Seaweed extraction blockchain tech capturing carbon credits
Released
Released
Announcement PDF
BPH GLOBAL LTD
ACN 009 104 330
26 November 2024
Company Announcements Pla9orm
Australian Securi<es Exchange
Seaweed Consultancy renewed – Focus on Blockchain, carbon credits and AI
to drive R&D program
Highlights
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Blockchain technology: focus on sourcing and deployment of blockchain technology to
facilitate:
o biological integrity and sustainability of seaweed culHvaHon and processing; and
o the development of an accreditaHon methodology for the issue of blue carbon credits
ArHficial Intelligence technology (AI): ConHnued focus on AI to enhance criHcal mineral and
nutraceuHcal idenHficaHon and extracHon
EssenHal Mineral and NutraceuHcal extracHon: FermentaHon and Phycomining techniques to
unlock essenHal minerals and nutraceuHcals
Biohydrogen ExtracHon: ProducHon of biohydrogen/biogases as a natural by-product of
fermentaHon
CommercialisaHon: commercialisaHon opportuniHes to drive R&D strategies
Consultancy Agreement Renewed: two (2) year agreement with Gaia Mariculture
Expanded R&D role: Gaia to conduct R&D and to oversee out-sourced R&D projects
The Board of BPH Global Ltd (ASX: BP8) (Company), is pleased to advise the re-appointment of Gaia
Mariculture Pte Ltd (Gaia Mariculture) as the manager of the Company’s research and development
programs (R&D Programs). Pursuant to the renewed consul<ng agreement, the Company’s wholly
owned, Singapore-based subsidiary Stemcell United Pte Ltd (BP8 Singapore) has engaged Gaia
Mariculture as a to manage the BP8 Group’s R&D Programs (ConsulHng Agreement).
ConsulHng Agreement
Pursuant to the Consul<ng Agreement, Gaia Mariculture will provide:
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Out-sourced Research, being the R&D that has been or will be outsourced by or on behalf of
the BP8 Group to a third party to be conducted by that party under the supervision of Gaia;
and.
In-house Research, being the R&D to be undertaken directly by Gaia.
Out-sourced Research comprises the following services which the BP8 Group is seeking to out-source
to third par<es:
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Sourcing, development and deployment of Blockchain technologies: sourcing, development
and/or acquisi<on of blockchain technologies and their deployment to:
o provide biological integrity and traceability and to promote sustainable farming of
seaweed; and
o enable the measurement of carbon capture and storage by seaweeds to facilitate the
crea<on of an accredita<on scheme for the issue of blue carbon credits;
Phycomining to unlock nutraceuHcals and criHcal minerals: conduct of a feasibility study on the
efficacy of deploying Phycomining techniques (the use of aqua<c hyperaccumulator biomasses
to bioaccumulate higher concentra<ons of metals in seaweed cul<vated in seawater) to:
o determine whether levels of metals that are found in seaweed occur in natural
quan<<es or in unnaturally high concentra<ons when the seaweed is cul<vated in
polluted waters; and
o develop techniques to recover valuable metals from the seaweed biomass;
AI GeneHc Algorithm: con<nued development of an AI generated gene<c algorithm to enable
machine determina<on of varia<ons in seaweed genomes to be applied to seaweed breeding
and gene edi<ng;
AI-enhanced extracHon: development and deployment of AI driven imaging technology to
further enhance essen<al mineral iden<fica<on and isola<on so as to increase the effec<veness
of phyto-hydrometallurgical techniques to extract essen<al minerals from seaweed; and
AddiHonal scope: any addi<onal or related service rela<ng to a project outsourced to a third
party reasonably requested by the BP8 Group and agreed by Gaia from <me to <me.
In-house Research comprises the following services to be provided by the Gaia to the BP8 Group:
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Germplasm Seedbank (prisHne waters): con<nued development of the exis<ng germplasm
seedbank for deployment in pris<ne waters;
Germplasm Seedbank (polluted waters): development of an addi<onal germplasm seedbank
dedicated to different strains and species of seaweed which have a high cri<cal mineral content
and which can grow successfully in waters polluted by heavy metals;
Precision CulHvaHon Systems: con<nued development of the BP8 Group’s proprietary technical
produc<on technology which includes desired seedlings, nutrient formula<on and standard
cul<va<on system implementa<on processes;
FermentaHon to unlock nutraceuHcals and criHcal minerals: con<nued development of the
fermenta<on (Anaerobic Diges<on) process of extrac<ng nutraceu<cals and cri<cal minerals,
based on a non-pyroly<c/low heat process;
ProducHon of biohydrogen/biogas as a natural by-product of fermentaHon: development of the
BP8’s ability to produce biogases, principally biohydrogen and biomethane as a by-product of the
fermenta<on process; and
Interns: consul<ng and advice in rela<on to the recruitment, engagement and supervision of
interns appointed by the Company to work on the R&D Projects;
ReporHng regime: run the Research Projects using the student interns engaged by the BP8
Group, and report results and outcomes of the Research Projects to the BP8 Group on a monthly
basis; and
AddiHonal scope: any addi<onal or related service reasonably requested by the BP8 Group and
agreed by Gaia from <me to <me.
The ini<al term of the Consul<ng Agreement is two years from the effec<ve date (1 December 2024).
The Consul<ng Agreement can be terminated by either party on the giving of thirty (30) days’ no<ce.
As with the previous agreement, the renewed Consul<ng Agreement requires that the services to be
provided Gaia are overseen exclusively by Mr Alan Lee. In considera<on of Gaia providing the
consultancy services, BP8 Singapore will pay Gaia SGD5,000 per month. BP8 Singapore will conduct a
performance review of Gaia provision of the services on 1 July 2025.
For further informa.on, please visit our website at www.bp8global.com or contact:
Mr Paul Stephenson
BPH Global Limited
Chairman
E: pauls@bp8global.com
This announcement has been approved for release by the Board of Directors.
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