AUL 0.00% 28.5¢ austar gold limited

toyota multi-billion brown coal, page-29

  1. 4,289 Posts.
    Carefully condsider the following and take time to read the associated links.


    "-Mantle recognises that coal and other hydrocarbon energy resources will continue to be utilised in the future due to their availability and to the rapid growth in energy demand from (especially) China and India. However, their use will move more towards extraction of the pure Hydrogen energy component, with a parallel reduction in the impact of the extraction process. This is where Mantle sees positioning itself to best capture the commercial benefits, and reduce the political risks, from developments in the coal sector going forward."

    http://www.mantlemining.com/wp-content/uploads/announcements/872791.pdf

    In the above paragraph, Mantle are describing the exact scenario KHI have done their prefeasibility studies on, and decided to move forward including purpose building 2 ships to carry the hydrogen to Japan.(extraction of hydrogen and ccs combined)

    see below -

    http://www.jcoal.or.jp/coaldb/shiryo/material/2012day2_session4_5.pdf

    http://www.greencarcongress.com/2013/09/20130928-khi.html


    It will be interesting to see who the Australian partner mentioned in above preso is. I am not expecting it to be Mantle directly, but someone close? Time will tell.

    Very interesting times ahead IMO

    All IMO so DYOR

    B Rubes
 
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