White Energy Company Limited (AU:WEC) has released an update.
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White Energy Company Limited reported on its Binderless Coal Briquetting technology development and the evaluation of mining assets in its annual financial report for the year ending 30 June 2024, indicating no dividends were paid during the year. The technology aims to transform low-grade coal into higher energy briquettes, addressing environmental concerns and providing a sustainable energy solution as the world transitions to renewable sources. Significant progress has been made in South Africa, with potential to convert over 1 billion tonnes of discard coal into marketable product amidst the country’s power shortages and environmental regulations.
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