new technology briquettes, page-6

Clean-coal play White Energy Company (ASX: WEC, OTCQX:WECFY) is a stock on the move today with a 13.3% gain to $0.17 intra-day on high volume of 1.15 million shares - with chatter about the company on stock forums growing.

A unique fact of the company is that it is the exclusive worldwide licensee of the Binderless Coal Briquetting technology which is a low cost mechanical process that upgrades high moisture, low value sub-bituminous and lignite coals through a process of dehydration and compaction.

The patented technology enables the more efficient utilisation of the 465 billion tonnes of proven lignite and sub-bituminous coal reserves that are located throughout the world.

River Energy (WEC 51%) is undertaking detailed due diligence in respect of an opportunity to construct a Binderless Coal Briquetting plant at a coal processing facility in South Africa.


Interesting...potential in SA

http://www.proactiveinvestors.com.au/