CoalTek Receives First Sino-U.S. Clean Coal Joint Venture Approval in the People’s Republic of China

CoalTek Inc. announced China’s approval of the company’s clean coal processing facility in Mongolia.

As quoted in the press release:

The facility will initially produce 10 million metric tonnes of processed high-quality fuel per year, transforming low-grade brown coal into high-thermal value coal that burns more efficiently and produces lower emissions.

CoalTek’s CEO, Chris Poirier said:

This approval by the Chinese government is a testament to the strength of the CoalTek-Yijian partnership. Through the support of the PRC, the Inner Mongolia Autonomous Region and the Erdos and DeLaTe District governments, this example of the growing China-U.S. collaboration on energy technology enables an environmentally friendly platform to better utilize indigenous resources such as low-thermal value brown coal.

Click here for the CoalTek press release.