CCT progressing forward with Wyoming coal enhancement project

Clean Coal Technologies Inc., an emerging clean-energy company using patented technology to convert raw coal into a cleaner burning and more efficient fuel, has received a deposit from Wyoming New Energy (WNEC) to build a 2 million short t facility using CCTI’s Pristine M process. The project, announced June 15 at the Wyoming Mining Association annual conference, will be built by Kiewit Construction. Piper Jaffray (PJC) has been engaged by WNEC to arrange financing for the first commercial scale facility. “This revenue validates our patented Pristine M technology. With the aid of our EPC contractors Kiewit, the final commercial design of the plant is expected later this year and will provide customers worldwide with the blueprint for a cleaner, more efficient and cost effective fuel,” stated Robin Eves, CEO and President of CCTI. “For the past two months, Kiewit’s engineers have fine-tuned the test plant near Tulsa, OK, and will commence new hot runs early next week at the request of US government energy agencies and international clients,” added CCTI CFO/COO, Aiden Neary. “The testing is expected to last four weeks.” “We are especially pleased to see the first commercial plant will be built in Wyoming, as local elected officials and business leaders have been exceptionally supportive of Wyoming New Energy and Clean Coal Technologies efforts. The backing of Piper Jaffrey, combined with the ongoing support from state and federal officials, will undoubtedly work to rejuvenate the coal industry in Wyoming,” said John Kuker, Spokesman for...

2 coal plants coming to the Powder River Basin

Clean Coal Technologies announces to mining group that it will build In March, the CEO of New York-based coal research firm Clean Coal Technologies, Inc. said it was “highly likely” that it was coming to Gillette. On Thursday, the Wyoming Business Report reports, the company announced that it had secured $80 million to build a commercial plant in the Powder River Basin. CEO Robin Eves made the announcement in Sheridan at the Wyoming Mining Association Convention. Commission Chairman Rusty Bell said he’s excited to see Clean Coal Technologies come to Campbell County. “This is something that could really be a game-changer for exporting Powder River Basin coal,” he said. According to a press release from the company, the plant will have a capacity of two million tons. The company also plans to move its test facility, currently in Tulsa, Oklahoma, up to Wyoming. The exact locations of the plants have not been announced, but according to the Wyoming Business Report, Clean Coal Technologies is considering three places near Gillette and also plans to build commercial parks in the area as well once the plant is complete. The design and engineering of the first plant will begin in September or October. Eves has said his company has developed a way to dry out coal and have it remain stable. The process, which he equates to basically “refining” coal out of the ground, also leaves it dust-free, produces significantly less harmful emissions and is less expensive than untreated coal. Bell said it’s a method that many have failed at before, but he added that the company’s leaders were aware of that,...

Clean Coal Technologies Signs Agreement for Pristine M Plant in Wyoming

Clean Coal Technologies Inc. (CCTI), an emerging cleaner-energy company utilizing technology to convert untreated coal into a cleaner burning and more efficient fuel, announced they have signed a binding agreement with Wyoming New Energy Corp. (WNEC) for the build-out of its first commercial facility in Wyoming. WNEC has recently entered into an engagement agreement with Piper Jaffray to raise up to $80 million in debt financing to build a 2-million-ton CCTI Pristine M Plant in the Powder River Basin. “We are excited about the opportunity to support WNEC and pursue funding for the use of CCTC’s advanced technology for processing coal and waste coal in what we hope is this first of many such projects,” said George Longo, managing director and lead project finance banker at Piper. “We appreciate being a supporter of our client’s monetization of an abundant U.S. energy resource.” “This is a U.S.-designed, engineered and tested technology and we are very pleased to see it deployed here in the U.S., where we will continue to work with Wyoming on additional agreements and locations,” said COO Aiden Neary. “We are working with Kiewit in completing some additional client-requested tests at our Test facility in Oklahoma. This will also enable Kiewit to design the first commercial module. “The financial support from Piper Jaffray echoes not only confidence in the Pristine M technology, but also confidence in the U.S. coal industry. The local knowledge from WNEC should ensure a seamless commercial build-out.” “U.S. government and private finance will encourage our overseas interests from India, Indonesia, Turkey, Australia, and China to take a more aggressive approach to building commercial units...

Clean Coal to build plant in Northeastern Wyoming

New-York based Clean Coal Technologies, Inc., announced today that it has secured $80 million to build two “moderately-sized” plants in the Powder River Basin of Wyoming. “As a direct result of the support of the people of Gillette and Cheyenne, I’m announcing today a consortium of investments through the newly-established company which is called Wyoming New Energy Corp. … to build our first plants in Wyoming. We are quite excited about this,” Robin Eves, CEO of Clean Coal Technologies, Inc., told a crowd gathered in Sheridan for the annual Wyoming Mining Association meeting Thursday. Eves said his company is extremely interested in the Powder River Basin, and that the $80 million project has to be put in context with other development in the area. Clean Coal will also move its Tulsa, Okla., test facility to Wyoming, and plans to build commercial parks in the Gillette area as well. A group of undisclosed investors and major U.S. bank have committed financing to build the two million-tons of capacity Clean Coal Technology plants in Wyoming, Eves said. Commercial design and engineering of the first plant will begin in September or October, which will trigger license fees and financing. “It is a big deal, because this will create a lot of jobs, not just on the manufacturing and construction side, but down the road once the plant is employed, it will create mining jobs, jobs in the ports,” Eves said. “That will be closely followed by the construction of commercial parks. We believe that this will create jobs here, and economic growth to the community.” The location of the plants is under...

Clean Coal Technologies, Inc. Announces an Agreement for a Two Million Ton Pristine M Facility in Wyoming

ACCESSWIRE Jun. 15, 2017 Clean Coal Technologies, Inc. (OTC PINK: CCTC) (“CCTI” or the “Company”), an emerging cleaner-energy company utilizing patented and proven technology to convert untreated coal into a cleaner burning and more efficient fuel, announced today that they have signed a binding agreement with Wyoming New Energy Corp. (WNEC) for the build-out of its first commercial facility in Wyoming. Wyoming New Energy Corp. has recently entered into an Engagement Agreement with Piper Jaffray to raise up to $80,000,000 (eighty million US Dollars) in debt financing to build a two million ton CCTI Pristine M Plant in the Powder River Basin. George Longo, Managing Director and lead project finance banker at Piper, said, “We are excited about the opportunity to support WNEC and pursue funding for the use of CCTC’s advanced technology for processing coal and waste coal in what we hope is this first of many such projects. We appreciate being a supporter of our client’s monetization of an abundant U.S. energy resource.” The timing of this engagement could not be better for CCTI said CEO, Robin Eves, as it coincides with our presentation today to the Wyoming Miner’s Association in Sheridan. “This is a US-designed, engineered and tested technology and we are very pleased to see it deployed here in the US, where we will continue to work with Wyoming on additional agreements and locations. We are working with Kiewit in completing some additional client requested tests at our Test facility in Oklahoma. This will also enable Kiewit to design the first commercial module,” said COO, Aiden Neary. “The financial support from Piper Jaffray echoes not...