http://www.openbriefing.com/OB/Environmental-Clean-Technologies-Limited/2011/2/21/CEO-on-Victoria-Coldry-Project-and-first-Coldry-Sale/361.aspx
There are other companies developing brown coal drying technology, particularly in China, and we expect other plants to be built around the world within the same timeline as ours. However, most of the major energy companies in China are engaged with us in relation to Coldry: our process is designed around total cost of ownership and reliability, and is the only one to date that can make an exportable pellet that won??t take water back on again.
Joint Venture Agreement & Parent Company Guarantee for Victoria
Coldry Project Signed in Hanoi
?X ECT may now also introduce CSA??s to the venture on a commission basis, as well as the
option to contribute additional capital for which it shall receive additional shares in the JV
Company
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