petcoke output occurs in close proximity to the oil sand regions, where bitumen is upgraded into synthetic crude oil.
Estimate stockpiles of petcoke in the Province of Alberta
Vanadium concentrate in samples originating from Fort McMurray upgrading operation
While concentrations of individual metals are low in raw petcoke, MGX’s engineering partner Highbury Energy Inc. is utilizing its advanced knowledge of the thermochemical gasification process and existing large-scale pilot plant experience to assist MGX in designing a process to generate hydrogen gas and concentrate metals in the form of an ash byproduct.