🕐01.12.09 - 15:53 Uhr
IBC Advanced Alloys Signs SBIR Funded Research Proposal for Beryllium Applicati ons for the Wind Industry
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Re: News Release - Tuesday, December 01, 2009
IBC Advanced Alloys Signs SBIR Funded Research Proposal for
Beryllium Applications for the Wind Industry
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VANCOUVER, BC -- December 1, 2009 -- IBC Advanced Alloys Corp.
(TSX-V:
IB) ("IBC" or the "Company") announces that it has signed a
collaborative research proposal (the "Proposal") with a leading
Washington, DC based clean energy consulting company.
The research,
supported by funding from the National Science Foundation Small
Business Research Program ("SBIR"), aims to explore the development and
commercial application of beryllium and beryllium oxides (BeO) in the
growing wind energy and wind turbine market.
The Proposal addresses a major challenge affecting wind turbine
reliability caused by wear resistance and bearing failure.
IBC and its
research partner will assess the technical and commercial feasibility
of an advanced plasma-based method of applying a BeO coating to three
metal alloys: beryllium, beryllium copper, and aluminum bronze.
A BeO
coating on bearings would dramatically increase the wear resistance of
the bearings in wind turbines, thus increasing reliability and
significantly reducing the costs of operation.
Success of this work
could lead to a large untapped market for BeO coated parts for use in
the wind turbine industry, as well as other large industrial markets.
Under the terms of SBIR Phase I, IBC and its research partner will
combine proprietary plasma technology with IBCs unique beryllium
materials technology to work toward solving bearing failure, which is
the number one problem of the growing wind energy market.
SBIR Phase I,
if approved, will be supported with budget of approximately $150,000.
A
Phase II is planned to expand on the findings of Phase I.
"Were very eager to work with our new research partner on this project
who are acknowledged leaders in the clean energy and wind power
market," said Ken Shasteen, IBCs Director of Technical Development.
"Development and commercial application of this technology can
significantly advance wind energy and allow operators and governments
alike to more confidently invest in economically viable green energy
solutions."
About IBC Advanced Alloys Corp.
IBC Advanced Alloys Corp.
is an integrated manufacturer and distributor
of rare metal (beryllium-based) alloys and related products serving a
variety of industries including nuclear and alternative energy,
automotive, telecommunications and a range of industrial applications.
IBC has 59 employees and is headquartered in Vancouver, Canada with
production facilities in Pennsylvania, Indiana and Missouri.
Additionally, IBC owns prospective beryllium properties in the Western
US and Brazil covering approximately 9,500 hectares.
IBC is creating a
dynamic global beryllium and advanced alloys company.
IBCs common
shares are traded on the TSX Venture Exchange under the symbol "IB".
For additional information please contact:
IBC Advanced Alloys Corp.
Ian Tootill, Director of Corporate Communications
(604) 685-6263 ext 110
Email:
Website: www.ibcadvancedalloys.com
This news release was prepared by management of IBC, which takes full
responsibility for its contents.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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Copyright (c) 2009 IBC ADVANCED ALLOYS CORP (IB) All rights reserved.
For more information visit our website at
http://www.ibcadvancedalloys.com/ or send
mailto:
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