Sustainability

CVW CleanTech’s project complements the Sustainable Mining Principles developed by the Mining Association of Canada and adopted by the oil sand industry. These Principles call for performance measures in areas such as footprint of disturbance, speed of reclamation, emissions, energy usage, and water usage. Environmental improvements associated with CVW CleanTech’s project could enhance performance in a number of these areas. Potential benefits and environmental improvements include:

• Utilization of waste tailings from non-renewable resources
• Additional bitumen and solvent recovery from the oil sands resource
• Significant reduction of volatile organic compounds (VOCs) and particulates emissions through the recovery of additional bitumen and hydrocarbons otherwise lost in the tailings
• Avoidance of methane emissions from tailings ponds
• Reduces oil sands tailings volumes, by converting waste into valuable products, creating a ready-to-reclaim tailings output compliant with the AER’s Directive 85
• Eliminates the need for mining in the critical mineral recovery process
• Production of valuable critical minerals supportive of the emerging green/circular economies
• Creation of a new sustainable industry in Alberta and Canada, and a new global export market for critical minerals