ARCHIVE

EmberClear inks deal for US CTL development

US ADVANCED energy development firm EmberClear has signed an agreement with China's Huaneng Clean...

Donna Schmidt
EmberClear inks deal for US CTL development

The coal-to-liquids technology license arrangement was signed Monday in Washington, DC, where the US Chamber of Commerce hosted officials from the People's Republic of China Ministry of Commerce as well as from the US Department of Commerce.

“The White House and the Chinese government both see the immense value of EmberClear's agreement with HCERI, not only in terms of the jobs it will help support but more importantly, it is the cleaner energy we'll be able to provide to Americans in addition to the improved energy security,” EmberClear chief executive officer Albert Lin said.

“This partnership is a strong example of how American energy companies can work with Chinese partners to provide new lower emission energy solutions while simultaneously creating jobs here in America.

“The impressive track record of Chinese investment and technical achievement in this field has given rise to a surge of global demand for this type of clean energy technology from other countries, utilities and consumers sensitive to climate change.”

The company said the fuel generated from the facility was intended to be sold in the US, with the advanced thermal-chemistry technology allowing production with lower emissions than traditional refineries utilizing crude.

Approximately 1000 jobs are projected to come from the project.

Neither timelines nor cost projections were disclosed.

Both China and the US, as two of the world’s largest reserves holders, are working on energy independence solutions.

Lin said the two countries had tremendous technologies for making coal a better and cleaner energy source.

“The world is primed to take advantage of China's investments and deployments of technologies converting coal to all sorts of energy sources with far lower emissions,” he said.

“In particular, making electric power and gasoline.

“Both will create thousands of construction jobs and bring in billions of dollars to the region where our plant will operate for many years.”

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production