First Tellurium reports that its majority-owned subsidiary PyroDelta Energy Inc. has developed a thermoelectric radiator that will take waste heat from AI and crypto mining data centers and convert it into clean electricity. The device is based on the design of PyroDelta's automobile thermoelectric generator using the liquid that AI data centers use in their immersion cooling processes and passing it through a radiator [...]
First Tellurium reports that its majority-owned subsidiary PyroDelta has completed a prototype for its tellurium-based automobile thermoelectric radiator. The device, which is tubular in design, is being retrofitted into a combustion engine vehicle and will be presented to the public in April. A video showing the prototype and explaining its working concept can be viewed here. The PyroDelta thermoelectric radiator [...]
First Tellurium reports that, due to growing inquiries from overseas markets regarding re the thermoelectric generator/radiator under development by the Company's subsidiary PyroDelta Energy, First Tellurium has hired Montpellier Corporate Advisors of Dubai to help access capital and raise investor awareness in the Middle East. Interest in the device has increased significantly following the USA Today article about [...]
First Tellurium reports that China has recently announced immediate new export restrictions on tellurium in response to tariffs imposed by the Trump administration. China dominates global tellurium refining and supply, and the country's restrictions are likely to push both the U.S. and Canada to develop new domestic sources of the rare metal. China's restrictions also include the other critical metals tungsten, bismuth [...]
First Tellurium reports that recent tests of the PyroDelta thermoelectric generator show the device is capable of operating under unprecedented temperature extremes, far above the capabilities of currently available thermoelectric devices. The PyroDelta generator, designed and manufactured by First Tellurium's majority-owned subsidiary PyroDelta Energy, has produced electricity while withstanding temperatures of 900 [...]
First Tellurium announces that it has closed the third and final tranche of a non-brokered private placement previously announced on Oct 28, 2024. Under the Third Tranche, the Company has issued 4,328,572 flow-through shares for gross proceeds of $606,000. Together with the first tranche closing announced October 23, 2024 for $1,831,637, the second tranche closing of announced Decr 9, 2024 for $452,500 and the third [...]
First Tellurium Corp. reports that USA Today has featured a story on First Tellurium subsidiary PyroDelta Energy and PyroDelta's new tellurium-based thermoelectric generator. The December 11 article, titled "How PyroDelta's Thermoelectric Technology Could Change Energy Independence," presents the generator as a possible solution to the challenges of power storage and efficiency. "Imagine a device that could produce power [...]
CSE: FTEL Vancouver, December 9, 2024 - First Tellurium Corp. , announces that it has closed the second tranche of a non-brokered private placement previously announced on October 28, 2024. Under the Second Tranche, the Company has issued 931,818 units for gross proceeds of $102,500 and 2,500,000 flow-through common shares for gross proceeds of $350,000. Each Unit consists of one common share and one common share purchase [...]
First Tellurium Corp. reports that Fenix Advanced Materials , a world leader in the supply of ultra-high purity metals, has signed a Letter of Intent with First Tellurium's 75% owned subsidiary PyroDelta Energy Corp to be the preferred supplier of tellurium and other critical metals for manufacture of PyroDelta's thermoelectric generators. As previously reported by First Tellurium, PyroDelta is developing thermoelectric [...]
First Tellurium Corp. reports that the Company's application to the U.S. Defense Industrial Base Consortium , first announced in July 2024, has been approved. The DIBC is a worldwide industrial complex that helps the Department of Defense access commercial solutions for defense requirements and innovations from industry, academia, and non-traditional contractors. Strategic and Critical Materials are considered essential [...]
First Tellurium Corp. reports the Company has submitted its final payment to Michael Abdelmaseh to acquire a 75% interest in First Tellurium's subsidiary PyroDelta Energy Corp. First Tellurium had committed in May, 2024 to acquire its interest from Mr. Abdelmaseh, PyroDelta's Chief Engineer and inventor of PyroDelta's next-generation, tellurium-based thermoelectric generator. More information about the device can be found [...]
Private placement funds will contribute to development of thermoelectric generator, while the flow-through share financing will be reduced by 2,000,000 shares. Vancouver, BC, Canada, October 28, 2024 - First Tellurium Corp. announces that the Company is increasing the size of its recently-announced private placement financing from up to 14 million units to up to 15 million units at a price of $0.11 per Unit for gross [...]
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