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From seawater, we provide the world with clean, desalinated drinking water using a process that reduces brine waste as well as a range of high purity salt including Sodium Chloride, Potassium Chloride, Magnesium Chloride, Lithium Chloride, Calcium Chloride, Disodium, and Sulphate.

The Water
Market

The water Market
hyrec_market_water_image

The World Bank has estimated that 300 million people in Africa have no access to clean water, while the International Water Management Institute has estimated that by 2025, 1.8 billion people will live in countries with absolute water scarcity.

Many of the regions facing water shortages are those with expanding economies and populations, such as the Middle East, South Africa, and China.

Existing water sources including rainfall and river runoff are already insufficient to meet the world’s needs for agriculture, drinking water, and industry. Demand is outstripping supply. Desalination of sea water will play a key role in closing the gap.

There are currently about 16,000 desalination plants globally producing about 95 million m3 of water per day and a by-product 141 million m3 of highly concentrated saline solution (brine).

The biggest challenges to expanding desalination are the high-power consumption and the disposal of brine, which adds to costs and is associated with environmental damage.

Hyrec’s solutions reduce power consumption, increase output of clean water, and reduce brine waste. It also significantly improves the recovery of valuable salt products.

For investors, this means higher returns with a lower environmental impact.

Types of water output include: 

  • Desalinated Water
  • Demineralized Water
  • Drinking Water
  • Pharmaceutical Grade Pure Water
  • Pharmaceutical Salt

The Salt
Market

Salt Market
salt_market_image

The world demand for salt is rising both through general economic and population growth and its vital importance to industrial processes. Current salt demand stands at 325 Mega Tonnes (Mt).

Asia accounts for 155Mt of this demand, 70Mt of which is demand for high purity salt for use in Asia’s growing chemical sector. That figure is forecast to rise to 110mt by 2027.

Some of this demand can be met by increased shipping of salt to Asia mainly from Australia and India, but current expectations are for a 20Mt supply deficit in high purity salt by 2027.

Hyrec’s desalination solutions are suitable for the recovery of a wide range of salts including:

Sodium Chloride
Potassium Chloride
Magnesium Chloride
Lithium Chloride
Calcium Chloride
Disodium
Sulphate

Sodium Chloride
(Sea Salt)

Sea_salt

Sea salt is used in food, agriculture, cosmetics, the chemicals industry, and animal feed. Rising populations and a growing global market of consumers is driving demand for salt across these sectors.

The global market for sodium chloride currently was worth US$20 billion in 2020 and is forecast to reach USD$26 billion by 2026.

Hyrec’s OARO process is capable of taking seawater, which has a typical salinity of 3-4%, and producing desalinated water and a concentrated sodium chloride solution with a salinity of 20-26%. Mechanical Vapor Recompression (MVR) crystallization turns this into food grade salt.

Potassium
Chloride

Other Minerals
potassium-chloride

Potassium chloride is a significant ingredient in fertilizers, pharmaceuticals, the chemicals industry, and food. Rising global population and affluence is expected to drive rising demand for potassium chloride for agricultural use. This is being further fueled by applications in cosmetics and industry. The Global market for potassium chloride is expected to reach US$16 billion by 2030.

Typically found in ground sources and lake beds, potassium chloride is extracted by dissolving the salt in water and then recovering it through desalination.

Expanding agricultural production will be the key driver of growing demand for potassium chloride, fueled further by its uses in cosmetics and food. Potassium chloride is the most common ingredient for healthier low-sodium salt as a food additive, which is a growing segment particular in emerging markets.

Low sodium salt consumption is growing at a compound annual growth rate of 6.6%, and this consumer market alone is expected to reach USD200 million by 2031.

Magnesium
Chloride

magnesiumchloride
Magnesium chloride has applications across the food, textile, pharmaceutical and construction sectors. It is also commonly used as a deicer to clear snow and ice and can be used as the base for extracting magnesium metal through electrolysis.

The principal source for potassium chloride is highly saline bodies of water such as salt lakes and seawater. Extraction is trough desalination techniques where Hyrec’s solutions offer improved efficiency and lower cost.

China leads the global market in the consumption of magnesium chloride, principally in chemical manufacture, construction, and metallurgy. It is closely followed by the United States and Europe where its use as a deicer to clear snow-bound roads is increasing rapidly.

Demand is rising at a compound annual growth rate of about 4.5% and the global market for magnesium chloride is expected to reach US$4.4 billion by 2025.

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