logo-loader
viewLeigh Creek Energy Ltd

Leigh Creek Energy Ltd on track to build pre-commercial energy plant

Leigh Creek Energy Ltd (ASX:LCK) has awarded its first contract for a pre-commercial demonstration plant for the Leigh Creek Energy Project (LCEP) in South Australia.

rsz_1shutterstock_267647450.jpg
Leigh Creek Energy Ltd on track to build pre-commercial energy plant

The LCEP will produce high value products such as electricity, methane and fertiliser from the remnant coal resources of the Leigh Creek coal mine utilising in-situ gasification technologies.

Leigh Creek Energy has awarded the contract for the design of the thermal oxidiser and cold vent package to Gasco Pty Ltd, a leading combustion and process engineering company.

The thermal oxidiser will dispose of syngas and associated condensate products produced during the pre-commercial stage of the LCEP.

The cold vent (or safety vent) will only be used operationally for short periods or for safety assurance, and is the system’s safety pressure release valve.

Gasco will design and fabricate the thermal oxidiser and cold vent in Australia.

Using the same supplier for both the thermal oxidiser and the cold vent has created several efficiencies and cost savings, and minimises mobilisation costs.

Leigh Creek Energy is discussing with various parties regarding future gas and electricity sales from the LCEP as well as potential strategic partnering opportunities.

The company has a strong cash balance of $5.4 million as at 30 September 2016.

Quick facts: Leigh Creek Energy Ltd

Price: 0.065 AUD

ASX:LCK
Market: ASX
Market Cap: $42.61 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Australian Strategic Materials produces first titanium metal alloy with JV...

Australian Strategic Materials Limited’s David Woodall speaks to Proactive's Andrew Scott after announcing its JV partner ZironTech has successfully produced a titanium metal alloy at their commercial pilot plant in South Korea. He says it achieved 99.9% purity and importantly it uses about 45%...

7 hours, 19 minutes ago

2 min read