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Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
 Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgrading process, according to the statement posted on Evergreen Energy's website.
Th statement further said, the testing is a continuation of efforts to develop the Penrhyn deposit which is owned by Southern Coal Holdings, a joint venture between WPG and EEE. Earlier this summer, SCH announced the completion of a core drilling program and released a preliminary JORC-compliant resource statement of 352 metric tons (Mt) in the Penrhyn deposit with a further exploration target of 300 to 330 Mt. The current announcement describes initial results of testing this coal at EEE’s Gillette, Wyoming Test Facility.
Coal core samples retrieved from the resource drilling program were shipped to EEE’s Gillette, Wyoming Test Facility where testing was conducted to assess the commercial potential of using Penrhyn coal as a feedstock to the K-Fuel® upgrading process. The Penrhyn coal was separated into 3 representative composites at the Wyoming facility, and multiple process runs were performed on each set of composites.
Evergreen is delighted to announce that the results indicate significant moisture removal and concomitant heating value improvement were achieved by the process. Moisture in the raw coal from Penrhyn was reduced significantly and the resulting K-Fuel® product was of a steam coal/thermal coal quality. A complete suite of results will be completed by the end of September, including the testing of Lochiel North coal (see below) at which time, as previously noted, a fuller data set will be released as well as a development strategy for SCH’s resources.
Additionally, analytical results indicate the process reduced the sodium, chloride and mercury concentrations present in the product when compared to the feed, thus improving the quality of the resultant fuel with respect to these important trace contaminants.
The initial testing of the Penrhyn material is nearly complete, and will be immediately followed by testing of coal from SCH’s Lochiel North resource, an asset with a JORC inferred resource of 270 Mt located approximately 150 kilometers north of Adelaide, the capital city of South Australia. A test load of coal from Lochiel is expected in Wyoming in the coming week.
Wayne Rossiter, CEO of SCH commented “the testing results are very exciting, and confirm that a latent brown coal deposit in Penrhyn can be upgraded to steam coal quality. The current prices of thermal and steam coal remain very strong, and will underpin the economic modeling for the development of a brown coal beneficiation business in Australia using the proven K-Fuel® process”.
Ilyas Khan, Chairman of Evergreen Energy commented “the timetable for completing the full set of testing on SCH coal remains on track, and the initial results on the Penrhyn coal are extremely encouraging. The sheer size and scale of the deposit, allied to the upgraded heating value makes SCH a valuable company in its own right. In both batches tested thus far the heating value of the coal after it had been upgraded exceeded 5,500 kcal/kg prior to rehydration required for product shipping and storage. Additional tests that will allow us to confirm the heating value after the coal has returned to a stabilized moisture level are expected to be completed prior to the end of September. We anticipate that the likely heating values for the final product may be lower than 5,500 kcal/kg, but will be ideal for export markets, and could utilize the infrastructure available in WPG’s Port Pirie terminal. These results are outstanding and we will now turn our attention to the coal samples from Lochiel as well as completing a fuller suite of tests on the Penrhyn coal now that the upgrading has been completed ”.
Southern Coal Holdings
Southern Coal Holdings (SCH), based in Sydney, is a joint venture between equal partners, WPG Resources Limited (ASX:WPG) whose core business is iron ore and coal exploration projects, and Evergreen Energy Inc. (NYSE Arc:EEE) which developed the K-Fuel® technology.
SCH holds substantial coal assets in South Australia including the sub-bituminous and lignite coals located at the Penrhyn and Lochiel project areas. Using the K-Fuel® process the calorific value of such coals can be substantially upgraded creating an enhanced value product with reduced greenhouse gas emissions and other environmental benefits. Under the terms of the joint venture agreements SCH holds the exclusive license for the first 15 million tonnes per annum of K-Fuel® produced anywhere in Australia and has the first right of refusal to participate in production of K-Fuel® in excess of this amount.
Evergreen Energy Inc.
Evergreen Energy Inc. (NYSE Arca: EEE) offers environmental solutions for energy production and generation industries, primarily through its patented clean coal technology, K-Fuel®. K-Fuel® significantly improves the performance of low-rank sub-bituminous and brown coals and lignite. The process yields higher efficiency levels, which are variable depending on the type of coal processed, by applying heat and pressure to low-rank coals to reduce moisture.
For more information, please visit the company’s website at www.evgenergy.com.
Contacts:
Evergreen Energy
Jimmac Lofton, 720-945-0511
jlofton@evgenergy.com
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Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
Friday, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...
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- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- White Energy Company Limited
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Planning Commission, India
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
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