Securing resources
Ambre Energy is focused on acquiring coal resources in Australia and the US and, where needed, developing the infrastructure required to build and sustain a thermal coal export business.
The company aims to mine, transport and sell high quality thermal coal produced at company-owned mines.
Ownership of oil shale resources and deposits containing lower grade coal also enables the company to apply state-of-the-art technologies to produce various liquid fuels – e.g. coal to unleaded petrol and LPG, oil shale to jet fuels and diesel.
Exploration and acquisitions
Ambre Energy's primary strategy involves acquiring and developing under-utilised and under-valued mines.
Since 2006, Ambre Energy has been evaluating coal regions and deposits in the US to identify acquisition opportunities, the key target being large coal deposits with low ash content and low to moderate moisture content, located close to rail infrastructure.
Worldwide, there are large numbers of coal deposits which are unsuitable for metallurgical or thermal purposes, but which could be used as feedstocks in coal-to-liquids processes. A wide variety of coals are well suited to these processes, including coals with high moisture, low energy, high ash, high sulphur and high sodium.
Australia, the US and Canada present the most likely options and are the focus of Ambre Energy’s ongoing evaluation of coal deposits.
Queensland is uniquely placed with billions of tonnes of coal which is too high in ash to meet export quality specification, but which could be used as a feedstock for coal-to-liquids projects.
Ambre Energy has applied for mining leases at Felton, which lies in the Clarence-Moreton Basin in South East Queensland to the west of the Great Dividing Range. The leases cover about 2,000ha within existing exploration permits.
Ambre Energy also holds an exploration tenement covering 628 sq km at Back Plains, south of the Felton site, where drilling has located a thick coal resource at shallow depth. A more targeted drilling program is planned.
The company's inventory of export infrastructure, coal assets and prospects currently includes:
- US - Millennium Bulk Terminal, Longview, Washington
- US - pending acquisition of sizable coal reserves in western US states
- US – proposed high tech coal production facility in Montana and oil shale pilot plant in Utah
- Australia - 500 million tonne JORC-compliant coal resource 30km south west of Toowoomba
- Australia - proposed coal-to-liquid fuels facility on coal resource site SW of Toowoomba
- Australia - 840km2 of coal exploration permits in South East Queensland
