• Providing the opportunity to demonstrate the technical, environmental and commercial viability of Underground Coal Gasification (UCG) technology under strictly monitored conditions in appropriate locations.
• Continuing to support existing approved UCG technology trials in Queensland.
• Investigating potential to utilise UCG technology in the production of liquid transport fuels, including ultraclean diesel and jet fuels, from Queensland coal resources.
CXY Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held