Queensland based Linc Energy is to be
floated on the stock exchange before Christmas to raise funds to
develop commercially its world leading process of creating diesel
fuel from coal. The process integrates two well established
processes, Underground Gasification and Gas to Liquid conversion. The
first process converts coal to gas underground and has been used
successfully in Russia. The second process creates liquid fuel from
natural gas – methane. The company claims it will be able to
deliver diesel at a fraction of its current cost.
http://www.lincenergy.com.au/
