GPP has great assets and technology: GPP Turning Coal Green:
GPP is in an enviable position to disrupt the market as it can produce bio-stimulant fertilisers at 1/10th the cost of traditional fertilisers and owns the rights to distribute its product internationally.
It has its hands on some of the ‘purest’ coal going around… coal in the La Trobe Valley in Victoria.
La Trobe Valley coal is young and has low ‘ash’ content (3% to be precise). If you don’t know much about coal, low ash content is quite rare – ash being the informal term for the waste material leftover once the carbon has been burned, some of which can be toxic.
Those in the industry have been aware of the quality of coal in the La Trobe Valley and today’s company holds an application for an Exploration License which would give it rights to an area in the La Trobe Valley which has an abundance of coal mines and the potential for additional large coal resources.
The License could give it the coal to continue to develop its proprietary technology, which it hopes to use for production of coal generated fertilizer in just 18 months to two years.
In October, last year, GPP started the first phase of tests using liquid produced by the application of the OHD process as a plant growth bio-stimulant. The tests were carried out by Monash University with very positive results.
Testing is being expanded to cover a wide range of cereal crops. At this stage, by all accounts this could be the game changer the coal industry has been looking for and there has already been interest from national and international power groups looking at offtake agreements.
Yet these aren’t the only markets this company is targeting.
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