Company description
CoalTech launches break-through technology to convert coal fines
waste into energy – for a sustainable and environmentally
conscious future for the coal industry.
Cape Town, February 9, 2016 – CoalTech, an engineering company focussing on
environmental solutions for the mining industry, announced today a proven technology which
converts coal fines waste into energy and addresses the environmental concerns of South Africa
and beyond. CoalTech’s technology converts the coal fines into coal pellets and represents a
viable solution, to exploit a non-utilised by-product of the coal industry, which is reaching
around 30 billion tons in the world.
At present, a CoalTech industrial plant in South Africa is sized to produce 10,000 tons of coal
pellets per month. The coal pellets have been thoroughly tested over the past 3 years and
verified to meet industry requirements by Bureau Veritas.
Given the country’s position as dominant coal supplier in the region and large amounts of
accessible coal waste, South Africa represents the first market to operate the CoalTech
pelletizing technology. The approximatively 2.4 billion tonnes of existing coal fines in South
Africa could potentially generate 4.600 terawatt hours of electricity (Tw/h). This represents
three times more than Sub-Saharan Africa’s energy demand of 1.300 Tw/h as forecasted for
2040*.
CoalTech’s technology will propel economic growth, provide a new source of energy to
generate electricity to cover the overall continent needs and create local jobs in the region. In
addition, it is positively impacting the environment through the conversion of wasted material
into energy and compliance with stringent government regulations.
Globally, the increased cost of coal extraction, enhanced environmental concerns regarding the
release of CO2, and diminishing vacant land for mine waste deposits, has led to a major
challenge for the mining industry. The un-utilised coal fines of 30 billion tonnes worldwide,
can be reused with the environmental friendly CoalTech technology, enhancing productivity
of mines by up to 20% and secure higher returns on investment.
With mine operators rebalancing their investments to get more out of their existing assets,
CoalTech’s technology is a game changer, said Filippo Fantechi, Chaiman of CoalTech. We
can help them maximize mine output through re-use of their by-products, generate energy more
efficiently and cost-effectively, and address the global waste management challenges."
CoalTech seeks to create value through:
o creating a commercially and industrially viable pelletized coal product
o reducing the environmental impact and eliminating coal industry waste
CoalTech Press Release
o converting residual waste product, into a readily usable product
o eliminating the storage and operational costs of the coal waste lagoons
o reducing restoration costs and rehabilitation of slurry lagoons at the mine’s end of
lifetime
CoalTech is creating value in the form of an energy resource from coal fines waste with its
revolutionary pelletizing technology, supporting a sustainable future for the generations to
come.
About CoalTech:
CoalTech is an engineering company with presence in South Africa, US and Middle East.
The company is engaged in research and development and operations of technologies to tackle
key challenges of the mining industry and address the coal fines waste issue. You can read
more about the company at: www.coaltechenergy.com
*Source: International Energy Association
Claudia Sisu
Media Relations Consultant
[email protected]
+973 3599 1808
