Monday, 6 July 2009

Altona Project - Evaluation pact

Adelaide Advertiser
Friday 3/7/2009 Page: 80

Altona has signed an agreement with Chinese company CNOOC New Energy Investment which could lead to the full funding of the evaluation of its Arckaringa project. Altona is doing a bankable feasibility study on the viability of a 10 million-barrel-a-year coal-to-liquids plant with a 560MW cogeneration power facility in South Australia's Far North.

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