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First Tellurium Corp ( (TSE:FTEL) ) just unveiled an announcement.
First Tellurium Corp.’s subsidiary, PyroDelta Energy Inc., has developed a thermoelectric generator designed to convert waste heat from AI and crypto mining data centers into clean electricity. This innovation could significantly enhance energy efficiency and reduce costs for data centers, which are rapidly expanding due to the growing demand for AI and cloud computing. The device’s potential application in crypto mining facilities and other industries like drones and greenhouses highlights its broad market potential, positioning First Tellurium as a key player in sustainable energy solutions.
More about First Tellurium Corp
First Tellurium Corp. operates with a unique business model focused on generating revenue and value through mineral discovery, project development, and the advancement of tellurium-based technologies. The company is publicly traded on the Canadian Stock Exchange under the symbol ‘FTEL’ and on the OTC market under ‘FSTTF’.
YTD Price Performance: 12.50%
Average Trading Volume: 73,963
Technical Sentiment Signal: Sell
Current Market Cap: C$14.91M
See more insights into FTEL stock on TipRanks’ Stock Analysis page.