Acceleware Secures Next Phase Contract for Mineral Drying Project with Saskatchewan’s International Minerals Innovation Institute
- Feb 4
- 3 min read
Updated: Mar 30
CALGARY, AB, Canada – February 4, 2026 – Acceleware Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE) is pleased to announce that it has been awarded a Phase 3A contract for a potash drying project by the International Minerals Innovation Institute (IMII). This project, valued at $350,000, positions Acceleware as a leader in the application of radio frequency (RF) heating technology for industrial mineral processing. This development creates a robust competitive edge in the potash and critical minerals industry while reinforcing the Company's commitment to innovation and environmental stewardship.
Strategic Alignment with Acceleware’s Objectives
“This project is precisely aligned with Acceleware’s overarching strategy: to utilize RF heating technology to decrease energy consumption and reduce operating costs,” stated Geoff Clark, Chief Executive Officer of Acceleware.
The new project phase will build upon Acceleware's and IMII’s Phase 2 development. This previous phase encompassed the design, construction, and testing of prototype Clean Tech Inverter (CTI)-powered dryers at an increasing scale. The results from Phase 2 testing indicated that RF-based drying possesses the potential to dry both typical and fines product streams more efficiently than traditional methods. Furthermore, it is expected to reduce downstream costs by minimizing the volume of air flow utilized in the drying process.
Importance of Phase 3A Testing
“Data obtained from the Phase 3A test will significantly inform future research and development of this technology. It represents an important step in evaluating the RF drying technology with a once-through configuration,” remarked Lesley McGilp, Executive Director of IMII.
Phase 3A will employ a new fully instrumented RF energy-based 200 kg/hour dryer to dry potash fines, with the objective of reducing moisture content from 12% to 0.2%. Potash fines typically constitute 20% of the production from a standard mine and are generally more challenging and costly to dry. This phase will encompass the validation of the technology's effectiveness and the optimization of the dryer design. The successful completion of this phase will provide IMII and its members with results and confidence to consider supporting further development and testing of the technology.
About IMII
The International Minerals Innovation Institute (IMII) serves as the trusted hub for expertise and innovation within Saskatchewan’s minerals industry. It drives transformative change, inspires actionable solutions, and fosters a sustainable and globally respected minerals sector in the province. As a member-based organization governed by industry, post-secondary education, and government, IMII unites stakeholders to accelerate technological innovation, develop a representative workforce, and promote thought leadership. Together, these efforts drive progress and shape the future of the minerals sector.
About Acceleware
Acceleware is an advanced electromagnetic (EM) heating technology company that provides proprietary radio frequency (RF) power-to-heat solutions. These solutions are designed to enhance production, reduce energy consumption, and lower operating costs in large-scale industrial heating applications.
The core innovation of Acceleware, the Clean Tech Inverter (CTI), has been field-proven through an initial commercial-scale pilot of RF XL, Acceleware’s thermal enhanced oil recovery technology aimed at increasing heavy oil production.
Acceleware is leveraging its CTI expertise across various sectors to enhance production and diminish energy consumption. Currently, three mining projects are underway with major operators, and an amine regeneration project is also in progress.
Acceleware is publicly listed on the TSX Venture Exchange under the symbol AXE.
Conclusion
In conclusion, the advancements made through the Phase 3A contract with IMII signify a pivotal moment for Acceleware. The integration of RF heating technology into potash drying processes not only aligns with the Company's strategic objectives but also underscores its commitment to fostering innovation and sustainability within the heavy industrial sector. The anticipated outcomes of this project are expected to yield significant benefits, including enhanced efficiency and reduced emissions, thereby contributing to the broader goal of leading the shift towards electric industrial process heating.
Disclaimers
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates, and projections as of the date of this release. Any statement that involves discussions regarding predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events, or performance (often but not always using phrases such as “expects,” “anticipates,” “plans,” “continues,” “budget,” “scheduled,” “forecasts,” “estimates,” “believes,” or “intends,” or variations or negatives of such words and phrases, or stating that certain actions, events, or results “may” or “could,” “would,” “might,” “shall,” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
For further information:
Geoff Clark, CEO
Tel: +1 (403) 249-9099
