Mr. William Hessert reports
BLUSKY CARBON BIOCHAR QUALITY STANDARDS ACHIEVED
Blusky Carbon Inc. has completed certified laboratory testing which confirms its biochar production qualifies for global carbon credit transactions, including in respect of the company's recent $105-million AR1 offtake agreement (see the company's news release dated Sept. 24, 2024) and proposed $192-million AR2 biochar project (see the company's news release dated Dec. 11, 2024).
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 chief executive officer Will Hessert noted: "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 euros (approximately $167 (U.S.)) per tonne. 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."
About Blusky Carbon Inc.
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 develops and sells 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 (carbon dioxide) emissions.
Blusky Carbon is publicly listed in Canada on the Canadian Securities Exchange under the trading symbol BSKY, on the OTCQB as BSKCF and in Frankfurt, Germany (FWB), with the identifier QE4.
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