Clean Coal Technologies Inc (OTCMKTS:CCTC) an emerging cleaner-energy firm using patented know-how to convert raw coal into a more efficient and cleaner burning fuel reported that they completed the transfer of their experimental plant to AES facility located at Shady Point. The sample plant will be reassembled and commissioned to make it ready for commencing assessment of Powder River Basin Coal in the coming period.
The management view
Robin Eves, the CEO and President of Clean Coal, said that it is another major achievement and milestone for the company. They are now in the final phase of a long journey of commercialization of Pristine “M” technology. Clean Coal Technologies have the most accomplished experts’ team on the ground at AES facility and the management is very positive that the final phase will be concluded on schedule in the coming two months.
During the coming months Clean Coal Technologies will welcome numerous potential national and international customers at the facility to observe the testing process of the coal. They expect that this will result in a seamless transition to the commercial phase for company’s technology. In the coming weeks, the management anticipates to be able to update the market on testing at the plant as company continues to meet its milestones.
Clean Coal comes in the list of a cleaner-energy technology firms. The company with headquarters in NY owns patented process technology and various other intellectual assets that convert raw coal into more efficient and cleaner burning fuel. Its trademarked end products, known as “Pristine(tm)” coals, are considerably more efficient, cost-effective, less polluting, and deliver more heat compared to untreated coal. Its clean coal technology may mitigate almost 90% of chemical pollutants from coal.
Clean Coal Technologies Inc (OTCMKTS:CCTC) is one of the stocks with the strongest technical structure and the last closing with the huge gain of 22.24% in a single session was just the latest display of the bullish dominance. The volume of the session reached 645,000, more than double the daily average of 305,000, indicating the intensity of the buying pressure. The chart attached clearly shows the series of higher highs and higher lows, the clearest sign of an uptrend and signals that despite occasional corrections, the uptrend may continue until the first sign of a reversal emerges in the form of a lower low.