DTE signs contract with Century Aluminium

DTE secures $1.85M contract for its unique real-time liquid metal intelligence solution with Century Aluminium for low-carbon products

REYKJAVIK, ICELAND – Oct 21, 2022

DTE, a leader in metals intelligence, is pleased to announce the signature of a $1.85M contract with Nordural Grundartangi ehf, (“Nordural”) a wholly owned subsidiary of Century Aluminium Company (NASDAQ: CENX) in Iceland.

Under the contract, DTE will provide its revolutionary real-time chemical composition analysis solution for the four skimming stations of the new low-carbon billet casthouse. DTE’s solution will monitor the quality of the liquid aluminium transferred from the electrolysis potroom to the furnaces, optimizing the value chain by enabling the correct aluminium quality to be directed to the appropriate furnace based on the final product to be cast. Nordural will benefit from maximizing throughput, minimizing cycle time in the furnaces, minimizing emissions and energy consumption, and removing bottleneck limitations in the casthouse. DTE’s fully autonomous solution avoids the need for manual intervention by plant personnel, contributing to plant safety and reducing analysis costs.

DTE signs contract with Century AluminiumNordural’s decision was driven by a similar solution under testing in the existing casthouse. Olafur Arnar Fridriksson, Project Manager of the new billet casthouse at Nordural, commented, “We are very pleased to continue working with DTE. We see great potential in the equipment under testing in our current casthouse, so selecting DTE for this project was a straightforward decision. DTE is a strategic partner for Nordural, with their solution being gradually implemented throughout the production process”.

Diego Areces, CEO of DTE, said, “I’m very thankful and excited for this opportunity, which is a major milestone for DTE. Nordural has been one of our strategic partners and has remained a great supporter of DTE. We look forward to delivering on this commitment and contributing value to the new low-carbon billet casthouse project. In addition, we will continue working together, deploying DTE’s solution along Nordural’s production process to maximize operational efficiency, resilience, and sustainability.”

Nordural’s new value-added casthouse will have a capacity of 150,000 tonnes of billet production and is expected to start production in the first quarter of 2024. The expansion project will also double Grundartangi’s annual capacity to produce primary foundry alloys from its current 60,000 tonnes of capacity to 120,000 tonnes of capacity. This additional billet and primary foundry alloy capacity replaces standard-grade ingot production, raising expected product premiums for Grundartangi products. The $120 million investment is expected to create approximately 90 jobs during construction and approximately 40 permanently.

The new Natur-Al™ billets and foundry products will be produced to meet the growing demand from European customers for low-carbon aluminium products. Grundartangi uses Iceland’s 100% renewable energy resources to create Natur-Al™ aluminium, which has one of the lowest CO₂ footprints in the world. Natur-Al™ billet and foundry products will have less than a quarter of the CO₂ content of the industry average, fulfilling growing demand from Europe’s most environmentally conscious consumers. Natur-Al™ products can significantly reduce the carbon footprint of end products which is necessary for the highly competitive markets for consumer goods, vehicles, packaging, and construction materials.

About DTE

DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.

Our purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.

IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.

For more information, please visit www.dte.ai

 

Contact Information

DTE ehf.

Diego Areces, CEO

diego.areces@dte.ai

Tel: (+354) 698 0173

Read More

DTE will be at Aluminium 2022 in Dusseldorf

REYKJAVIK, ICELAND – Sept 1, 2022

DTE (www.dte.ai), a leader in metals analytics and intelligence, is thrilled to participate in ALUMINIUM – World Trade Fair and Conference on September 27-29 at the Exhibition Centre Düsseldorf, Germany! Meet our team at the Internasjonale Messetjenester AS Stand #6F24.

For the conference agenda: https://www.aluminium-exhibition.com/en-gb/visitors/programm1.html#/sessions

We look forward to meet customers, partners and all other interested parties to discuss how DTE is contributing to greener, safer and more efficient metals through real-time intelligence from liquid metals!

https://lnkd.in/dY86qua

#aluminum #fasterbettermetals #dtemetalsintelligence #aluminium2022 #unlockingthefutureofmetals

###

About DTE

DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.

Our purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving its digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.

IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.

For more information, please visit www.dte.ai.

Contact Information

DTE ehf.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

DTE set to scale with support from EIT Manufacturing

REYKJAVIK, ICELAND – Jul 20, 2022

DTE (www.dte.ai), the leader in real-time intelligence from liquid metals, will be supported by EIT Manufacturing, the largest innovation community in the manufacturing industry in Europe, to continue contributing to circularity and Industry 4.0 in the metals industry.

DTE is a pioneer in innovation for metals intelligence with a breakthrough solution to safely analyze the chemical composition of liquid metals continuously and in real-time. This innovation enables customers to generate predictive intelligence from their data, supporting critical decisions during the metals production process to maximize sustainability, efficiency, safety, and value.

Traditionally, chemical composition analysis is performed at regular intervals by human intervention; DTE’s solution eliminates waiting times for test results and make the overall analysis process safer by removing the associated risks with human sampling.  Continuous checks also increase precision and enable recycled materials to be incorporated as a larger part of the smelt. For the first time, EIT Manufacturing’s support will contribute to serving the customers that DTE has and to expanding IREAS, DTE’s metals intelligence solution, into new metals and materials.

“DTE is a very good example of how technology and innovation, combined with a strong team, contributes to efficiency, value and sustainability,” commented Kaitlin McGovern, Senior Program Manager at EIT Manufacturing, “At EIT Manufacturing we believe in supporting companies like DTE, not only to foster innovation and growth but also to contribute to a greener, safer and more efficient manufacturing industry.”

“We are thrilled to have been selected to receive the advice and financial support from EIT Manufacturing,” commented Diego Areces, CEO of DTE, “This is a testament of our customers’ trust in our team’s drive as well as the European manufacturing community. We look forward to working together with the EIT Manufacturing stakeholders to continue contributing to a circular metals industry and to the development of the advanced materials of the future by generating unique data and intelligence out of the chemical composition of liquid metals.”

EIT Manufacturing is the largest innovation community of the European manufacturing industry, which works specifically with the aim of Europe leading innovation and promoting the development of a sustainable and competitive industry. This community, which is part of the European Institute of Innovation and Technology (EIT), an organization of the European Union, brings together emerging companies, SMEs, and innovative European corporations in the manufacturing sector to promote joint commercial activities. Through specific programs, EIT Manufacturing supports startups through different services such as access to markets, financial investment and advice. Since 2021, this support has resulted in more than 300 connections between startups and corporates and active support to around 80 start-ups.  EIT Manufacturing’s supported companies have received more than €10.5 million in investments since 2021.

###

About DTE

DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.

DTE’s purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving its digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.

For more information, please visit www.dte.ai

 

About IREAS™

IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.

IREAS™, DTE’s Intelligent Real-Time Elemental Analysis System is the first on-market solution replacing manual sampling of cooled solid samples with autonomous reference grade compositional analytics in real time from high temperature metal. Based on DTE’s proprietary LB-LIBS™ technology, IREAS uses laser induced breakdown spectroscopy to reads the precise composition of the liquid metal surface. It reduces the wait time for compositional data from hours to seconds, enabling this data to be incorporated in real time and predictive process control, while improving the safety of human operators by distancing them from the hot metal.

For more information, please visit www.dte.ai

 

About EIT Manufacturing – Making Innovation Happen!

EIT Manufacturing is supported by the European Institute of Innovation and Technology (EIT), a body of the European Union. It is one of eight innovation communities within EIT. EIT Manufacturing’s main goal is to bring European stakeholders focused on manufacturing together in innovation ecosystems that add unique value to European products, processes, and services and inspire the creation of globally competitive and sustainable manufacturing. EIT Manufacturing brings together more than 70 members (universities, research institutes, and businesses).

The European Institute of Innovation and Technology (EIT) strengthens Europe’s ability to innovate by powering solutions to pressing global challenges and by nurturing entrepreneurial talent to create sustainable growth and skilled jobs in Europe. The EIT is an EU body that is an integral part of Horizon Europe, the EU Framework Programme for Research and Innovation. The Institute supports the development of dynamic pan-European partnerships – EIT Knowledge and Innovation Communities – among leading companies, research labs, and universities.

More information at www.eitmanufacturing.eu

 

Contact Information

Diego Areces, CEO

DTE ehf.

diego.areces@dte.ai

Tel: (+354) 698 0173

 

Forward-Looking Statements

This press release may contain certain forward-looking statements concerning the financial condition, results of operations and businesses of DTE (“the Company). All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in these statements. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of this presentation. The information in this presentation is subject to updating, completion, revision, further verification, and amendment without notice and the Company does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information.
Read More

DTE receives European Innovation Council (EIC) award of €2.4 million with up to €7 million equity investment

REYKJAVIK, ICELAND – Jun 20, 2022

DTE (www.dte.ai), a leader in real-time and AI-based predictive metals analytics and intelligence for industry, announced today that it is the recipient of a €2.4 million grant award from the European Innovation Council, with a recommended further equity investment of up to €7 million that can be applied for through the EIC Fund. The fund, created by the European Commission in 2020, aims to provide direct equity investments in breakthrough innovation companies and offer the opportunity for other private investors to co-fund such highly innovative companies. The EIC award builds on a prior EU funding of €1.4 Million as a Horizon 2020 award received by DTE in 2018.

“We are delighted to have been selected to receive this award from the European Innovation Council,” commented Diego Areces, CEO of DTE, “The EIC’s expert assessment process further validates and endorses the huge potential of IREAS, our metals analytics and intelligence solution both to add value and improve the sustainability of the metals industry. Today, producers and manufacturers are stuck with outdated methods for measuring and incorporating analysis of metals which hinders their process control and ultimately, ability to innovate. Our first-in-industry solution generates real time compositional data and intelligent process decision support from liquid metals, contributing to EU competitiveness, accelerating materials innovation, and helping energy intensive industries to decarbonize. This grant will enable us to advance our solution for aluminium smelter potrooms where we have already demonstrated the ability enhance predictive maintenance, with the potential to save billions of dollars per year in avoidable costs.”

IREAS™, DTE’s Intelligent Real-Time Elemental Analysis System is the first on-market solution replacing manual sampling of cooled solid samples with autonomous reference grade composi-tional analytics in real time from high temperature metal. Based on DTE’s proprietary LB-LIBS™ technology, IREAS uses laser induced breakdown spectroscopy to reads the precise composition of the liquid metal surface. It reduces the wait time for compositional data from hours to seconds, enabling this data to be incorporated in real time and predictive process control, while improving the safety of human operators by distancing them from the hot metal.

###

About DTE

DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.

Our purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving its digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.

IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.

For more information, please visit www.dte.ai

About the European Innovation Council (EIC)

The EIC is Europe’s flagship innovation programme to identify, develop and scale up break-through technologies and game changing innovations. The European Innovation Council (EIC) has been established under the EU Horizon Europe programme. It has a budget of €10.1 billion to support game changing innovations throughout the lifecycle, from early-stage research to proof of concept, technology transfer, and the financing and scale up of start-ups and SMEs. The strategy and implementation of the EIC is steered by the EIC Board, which has independent members appointed from the world of innovation (entrepreneurs, researchers, investors, corporates and others from the innovation ecosystem). The EIC takes a proactive approach to managing funding under the leadership of EIC Programme Managers who develop visions for innovation and technology breakthroughs and steer portfolios of projects to achieve these goals.

A unique feature of the EIC is that it provides funding for individual companies through both grants and investments, which currently take the form of direct equity or quasi-equity investments and are managed by the EIC Fund.

For more information, please visit eic.ec.europa.eu

Contact Information

DTE ehf.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

DTE is a Winner of Tech Tour Future22 in the Digital Tech Category

REYKJAVIK, ICELAND – Mar 30, 2022

DTE (www.dte.ai), a leader in metals analytics and intelligence, is proud to have been chosen as a winner of the Tech Tour Future22 Digital Tech Category, one of just 38 companies selected out of 1000.

Every year Tech Tour meets with more than 2000 innovative companies in Europe which apply for our 20+ programmes in the sectors of digital, health tech and sustainability. From them, around 1000 take part in the programmes to meet with investors and peers and grow to reach their bold ambition.

From the 1000 selected companies committees of active investors in each sector picked the best 250 and Tech Tour challenged them to take part in Future22 – the gathering of tech companies, investors, corporations and professionals and a must for every tech entrepreneur. The online event took place on 23 – 25 March and the top 38 emerging (seed and Series A) companies were divided into 3 sectors – digital, health tech and sustainability.

DTE is focused on the multi-trillion-dollar metals production and manufacturing value chain, which is vital to our society and key to its decarbonization. Our unique, fully automated solution integrates proprietary elemental analyzers with our AI platform, generating predictive process intelligence to improve product quality, increase throughput, cut emissions, and improve profitability.

Find out more by contacting us at contact@dte.ai

#techtour #future22 #dtemetalsintelligence #metalsintelligence

Find out more about Tech Tour

###

About DTE

DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.

Our purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving its digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.

IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.

For more information, please visit www.dte.ai.

Contact Information

DTE ehf.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More
TMS 2022

Meet DTE at TMS 2022!

REYKJAVIK, ICELAND – Feb 27, 2022

DTE (www.dte.ai), a leader in metals analytics and intelligence, will attend TMS 2022. We invite customers, partners and collaborators to meet with us at the Anaheim Convention Center, Anaheim, California. We are in Booth 616, from Monday, February 28th to Wednesday, March 2nd.

TMS 2022

For the TMS 2022 exhibit directory, check here: https://lnkd.in/gsAMXu2S

In addition, DTE’s CSO Kristjan Leosson will present the research paper “Continuous Chemical Analysis of Molten Aluminum”, on Wednesday, March 2nd, 2022, at 9:45 AM in room 209A and DTE’s Chief Metallurgist Rauan Meirbekova will chair the session “Recycling and Sustainability in Cast Shop Technology”, on Tuesday, March 1st, 2022, at 2:30PM in room 209A.

DTE will also be present through the collaboration in two other research papers. They are:

“Direct Production of Aluminum Manganese and Silicon Alloys in Aluminum Reduction Cells, A Laboratory Test” to be presented by Gudrun Saevarsdottir on Thursday, March 3, 2022, at 9:00AM in room 209B

and

“Direct Production of Aluminum Titanium Alloys in Aluminum Reduction Cells, A Laboratory Test”, to be presented by Geir-Martin Haarberg, on Monday, March 14, 2022, at 8:00 AM through an on-demand room.

For the TMS 2022 conference guide, check here: https://lnkd.in/gRhVBCtE

Looking forward to meeting you all!

#IIoT #sustainability #fasterbettermetals #dtemetalsintelligence

###

About DTE

DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.

Our purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving its digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.

IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.

For more information, please visit www.dte.ai.

Contact Information

DTE ehf.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More
EGA takes delivery of its first DTE analyzer

DTE ships first Real Time Intelligence from Liquid Metals Solution to Emirates Global Aluminium in UAE

REYKJAVIK, ICELAND – Dec 1, 2021

DTE (www.dte.ai), a leader in metals analytics and intelligence, announces that it is shipped its first “real-time intelligence from liquid metals” solution Emirates Global Aluminium (EGA​) in the UAE.

Intelligence from Liquid Metals
DTE’s solution at Emirates Global Aluminium (EGA​).

DTE is both excited and proud to have our first solution up and running in testing operations at Emirates Global Aluminium (EGA​). We are thankful to EGA​, for its trust in DTE’s solution and capabilities, as part of its commitment to decreasing greenhouse emissions and digital transformation of its industrial operations. EGA will not only be benefiting from DTE’s chemical composition capabilities but also from DTE’s metal intelligence platform, which will be predicting – among other capabilities – unplanned pot failure.

We are also proud of our team and the two leaders on the ground, Kristinn Benediktsson and Dusan Markovic.

For more information, please, visit our website: www.dte.ai

#dtemetalsintelligence #fasterbettermetals #EGA #digitaltransformation

###

About DTE

DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.

Our purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving its digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.

IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.

For more information, please visit www.dte.ai.

Contact Information

DTE ehf.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More
ISCOBA 2021

DTE to present at ICSOBA 2021 in Manama, Bahrain

REYKJAVIK, ICELAND – Nov 1, 2021

DTE (www.dte.ai), a leader in metals analytics and intelligence, will attend ICSOBA 2021. The 39th INTERNATIONAL CONFERENCE
AND EXHIBITION ICSOBA 2022 will take place on 22-25 November 2021, in Manama, Bahrain and online.

DTE will present two papers on Wednesday, 24 November, starting at 18:20 GMT+3

“Portable Elemental Analysis Device for Real-Time Chemical Analysis of Aluminium” Presented by Rauan Meirbekova.

“Profitability Increase in Aluminium Smelter potroom Using Real-Time Elemental Analysis from Liquid Metal based on LP-LIBS” Presented by Berglind Höskuldsdóttir.

ISCOBA 2021

We look forward to meet customers, partners and all other interested parties to discuss how DTE is contributing to greener, safer and more efficient metals through real-time intelligence from liquid metals!

For more information please see: https://www.linkedin.com/feed/update/urn:li:activity:6868900819991834624/

#aluminum #fasterbettermetals #dtemetalsintelligence #ISCOBA2021 #unlockingthefutureofmetals

###

About DTE

DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.

Our purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving its digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.

IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.

For more information, please visit www.dte.ai.

Contact Information

DTE ehf.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More