CCTI’s patented process technology can be used to design and build plants that convert coal into a clean burning fuel source utilizing a patented pre-combustion beneficiation process, with reduced plant emission.
The company’s end product ‘Pristine’ coal is claimed to provide more heat than untreated dirty coal, while reducing some 90% of chemical pollutants from coal thereby resolving emission issues affecting coal-fired power plants.
MBA is planning to immediately commence negotiations for the funding and construction of one or multiple CCTI plants with a US utility, which operates multiple coal-fired power generation plants across the country.
CCTI CEO Robin Eves said that as a result of their proprietary relationships within the US utility market, the agreement with MBA is an important step in commercializing and validating CCTI’s market leading technology in the US to clean coal prior to its combustion.
"I believe, this will go a long way in commercializing the technology, not only here in the US, but will also help demonstrate the commercial viability of our technology as we make efforts to market this product globally," Eves said.
