Local Activities Q: What's happening in Australia - What moves...

Local Activities
Q: What's happening in Australia - What moves are underway to substitute brown coal in Victoria's base load power stations with ESI's 'cleaner' coal technology? Is this getting the appropriate consideration by the Federal & State Governments? If not why not?
A: As already announced, ECT is developing an opportunity which would establish capability to supply auxiliary fuel for startup of power stations, and also provide for main fuel for smaller heating units scattered throughout Victoria where economic alternatives are not available. We continue to assess expanded opportunity to increase efficiency of baseload generation. We expect that successful demonstration of Coldry’s capabilities via our Indian project will enhance our prospects on that front.

Q: What's the status of the May update regarding Bacchus March?
A: Stage 1 upgrades are likely to be concluded this month and commencement of stage 2 will be considered prior to the end of June.

Q: Can you please provide details of the opportunities ( tonnes) that exist for the use of Coldry in the local market since the closure of Energy Bricks.
A: Two main users account for the bulk – around 40-50 thousand tonnes per year. Smaller customers, less easy to categorise and count add up to perhaps as much as another 10 thousand tonnes.

Q: What is the status of 'start up' fuel discussions?
A: The company is currently under confidentiality relating to a number of boiler trials.