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Jatenergy is an Australian Stock Exchange listed company with interests in coal projects in Indonesia and Australia.
Involvement with Victorian brown coal development grants
In August 2013 The Age revealed that the unlisted company, Coal Energy Australia, was one of three leading contenders for funding under the $90 million federal and Victorian government Advanced Lignite Demonstration Program.
Jatenergy announced in March 2013 that it had signed a non-binding letter of intent with Coal Energy Australia Limited (CEA). In its media release Jatenegy stated that the companies had agreed to "cooperate for their potential mutual benefit in the areas of:
- marketing, promotion, development and operation of Coal Plus technology in the Latrobe Valley (in the case of CEA) and internationally (in the case of Jatenergy)
- sharing of technical and capital information on Coal Plus technology to better enhance its saleability and acceptance
- potentially establishing a basis for making decisions on executing and investing in projects."
Articles and resources
- Tom Arup, "China powers ahead in hidden tender for brown coal millions", The Age, August 7, 2013.
- Jatenergy, "$160 million invested over four years into coal beneficiation technology Coal Plus", Media Release, March 6, 2013, page 2.
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