White Energy Company Ltd
ASX:WEC
White Energy Company Ltd
White Energy Co. Ltd. engages in the development and exploitation of binderless coal briquetting technology. The company is headquartered in Brisbane, Queensland. The firm is focused on the development and exploitation of Binderless Coal Briquetting (BCB) technology. Its BCB technology upgrades coal and coal fines through a relatively simple thermal drying process followed by physical and chemical stabilization via a binderless briquetting process. The company operates through three segments: coal technology, coal mining, and mining exploration. The coal technology segment has the exclusive license to patented BCB technology, which processes relatively poor-quality coal into a higher quality product. The coal mining segment includes Mountainside Coal Company Inc. (MCC), which operates a series of coal mines in the United States. The mining exploration segment holds tenements near Cooper Pedy, South Australia. The company operates in five main geographical areas, which include Australia, Asia, South Africa and Mauritius, the United States and the United Kingdom.
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