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White Energy Company Limited ( (AU:WEC) ) has issued an announcement.
White Energy Company Limited has reported ongoing advancements in its Binderless Coal Briquetting (BCB) technology, which is designed to convert low-rank coals and coal fines into more valuable briquettes. The company is actively engaging with mine owners to utilize this technology for recovering and upgrading waste coal materials, thus reducing emissions and improving coal production efficiency. In collaboration with its joint venture partner, Proterra Investment Partners, White Energy is pursuing opportunities in South Africa to implement BCB projects, with successful trials demonstrating the potential for producing export-grade coal products from reject tailings.
More about White Energy Company Limited
White Energy Company Limited operates in the coal technology industry, focusing on the development and exploitation of Binderless Coal Briquetting (BCB) technology. The company aims to upgrade low-cost, low-rank coals and coal fines into higher energy yielding briquettes, providing solutions for coal producers to maximize mine yield and address environmental issues related to coal fines.
Average Trading Volume: 4,790
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$10.91M
For detailed information about WEC stock, go to TipRanks’ Stock Analysis page.