I was particularly refering to TNG's multiple Germann tier one or world class conections. These include KfW IPEX bank who will bring together $US 600 Mill to get Mt Peake project up and running, SMS group who have assisted in the development the the transformational Hydrometalurgical TIVAN refinery process and who will offer blanket guarantees covering product, construction and pricing and timing and of course Ti-Cons who will provide a tender for engineering, construction support, procurement, training and commissioning of the TiO2 pigment plant. These three are leaders in their respective niches and precision and efficiency their hallmark.
you relate my comment to the use of lignite fuelled power stations. I have trouble linking the two but if your reference is to CO2 emmissions or fosil fuel consumption lets look at the real data;
Germany renewable energy uptake, 1990: 3.4% of electricity production, 2005: 10%, 2011: 20%, 2015: 30%, 2017: 36%, I understand 2018 has topped 40%.
In fact Germanys commitment to renewable energy development via is main Electricty production and supply entity Fraunhofer has earnt it the title of the globes first renewable energy economy. Untill recently it topped all countries in photovaltaic installed capacity. Its production from wind power is massive and it is now leading the globe in installment of offshore wind energy instalation. Germanay has now achieved, admittedly infriequently, whole days where the all electricity produced is sustainably or renewably sourced.
I acknowledge that these figures relate to electricity rather than all power use which includes power consumed in cars and other consumables but they have demonstrated extreme efficiency in the transformation and deployment of renewable energy.
TNG Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
