Management letter to the Shareholders Recapping 2018
2018 was an excellent year for the global coal industry – a year that saw increased prices, increased production and, most importantly increased global demand, and it was, in many ways, a very good year for CCTI. After performing initial tests successfully, 2018 saw the Test Plant relocated from Oklahoma to it’s permanent location in the heart of the Powder River Basin, ground zero in Coal Country, and a site where CCTI will have total jurisdiction over the plant and all future testing which will include coals from all over the world. This is a very important and fundamental step in the development and roll-out of our Pristine technology.
81% of world coal reserves are low-rank coals (LRC) which is the target coal for CCTC’s Pristine M technology.
“Effective and economically viable technology is the only solution to help developing nations use coal more efficiently and in a more environmentally responsible manner. CCTI is commercializing an affordable and proven technology to help mitigate the harmful effects of the continued use of coal.” Robin Eves, CEO of CCTC