News

Liberty reports increase in thermal coal resource

LIBERTY Resources has reported a huge increase in thermal coal resource from its coal projects.

The Queensland underground coal gasification company has announced a rise from 338 million tonnes to 3.1 billion tonnes.

Liberty has five coal projects in proximity, toward its plan to gasify the deep coal resource and produce Syngas. One of the projects is a joint venture with Carbon Energy.

Andrew Haythorpe says this significant inferred resource increase still only represents a small area of Liberty’s total project potential.

Haythorpe says the coal quality in the basins covered by the Liberty tenements, is believed ideal for in-situ conversion to liquid fuels and power generation. However all types of coal are being evaluated for their suitability for UCG.

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Coal, energy, power generation, thermal coal, UCG, Underground Coal Gasification

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