Sholtz...
Ive been trying to sus out their tech this arvo...nothing out there I can see.
http://igniteresources.com/index.html
They are about to be taken over by a Canadian mob.
http://www.articleant.com/gen/66156-karmin-exploration-inc--to-acquire-ignite-energy-resources-pty-l.html
Why arent they funding it? Why dont Ignite already have an offtake partner like Tincom? Why didnt Tincom go with Ignite...who used to be a MoU partner of ESI's?
They are even copying a term I havent seen anywhere except ECT - black coal equivalent.
Its worth reviewing this article from last year:
"Australian company Environmental Clean Technologies (ECT) has signed a Heads of Agreement with Thang Long Investment and Commercial Joint Stock Company (TL) to build a coldry plant, preferably in the Latrobe Valley.
The companies are now attempting to secure a partnership with Loy Yang Power or TRUenergy Yallourn to utilise the brown coal from their mines for the proposed plant....
In a written statement to The Express, a Loy Yang Power spokesman said discussions had been held with ECT regarding the development of a coal drying facility which could ``complement the future operation of the Loy Yang power station and contribute to a reduction in CO2 emissions''.
A TRUenergy Yallourn spokesman said the company ``continued to assess a range of technologies, including clean coal technologies.''
http://www.latrobevalleyexpress.com.au/news/local/news/general/coldry-plant-push/1454543.aspx?storypage=0
So it seems, ECT chose the better option LYP over Yallourn. LYP is much bigger and more secure finacially as it is a lower CO2 emitter than Yallourn. LYP will be the last lignite p/station to close.
LYP/Tincom have chosen to back Coldry as the best tech...Yallourn are going for scraps imo.
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