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White Energy Company Limited ( (AU:WEC) ) has provided an update.
White Energy has secured a global exclusive agency agreement under which its wholly owned subsidiary, Binderless Coal Briquetting Company, will act as the exclusive worldwide sales agent for briquettor machines manufactured by K.R. Komarek that utilise the company’s BCB technology, beginning after the current worldwide licence expires in January 2026. The 10-year agreement, with automatic annual renewals, preserves White Energy’s strategic control over marketing BCB-based briquetting equipment, aligning with ongoing licensing negotiations with partner Proterra for key territories and supporting its push to commercialise coal-upgrading projects, particularly in South Africa, where successful trials have shown the potential to turn coal tailings into export-grade fuel and enhance the company’s positioning in cleaner, more efficient coal utilisation.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
More about White Energy Company Limited
White Energy Company Limited is an Australian energy technology company focused on coal upgrading through its proprietary Binderless Coal Briquetting (BCB) technology. The process transforms low-quality, high-moisture coal and coal fines into higher-energy, binderless briquettes that can be used interchangeably with high-ranking thermal coals, improving combustion efficiency for coal-fired power stations and industrial users while enabling recovery of coal tailings and better resource utilisation. Through its 51%-owned River Energy JV, the company targets markets such as South Africa, where it works with coal miners to convert reject tailings into saleable export-grade product.
Average Trading Volume: 77,599
Technical Sentiment Signal: Sell
Current Market Cap: A$12.36M
See more data about WEC stock on TipRanks’ Stock Analysis page.