Company Overview

Business Description

Sector
Energy
Industry
Energy
Headquarters
Australia AU
IPO date
Jul 23, 1999

White Energy Company Ltd was a coal-focused business built around a proprietary coal-upgrading process. Its core idea was to take low-rank coal, which is often dusty, wet, and hard to transport, and turn it into a denser fuel that is easier to handle and sell. The company also held coal mining and processing interests, so it sat between the mine and the end user in the coal supply chain.

The company made money by selling coal, earning fees or royalties from using its upgrading technology, and participating in coal projects tied to its processing know-how. Its customers and counterparties were mainly coal miners, project partners, and industrial buyers that needed a more practical form of coal for power generation or other fuel uses.

What made the business different was its focus on coal quality improvement rather than just mining coal for volume. Instead of relying only on digging and shipping raw material, White Energy tried to add value by changing the coal itself, which could make lower-grade deposits more usable and open up markets that were harder to serve with raw coal.

White Energy Company Ltd Investor Relations

Address
Lobby 1, Level 2, 76 Skyring Terrace, Newstead
Brisbane, Queensland
Australia

Business Segments

Coal operations

This part of the business develops and runs coal assets, including mining, coal handling, and preparing coal for sale or use.

Customers

Power generators, steel makers, and other industrial buyers that use coal, plus local trading partners in the coal supply chain.

Revenue Model

It makes money by selling coal and, where applicable, by charging for coal processing and related services.

Technology licensing

This part of the business owns and commercialises coal processing technology, which can be used to improve lower-grade coal before it is sold or burned.

Customers

Mining companies and project partners that want to use the technology in their own coal operations.

Revenue Model

It makes money through licence fees, technology access payments, and related service contracts.

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Management

Mr. Greg Sheahan

Chief Executive Officer

Biography unavailable

Mr. Allan McCarthy

Chief Financial Officer

Biography unavailable

Ms. Valeria Jackson

Finance & Administration Manager

Biography unavailable

Ms. Andromeda Neale

General Counsel

Biography unavailable

Mr. David James Franks BEc, C.A., F Fin, J.P.

Company Secretary

Biography unavailable

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