White Energy Company Limited is a public company listed on the Australian Stock Exchange under the ticker symbol WEC.
Why White Energy?
The world needs coal. To power economic growth, we will have to burn coal. Other energy sources will be important, but will not fully bridge the gap.
Coal needs to be clean to be viable. To meet world energy demand and keep CO2 and pollutant emissions in check, advanced technologies will be deployed. These technologies will need to burn cleaner, more efficient coal.
White Energy has a technology that represents a first step in building a cleaner coal solution. White Energy is the exclusive worldwide license holder of the patented White Coal Technology—an evolutionary process that speeds the maturation of lower grade coals. The upgrading technology removes coal moisture and improves heat content and quality to higher energy levels characteristic of valuable bituminous coals.
The White Coal Technology makes better coal. The upgraded coal burns more efficiently with lower carbon and pollutant emissions, can be transported more efficiently and is physically and chemically stable reducing the risk of spontaneous combustion.
The White Coal Technology is commercially sound. The process is cost and operationally superior to competing technologies. Its key advantage is that a potentially large number of low quality coal deposits worldwide become economically viable.
The White Coal Technology is an important step but not the panacea. Coal upgraded by the White Coal Technology will facilitate efficiency improvements, advanced technologies and serve as a critical first step in the drive to zero emissions.
Through acquisition and further in house development, White Energy is committed to becoming a global leader in cleaner coal technology applications.
$AUD 3.460 -0.150
ASX Listed
Share Price at Sep 8 2008, 1:55 pm AEST
$USD 15.00 -0.35
OTC Listed
Share Price at Sep 7 2008, 11:55 pm EDT
*prices are delayed 20 minutes
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