toyota multi-billion brown coal, page-3

BR, from the Mantle/Exergen MOU ann

"-The relationship with Exergen is seen as a first step by Mantle in implementing its exploration and development strategy for coal. The strategy involves harnessing upside from commercialisation of leading edge, socioeconomically acceptable, energy resource development.

-Mantle recognises that coal and other hydrocarbon energy resources will continue to be utilised in the future due to their availability and to the rapid growth in energy demand from (especially) China and India. However, their use will move more towards extraction of the pure Hydrogen energy component, with a parallel reduction in the impact of the extraction process. This is where Mantle sees positioning itself to best capture the commercial benefits, and reduce the political risks, from developments in the coal sector going forward."

So IK is seeing what the potential of BC is before the industry and well before the market.