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Clean Coal Technologies, Inc. Announces an Agreement for a Two Million Ton Pristine M Facility in WyomingACCESSWIRE Jun. 15, 2017 Clean Coal Technologies, Inc. (OTC PINK: CCTC) (“CCTI” or the “Company”), an emerging cleaner-energy company utilizing patented and proven technology to convert untreated coal into a cleaner burning and more efficient fuel, announced today that they have signed a binding agreement with Wyoming New Energy Corp. (WNEC) for the build-out of its first commercial facility in Wyoming. Wyoming New Energy Corp. has recently entered into an Engagement Agreement with Piper Jaffray to raise up to $80,000,000 (eighty million US Dollars) in debt financing to build a two million ton CCTI Pristine M Plant in the Powder River Basin. George Longo, Managing Director and lead project finance banker at Piper, said, “We are excited about the opportunity to support WNEC and pursue funding for the use of CCTC’s advanced technology for processing coal and waste coal in what we hope is this first of many such projects. We appreciate being a supporter of our client’s monetization of an abundant U.S. energy resource.” The timing of this engagement could not be better for CCTI said CEO, Robin Eves, as it coincides with our presentation today to the Wyoming Miner’s Association in Sheridan. “This is a US-designed, engineered and tested technology and we are very pleased to see it deployed here in the US, where we will continue to work with Wyoming on additional agreements and locations. We are working with Kiewit in completing some additional client requested tests at our Test facility in Oklahoma. This will also enable Kiewit to design the first commercial module,” said COO, Aiden Neary. “The financial support from Piper Jaffray echoes not... read more
Feb 12, 2017
Businessman Bruce Bruso sat down last week and wrote a frustrated letter to a senator in Kentucky championing what he believes is the future of Wyoming and Montana’s Powder River Basin coal.
The secret that will save coal is to dry it out, he said.
“It’s important that you understand,” Bruso wrote to Sen. Mitch McConnell. “If you want to save the coal industry, you need to look at technology that is real, common sense.”read more
Feb 07, 2017
Clean Coal Technologies Inc. (CCTI), having spent the last ten years developing a process that will make coal both economically and environmentally viable, wrapped up testing nine months ago and is wanting to quickly move to the next phase of development.
The process that finished testing in Oklahoma used Powder River Basin coal, which already has the lowest sulfur and ash content of domestic coals. But the BTU content is lower, in part because of the high amount of water contained in the coal.read more