MARKETS

Engelbrecht is Carbon Energy's acting CEO

MORNE Engelbrecht has been appointed acting chief executive officer of Carbon Energy as it contin...

Lou Caruana
Engelbrecht is Carbon Energy's acting CEO

Engelbrecht has more than 13 years of resources industry experience and held several senior financial, commercial management and new business roles prior to joining Carbon Energy.

He joined Carbon Energy in October 2011 and has been effective in structuring transactions to give effect to the company’s new strategic direction, it said in a statement.

Carbon Energy, which specialises in underground coal gasification, uses its proprietary keyseam technology to unlock new energy sources, transforming stranded, deep coal resources into high-value fuels with lower carbon emissions.

Carbon Energy has previously announced two wholly owned assets in Queensland’s Surat Basin, including 1.4 billion tonnes of coal JORC inferred resource, which is part of a 4 to 8 billion tonnes of coal exploration target and 743PJ of Certified 2P syngas reserves.

“The board thanks Andrew for his contribution to the business in a very tough market and for progressing the company from a start-up with an undeveloped technology through to a proof-of-concept stage and initial commercialisation,” the company said.

“The past four years of Andrew’s tenure have been some of the toughest in our history and this achievement is no mean feat.”

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