Driving Australia’s Energy Future
Liberty Resources Limited (ASX: LBY) is focussed on the commercial deployment of Underground Coal Gasification projects. Liberty holds extensive deep coal tenements in the Galilee, Surat and Denison Basins in Queensland, Australia.
Liberty has an exploration target range of 280 – 350 Billion tonnes of thermal coal for its Queensland projects. The coal is currently undergoing feasibility studies to determine its suitability for Underground Coal Gasification (UCG).
The UCG process involves gasification of deep coal seams in-situ. The gasification process produces a clean energy product known as Synthesis Gas (Syngas), and gives us the opportunity to utilise some of the world’s vast coal stock in a sustainable, environmentally responsible, and economically efficient manner.
Liberty’s UCG process is ‘Farmer Friendly’ and we place the highest priority on protection of the environment. UCG does not require depletion of sub-surface aquifers, surface impact is minimised as we do not need to mine the coals and we plan UCG operations respecting community interests.
Liberty is positioned amongst the leaders in the clean coal industry in Australia, and recently accepted an invitation to join the UCG Partnership Advisory Council in London. With the further development of its UCG technology, and access to previously unmineable coal in Australia and overseas, Liberty will become a global energy leader with a reputation for innovation and responsible development.
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