No1, Tata Power Part of the US$60bn market cap. Tata Group of India.
No2,Thiess Part of the Australian construction giant, Leighton Holdings Group
No3,Itochu Corporation Established in 1858, Itochu is Japan??s 3rd largest trading house.
No4,Sedgman ASX:SDM MC $440 million.
A leading provider of mineral engineering solutions to the global resources industry.
Now the above 4 companies are all MNM's partners.
The CHTD technology & Exergen Coal
1, Low cost The use of gravitational pressure and high heat recovery design leads to using less than 2% of the coal??s energy to achieve greater than 60% reduction in water content for Victorian lignites.
2, No need to evaporate the water Water is separated from the coal in the liquid state, eliminating the need to evaporate the water typical in competing technologies.
3, process is simple, be able to process million tonne per month!
The Exergen process is simple, continuous and can be readily up-scaled to a feed rate of thousands of tones per hour.
4, Exergen coal meets quality requirements by any nation.
Exergen coal is more dense and compact than the brown coal it is sourced from. Once stabilized it is an ideal export product enabling the benefits of reduced emissions to be made available to any nation.
Cheers. in today's ann, Erergen is going to set up a demonstration drying facility to process 500 tonne coal per day.---Exergen pays the cost.
If this small trail facility running successful, can be readily up-scaled to a feed rate of thousands of tones per hour.
10-15 million tonne/ year.
good luck!
MNM Price at posting:
5.9¢ Sentiment: LT Buy Disclosure: Held
