White Energy Company Limited (White Energy) is the exclusive worldwide licensee of a patented technology which upgrades high moisture, low value sub-bituminous and lignite coals through a low cost process of dehydration and compaction. This technology is known as the Binderless Coal Briquetting (BCB) technology and was developed by a consortia lead by the Commonwealth Scientific and Industrial Research Organisation (CSIRO).
White Energy has more recently applied the BCB technology to the beneficiation of thermal and metallurgical coal fines. Coal fines represent a major environmental liability for coal producers and also carry a significant ongoing maintenance cost. By leveraging its patented and scalable technologies to beneficiate coal fines White Energy aims to produce a high-valued saleable product that can enhance a mine’s revenues.
White Energy continues to focus on its original and core BCB coal technology business, which is based on the upgrading of low rank, low cost sub-bituminous coals to export grade higher value coal.
White Energy is also focused on identifying good quality coal properties for acquisition, where the BCB technology can be utilised to add value to projects. It is expected that some of the resources currently under consideration by White Energy will not require application of the BCB technology, and can be mined and sold directly into export markets.
White Energy is a global operating business listed on the Australian Stock Exchange which is organised around two distinct but related business divisions:
White Energy currently has business operations in Australia, Indonesia, the United States, Africa and China.
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WEC Company Presentation April 2014
A number of matters discussed throughout the Company’s website contain forward-looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipates”, and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties, or other factors that may cause the company’s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. In addition where comparisons are made between White Energy Company and other companies, we have made best efforts to properly interpret publicly made information by these companies but cannot be certain that such comparisons are completely accurate.