Arqit announces a partnership with Dell Technologies to bring quantum-safe solutions to its customers

ARLINGTON, Va., Dec. 13, 2022 (GLOBE NEWSWIRE) — Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit”), a leader in quantum-safe encryption announces that it has signed with Dell Technologies (“Dell”) a “Dell OEM Engineered Solutions Pilot Agreement”. Dell agrees to preload Arqit’s QuantumCloud™ software on selected Dell hardware devices, enabling Dell sales teams to sell the combined hardware and software as a single SKU to address existing and new customer needs.

The initial target market is the US Federal Government, including the Department of Defense (DoD), the Federal Civilian Agencies and the Intelligence Community. Dell sales teams will be able to offer Arqit QuantumCloud™ software and Arqit sales teams will be able to offer Dell hardware and services in their sales portfolios.

Arqit’s QuantumCloud™ is a unique symmetric key agreement software which solves the problems of Public Key Infrastructure (PKI) and the quantum computing threat. QuantumCloud™ is the only product in the world with an independently assured security proof demonstrating that its cloud fulfilled symmetric encryption keys are zero trust and quantum-safe.

The combined solution architecture for the DoD enables Dell’s industry leading standards of excellence and quality with quantum-safe encryption capability. QuantumCloud™ is capable of protecting today against “Harvest Now, Decrypt Later” quantum computing attacks and greatly improves the security of a variety of applications, something unachievable with other post quantum cryptographic methods. With the ability to digitally rotate symmetric keys in real time and dynamically manage security groups the solution offers significant mission advantage across today’s growing threat surface.

Arqit Founder, Chairman and CEO David Williams, said: “We are honored to work with Dell, the leader in providing intrinsically secure infrastructure and devices, comprehensive threat detection and response, data protection and cyber recovery to government customers. America’s service men and women need to be assured of the benefits of stronger, simpler encryption to protect them against threats now and in future. By partnering with the very best innovator in the industry we have a great opportunity to do that in a comprehensive way.”

About Arqit

Arqit supplies a unique quantum safe encryption Platform-as-a-Service which makes the communications links or data at rest of any networked device or cloud machine secure against current and future forms of attack – even from a quantum computer. Arqit’s product, QuantumCloud™, enables any device to download a lightweight software agent, which can create encryption keys in partnership with any number of other devices. The keys are computationally secure, optionally one-time use and zero trust.  QuantumCloud™ can create limitless volumes of keys in limitless group sizes and can regulate the secure entrance and exit of a device in a group. Arqit believes it is the only company in the market to have achieved Independent Assurance Review of its Security Proof demonstrating that the software can produce encryption keys which are zero trust and provably secure, i.e. permanently safe against attack from even a full scale quantum computer. This review was conducted by the GCHQ Accredited Centre of Excellence in Cyber Security at the University of Surrey. The addressable market for QuantumCloud™ is every connected device.  Arqit was recently awarded the Innovation in Cyber award at the UK National Cyber Awards and Cyber Security Software Company of the Year Award at the UK Cyber Security Awards.

Media relations enquiries:
Arqitcontactus@arqit.uk
FTI Consulting: scarqit@fticonsulting.com

Investor relations enquiries:
Arqit: investorrelations@arqit.uk
Gateway: arqit@gatewayir.com

About Dell

Dell Technologies helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the data era.

Caution About Forward-Looking Statements

This communication includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These forward-looking statements are based on Arqit’s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqit’s control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit to predict these events or how they may affect it. Except as required by law, Arqit does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect Arqit’s future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: (i) the outcome of any legal proceedings that may be instituted against the Arqit related to the business combination, (ii) the ability to maintain the listing of Arqit’s securities on a national securities exchange, (iii) changes in the competitive and regulated industries in which Arqit operates, variations in operating performance across competitors and changes in laws and regulations affecting Arqit’s business, (iv) the ability to implement business plans, forecasts, and other expectations, and identify and realise additional opportunities, (v) the potential inability of Arqit to convert its pipeline into contracts or orders in backlog into revenue, (vi) the potential inability of Arqit to successfully deliver its operational technology which is still in development, (vii) the risk of interruption or failure of Arqit’s information technology and communications system, (viii) the enforceability of Arqit’s intellectual property, and (ix) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Arqit’s annual report on Form 20-F (the “Form 20-F”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 16, 2021 and in subsequent filings with the SEC. While the list of factors discussed above and in the Form 20-F and other SEC filings are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realisation of forward- looking statements.

GlobeNewswire Distribution ID 8713697

FeedbackFruits Wins the Silver Award at the Reimagine Education Awards 2022

FeedbackFruits’ assessment tools win the Reimagine Education Silver Award in the Learning Assessment category

Featured Image for FeedbackFruits

Featured Image for FeedbackFruits

AMSTERDAM, Dec. 13, 2022 (GLOBE NEWSWIRE) — FeedbackFruits has been selected from over 1,100 submissions as the Reimagine Education Awards 2022 Silver Award winner in the Learning Assessment category for their five tools for diversified assessment. Two other FeedbackFruits projects were also shortlisted, in the Innovation in Business Education and The Power of Partnerships categories.

The Reimagine Education Awards is the largest global awards program for innovative pedagogies. The awards, organized by the Wharton School and QS Quacquarelli Symonds, celebrate approaches that enhance student learning outcomes and employability, thus fundamentally changing the educational landscape.

Nunzio Quacquarelli, President, QS and co-founder of Reimagine Education, said: “It is a pleasure and a privilege to offer a global platform to the projects, pedagogies, and solutions that represent the future of educational provision. With over 500 international independent judges participating in the evaluation process, plus a distinguished 25 persons Grand Jury, our winners have received the unequivocal backing of expert educationalists across the world. They should take exceptional pride in their achievement.”

Since 2012, FeedbackFruits has been co-creating evidence-based pedagogical technology with thought-leading institutions, such as Cornell University, Deakin University, and IE Business School. The winning FeedbackFruits project consists of six teaching tools for holistic and multi-level assessment that help institutions scale and innovate their evaluation practices.

Ewoud de Kok, CEO of FeedbackFruits, believes that this achievement reflects the emerging need for innovative pedagogical practices: “The importance of promoting more authentic assessment has been increasingly apparent in the sector. FeedbackFruits is proud to be among the many innovators in higher education and edtech who transform the way we evaluate students’ progress and performance.”

For Joost Verdoorn, Chief Product Officer at FeedbackFruits, the awards were the legitimization of the company’s focus on the lived experience of educators: “Our assessment tools have been developed with higher education institutions from start to finish. It is because of their insights and feedback that we have been able to create effective technology that boosts learning outcomes and saves educators’ time in the process.”

This achievement has validated FeedbackFruits’ mission of supporting educational institutions to provide a more personalized, engaging, and meaningful learning experience for all students.
About FeedbackFruits

FeedbackFruits is an EdTech scale-up based in Amsterdam with the mission to help foster a generation of critical and empathic thinkers through pedagogical innovation. The tools encompass a range of learning activities such as self and peer assessment, online discussion, and team-based learning. For further information, visit feedbackfruits.com.

About Reimagine Education Awards 2022

Reimagine Education is a global conference and competition, open to educational innovators from all around the world. For further information, visit reimagine-education.com.

For more information, press only: marketing@feedbackfruits.com

Contact Information:
Irmak Ozgenoglu
Marketing Manager
irmak@feedbackfruits.com

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GlobeNewswire Distribution ID 8713035

Intel 471 and Threatray Announce Joint Research Collaboration

WILMINGTON, Del. and BIEL-BIENNE, Switzerland, Dec. 13, 2022 (GLOBE NEWSWIRE) — Intel 471, the premier provider of cyber threat intelligence for leading intelligence, security, and fraud teams across the globe and Threatray, a Swiss technology leader in malware identification, attribution and intelligence, announced today that they are entering into a joint research collaboration.

The collaboration between the two companies will leverage Threatray’s core engine to perform code reuse analysis and identify malware variants with a high degree of resilience. It will enable a more accurate tracking of actors and campaigns to better inform threat landscape reporting. Finally, this joint research effort will generate higher value IOC extraction supporting improved detection, triaging, threat hunting and incident response.

“The depth and breadth of Threatray’s malware identification will help provide our portfolio companies with a greater and richer level of insights and reporting,” said Mark Arena, CEO of Intel 471. “The threat landscape is ever changing in terms of severity and complexity. Partnering with industry leaders like Threatray ensures that we can continue to deliver on our promise of premier cyber threat intelligence.”

Threatray has developed an entire novel and highly scalable search engine for code that finds relationships between malware threats currently invisible to other technologies. Bringing the power of search to malware defense allows Threatray to innovate significantly in threat identification and attribution as well as intelligence analysis and correlation.

“We’re extremely proud and excited about this as well as intelligence analysis,” commented Endre Bangerter, CEO and co-founder of Threatray. “Intel 471’s deep coverage and intimate understanding of the cybercriminal ecosystem is well known in the industry. Having access to this new data and collaborating with their Intelligence team will push further our malware tracking and intelligence capabilities.”

About Intel 471
Intel 471 empowers enterprises, government agencies and other organizations to win the cybersecurity war using near-real-time insights into the latest malicious actors, relationships, threat patterns, and imminent attacks relevant to their businesses.

The company’s TITAN platform collects, interprets, structures, and validates human-led, automation-enhanced results. Clients across the globe leverage this threat intelligence with our proprietary framework to map the criminal underground, zero in on key activity, and align their resources and reporting to business requirements. Intel 471 serves as a trusted advisor to security teams, offering ongoing trend analysis and supporting your use of the platform. Learn more at https://intel471.com/.

About Threatray
Threatray is the most advanced malware identification engine, both in depth of analysis and width of coverage with unique OSINT correlation capabilities. Threatray provides faster, more accurate and deeper threat identification, allowing security teams to rapidly make better informed decisions while aggregating and retaining valuable proprietary knowledge and intelligence. Its platform simplifies and enhances all malware defense use cases —from triage and incident response to hunting and advanced analysis— for analysts of all skill levels. Learn more at https://threatray.com/.

Contact:
simon@threatray.com

GlobeNewswire Distribution ID 1000771930

Italian Embassy: Italy-Spain, 2022. Tiepolo Award to the CEO of Ferrovie dello Stato Italiane and the CEO of Endesa

Italian Embassy: Italy-Spain, 2022. Tiepolo Award

Luigi Ferraris, CEO of Ferrovie dello Stato Italiane (FS Group), and José Bogas Galvez, CEO of Endesa, received the 2022 Tiepolo Award.

MADRID, Spain, Dec. 13, 2022 (GLOBE NEWSWIRE) — Yesterday evening Luigi Ferraris, CEO of Ferrovie dello Stato Italiane (FS Group), and José Bogas Galvez, CEO of Endesa, received the 2022 Tiepolo Award. Since 1996, this award has been celebrating the achievements of successful Spanish and Italian entrepreneurs and their important contribution to the strengthening of economic and trade relations between the two countries. The award was presented to the CEOs by the Spanish Minister of Industry, Commerce and TourismReyes Maroto, at the Amboage Palace, headquarters of Italy’s diplomatic representation in Madrid. Ferraris and Bogas “are two well-known executives, one Italian and the other Spanish, whose companies are leaders in two strategic sectors of the economy and strongly aim at decarbonization; two sectors in which the activities of these two companies are obviously very close to people’s needs, contributing to the wellbeing of the society in which we live,” said the Italian Ambassador in MadridRiccardo Guariglia, in his opening speech at the award ceremony. The Tiepolo Award is granted by the Italian Chamber of Commerce and Industry for Spain (CCIS) and the Confederación Española de las Organizaciones Empresariales (CEOE), under the auspices of the Embassy of Italy in Spain; the president of Assocamerestero, Mario Pozza, and the presidents of CCIS, Marco Pizzi, and CEOE, Antonio Garamendi also attended the ceremony. Now in its 25th edition, the award was sponsored by Brembo, FS Group, Generali, Italfarmaco, Endesa, Iveco, Mediaset Spain, Negrini, Unidad Editorial, Intesa Sanpaolo and Iryo. Over the years it has been awarded to well-known public figures such as Francesco Starace, Giovanni Agnelli, Cesare Romiti, Pietro Salini, Marco Tronchetti Provera and Mario Monti.

“I would like to share this prestigious award with the entire team of the FS Group and with the more than 82,000 employees working in Italy and in its subsidiaries abroad. In particular, with the colleagues working here in Spain, who in these very weeks are busy with the debut of our Frecciarossa 1000 on the tracks of the Spanish high-speed rail network,” “the latest step in a strategy that sees the FS Group increasingly active in an integrated European railway market that is open to competition,” said Ferraris, in his speech from the stage after receiving the award. “Our goal is to share the experience gained in the Italian high-speed market, making it available to Spain and Europe in order to replicate the positive results and successful models achieved in Italy,” he added. Ferraris has been the CEO of Ferrovie dello Stato Italiane, Italy’s largest infrastructure group and a leader in passenger and freight rail transport, since June 2021. Through its operator Trenitalia, the Group is part of the Iryo consortium, the first private high-speed company in Spain, which launched its first commercial service in the country on the Madrid-Barcelona line on November 25 and will soon start operating from the Spanish capital to Cuenca and Valencia, on December 16.

“Receiving the Tiepolo Award is for me an honour and a privilege for which I am deeply and sincerely grateful,” Bogas said in his speech, highlighting his “deep professional and personal bond with Italy; I can say that I have made good Italian friends over the last two decades.” “Today, belonging to a global business group is a huge privilege,” stressed the CEO of Endesa; “it gives us the opportunity to see the world from different perspectives. Each country has its own projects and each culture its own virtues. That is why I have always experienced the Endesa-Enel partnership as a constant exchange of value in both directions, which makes us undeniably better.” José Damián Bogas Gálvez has been the CEO of Endesa SA, a leading company in the Spanish electricity sector and the second largest electricity market operator in Portugal, since 2014. He is also Country Manager for Spain of the Enel Group, the Italian energy multinational to which Endesa belongs, and President of Enel Green Power Spain, which deals with renewable energy generation and is one of the main players in the renewable energy sector worldwide. Under Bogas’ leadership, the company has been playing a key role in the technological transformation of the energy sector and the transition to clean energy, focusing on renewables in the ambitious goal – shared with its Italian parent company Enel – of achieving complete decarbonisation of its activities by 2040.

The Tiepolo Award “is an example of the close economic relations” between Spain and Italy, said Spanish Industry Minister Reyes Maroto, stressing that the NRRP could be an opportunity to increase collaboration between Madrid and Rome. The Minister also noted that, so far, the winners of the Tiepolo Award have all been men and therefore called on the jury not to forget female leadership and to recognise female entrepreneurs in the two countries.

For more information:

LaPresse SpA Communication and Press Office Director
Barbara Sanicola barbara.sanicola@lapresse.it

Italian Embassy : Italy-Spain, 2022. Tiepolo Award

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cd7e8def-0cd5-4ce0-a219-175b60d67054

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

GlobeNewswire Distribution ID 8713655

UPDATE — Iceotope Study with Meta Reveals Efficiency of Precision Immersion Liquid Cooling for High-Density Storage Drives

Meta Precision Immersion Cooled HDD

Iceotope Study with Meta Reveals Efficiency of Precision Immersion Liquid Cooling for High-Density Storage Drives

  • First known study to test precision immersion cooling for high-density data storage successfully demonstrates efficiency
  • Virtually silent operation helps mitigate acoustic vibrational issues associated with air-cooled solutions
  • The introduction of sealed helium-filled HDDs opens the door for more effective precision immersion liquid cooling in storage racks

SHEFFIELD, United Kingdom, Dec. 13, 2022 (GLOBE NEWSWIRE) — Iceotope, the global leader in precision immersion cooling, announces a new study with Meta confirming the practicality, efficiency and effectiveness of chassis-level liquid cooling technology to meet the cooling requirements of high-density storage disks increasingly being deployed and utilised by hyperscale data centre service providers.

The recently published study with Meta suggests the advantages of improved thermal management, reduced vibration and equalised temperature across the JBOD, which leads directly to lower failure rates and costs for data centre operators. The hard drive systems supplied in a rack form factor in chassis drawers are an ideal fit for precision immersion cooling technology.

Neil Edmunds, Director of Innovation, Iceotope, said: “As demand for data storage continues to escalate, so will the solutions needed by hyperscale data centre providers to efficiently cool the equipment. The study demonstrated that liquid cooling for high-density storage successfully cools the drives at a lower, more consistent temperature for fewer drive failures, lower TCO and improved ESG compliance.”

High-density storage proliferating
With constant streams of data emerging from the Internet of Things, video, artificial intelligence and more, up to 463 exabytes of data is expected to be generated by each person, each day by 2025. How data is accessed and interacted with is constantly changing, causing a real impact on the processing and storage of that data. In just a few years, it’s predicted that global data storage will exceed 200 zettabytes of which half will be stored in the cloud according to Cybersecurity Ventures.

This presents a unique challenge for hyperscale data centre storage infrastructure. According to Seagate, cloud data centres choose mass-capacity hard disk drives (HDDs) to store 90% of their exabytes. Typically found in a 3.5-inch form factor, HDDs are a tried and tested technology which continues to offer data centre operators cost-effective storage at scale. Current top-of-the-range units provide 20 TB capacity, but this is expected to reach >120TB by the end of the decade.

More data storage means more spinning disks, higher-speed motors, and more actuators – all of which translates into more power being used. As disks go up in power, so does the amount of heat they produce. The introduction of helium into hard drive enclosures over the last decade has not only improved disk performance with less drag but with the units now sealed, the practicality of using liquid cooling solutions at HDD level has been opened.

Meta study liquid cooling for high-density storage
The study showcases an air-cooled, high-density storage system re-engineered to utilise single-phase immersion cooling. The standard commercial storage system consisted of seventy-two hard drives, two single socket nodes, two SAS expander cards, NIC and a power distribution board in a 4OU form factor. The hard drives were hermetically sealed, and helium filled.

The liquid cooling system tested was an Iceotope precision immersion liquid cooling system – the air-cooled version was modified with the addition of a dedicated dielectric loop connected to a liquid-to-liquid heat exchanger and pump. Meta proceeded to measure temperature variation across the hard drives and cooling pump power in the air-cooled and liquid-cooled systems.

The results are conclusive
The study successfully demonstrated precision immersion cooling was a more efficient means of cooling the HDD racks with the following results:

  • Using precision immersion liquid cooling, the variance in temperature between all 72 HDDs was just 3°C, regardless of location inside the JBODs
  • Liquid cooling demonstrated that the HDD systems could operate reliably in rack water inlet temperatures up to 40°C.
  • System-level cooling power was less than five percent of the total power consumption.
  • Liquid cooling’s virtually silent operation helps mitigate acoustic vibrational issues for drives often encountered with air-cooling solutions.

While precision immersion is found to be a superior alternative to air-cooling high-density disk arrays, other forms of liquid cooling including cold plates, tank immersion, or two-phase immersion, don’t preserve the operational benefits such as HDD density, user access for serviceability and ability to hot swap drives to the same degree.

To download your copy of the study, please visit https://www.iceotope.com/company/news-events/iceotope-study-with-meta-reveals-efficiency-of-precision-immersion-liquid-cooling-for-high-density-storage-drives/

About Iceotope
Iceotope’s chassis-level precision immersion technology offers a simple, unified platform that cools, protects and monitors the whole IT stack in any location from the extreme edge to the hyperscale cloud.

Offering up to 96% water reduction, up to 40% power reduction, and up to 40% carbon emissions reduction per kW of ITE, Iceotope’s precision immersion cooling solutions are game-changing in the design, build and operation of data centres.

Visit www.iceotope.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6486f5eb-174b-4e32-9a1f-9164cba2fb53

Iceotope Media Contact
Damien Wells, Spa Communications
e: dwells@spacomms.com
m: +44 (0) 7900 302102

GlobeNewswire Distribution ID 1000771979

New Zealand Imposes Lifetime Ban on Youth Buying Cigarettes

New Zealand on Tuesday passed into law a unique plan to phase out tobacco smoking by imposing a lifetime ban on young people buying cigarettes.

The law states that tobacco can’t ever be sold to anybody born on or after January 1, 2009.

It means the minimum age for buying cigarettes will keep going up and up. In theory, somebody trying to buy a pack of cigarettes 50 years from now would need ID to show they were at least 63 years old.

But health authorities hope smoking will fade away well before then. They have a stated goal of making New Zealand smoke-free by 2025.

The new law also reduces the number of retailers allowed to sell tobacco from about 6,000 to 600 and decreases the amount of nicotine allowed in tobacco that is smoked.


“There is no good reason to allow a product to be sold that kills half the people that use it,” Associate Minister of Health Dr. Ayesha Verrall told lawmakers in Parliament. “And I can tell you that we will end this in the future, as we pass this legislation.”

She said the health system would save billions of dollars from not needing to treat illnesses caused by smoking, such as cancer, heart attacks, strokes, and amputations. She said the bill would create generational change and leave a legacy of better health for youth.

Lawmakers voted along party lines in passing the legislation 76 to 43.

The libertarian ACT party, which opposed the bill, said many small corner stores, known in New Zealand as dairies, would go out of business because they would no longer be able to sell cigarettes.

“We stand opposed to this bill because it’s a bad bill and its bad policy, it’s that straightforward and simple,” said Brooke van Velden, ACT’s deputy leader. “There won’t be better outcomes for New Zealanders.”

She said the gradual ban amounted to “nanny-state prohibition” that would end up creating a large black market. She said prohibition never worked and always ended with unintended consequences.


The law does not affect vaping, which has already become more popular than smoking in New Zealand.

Statistics New Zealand reported last month that 8% of New Zealand adults smoked daily, down from 16% ten years ago. Meanwhile, 8.3% of adults vaped daily, up from less than 1% six years ago.

Smoking rates remain higher among Indigenous Māori, with about 20% reporting they smoked.

New Zealand already restricts cigarette sales to those aged 18 and over, requires tobacco packs to come with graphic health warnings and cigarettes to be sold in standardized packs.

New Zealand in recent years also imposed a series of hefty tax hikes on cigarettes.

The law change was welcomed by several health agencies. Health Coalition Aotearoa said the new law represented the culmination of decades of hard-fought advocacy by health and community organizations.

 

 

Source: Voice of America

 

South African Researchers Develop New Method to Clean Mining-Polluted Water

 

A South African researcher has developed a way to remove contaminants from water used in mining that could help clean up the dirty industry. The award-winning ion exchange method not only cleans the water but captures polluting metals that can then be re-purposed.

At a Johannesburg laboratory, researchers from the University of the Witwatersrand have developed a way to clean acid mine drainage (AMD).

AMD is the runoff of pollutants like sulfuric acid and heavy metals that secrete into waterways, affecting wildlife and rural mining communities.

AMD is often found at gold and coal mines, which are plentiful in South Africa.

Tamlyn Naidu is a post-doctoral research fellow involved in the project.

“What we wanted to do is minimize environmental impact for a lot of these communities that are afflicted by AMD. They have been born into mining communities, they work in mining communities, they’re either scared to report it or to complain about it, because this is their livelihood,” she said.

The ion exchange filtration system that Naidu and her colleagues have developed uses countless polystyrene beads, each the size of a pinhead, which the water passes through.

Unlike a coffee filter, which physically blocks coffee grounds from passing through with water, the beads grab the contaminants in the water chemically.

The passing water, which can be scaled up to clean 1,000 liters an hour, then comes out clear.

“This project though, does something extra. It also wants to extract from the water valuable materials. So what has been identified in some of these streams, especially coal mining streams, is that the acid that’s produced from the mine waters actually dissolves out some rare earth metals,” says Ed Hardwick, the owner of Cwenga Technologies, which is a partner in the research.

Rare earth metals are in huge demand globally because they can be used in new technology like electric vehicles. Being able to extract them adds a financial incentive to cleaning up AMD.

Naidu said she hopes this can empower communities by monetizing the extracted materials from the AMD.

“Ultimately, from this project, we want community members to be involved in something that’s easy for them to operate, that they can extract value from and start, you know, seeing the value that companies have been taking onto the land and taken away from them. And yeah, I guess adding to their quality of life,” she says.

A method to clean up AMD that can be monetized would be good news for the government and communities that are now burdened with the costly task.

“If this was going to be an incentive, it should be on the incentive of the state and that any monies that are obtained from the separation of those minerals that can be repurposed, that can be used, is then fed back into one rehabilitation, but also two, into creating sustainable economies for the communities that are impacted,” says Tarisai Mugunyani, an attorney with the Center for Environmental Rights in Johannesburg.

Researchers say they are hopeful their filtration system, which can be adapted to clean the unique chemistry of AMD at any site, will soon be adopted widely.

It has already gained international attention with Naidu taking the first prize for emerging talents breakthroughs at the Falling Walls Science Summit in Berlin last month.

Naidu said several companies in mining and technology sectors have contacted her about becoming involved.

 

 

Source: Voice of America

Azerbaijani currency rates for December 13

BAKU, Azerbaijan, December 13. The official exchange rate of the US dollar and euro against Azerbaijani manat as of December 13, 2022, is set at 1.7 and 1.7921 manat, respectively, Trend reports via Central Bank of Azerbaijan (CBA).

The manat rate to other global currencies for Tuesday according to the CBA:

Currencies
1 US dollar USD 1,7
1 Euro EUR 1,7921
1 Australian dollar AUD 1,1484
1 Argentine peso ARS 0,0099
1 Belarus ruble BYN 0,6735
1 Brazil real BRL 0,3212
1 UAE dirham AED 0,4628
1 South African rand ZAR 0,0966
100 South Korean won KRW 0,1305
1 Czech koruna CZK 0,0737
1 Chilean peso CLP 0,1959
1 Chinese yuan CNY 0,2436
1 Danish krone DKK 0,2409
1 Georgian lari GEL 0,6357
1 Hong Kong dollar HKD 0,2187
1 Indian rupee INR 0,0206
1 British pound GBP 2,0856
100 Indonesian rupiah IDR 0,0109
100 Iranian rials IRR 0,004
1 Swedish krona SEK 0,1646
1 Swiss franc CHF 1,8159
1 Israeli shekel ILS 0,4957
1 Canadian dollar

Ətraflı

CAD 1,2473
1 Kuwaiti dinar KWD 5,5377
1 Kazakh tenge KZT 0,0036
1 Kyrgyz som KGS 0,02
100 Lebanese pound LBP 0,1118
1 Malaysian ringgit MYR 0,3834
1 Mexican peso MXN 0,0855
1 Moldovan leu MDL 0,088
1 Egyptian pound EGP 0,069
1 Norwegian krone NOK 0,1704
100 Uzbek soum UZS 0,0151
1 Polish zloty PLN 0,382
1 Russian ruble RUB 0,027
1 Singapore dollar SGD 1,2549
1 Saudi riyal SAR 0,452
1 SDR (Special Drawing Rights of IMF) XDR 2,258
1 Turkish lira TRY 0,0912
1 Taiwan dollar TWD 0,0554
1 Tajik somoni TJS 0,1672
1 New Turkmen manat TMT 0,4857
1 Ukrainian hryvnia UAH 0,046
100 Japanese yen JPY 1,2344
1 New Zealand dollar NZD 1,0854

 

 

Source: TREND News Agency