Investor News

Stockhead: Transforming lignite with COLDry technology

Lignite – brown coal – has long been maligned for its high emissions, and ECT is looking to tap this massive resource cleanly. Pic via Getty Images.

  • Environmental Clean Technologies advances its COLDry technology demonstration plant
  • Tech creates low, net zero and net negative products for agriculture, industry and energy sectors
  • COLDry is the basis for additional technologies under development, including low-emission steelmaking and hydrogen

Special Report: Environmental Clean Technologies’ (ASX:ECT) transformative process converts lignite into low, net-zero and net-negative emission products targeting the agriculture, industry and energy sectors that are traditionally hard to abate.

Lignite’s New Role

Lignite, commonly known as brown coal, has historically been associated with high CO2 emissions due to its high moisture and extensive use in power generation.

Victoria, Australia, hosts one of the world’s largest lignite deposits, a vast ~430 billion-tonne resource. Traditionally used for CO2-intensive electricity generation, lignite use is declining due to global efforts to achieve net-zero emissions.

However, this is changing, thanks to the innovative efforts of Environmental Clean Technologies (ASX:ECT) and its groundbreaking COLDry technology.