ASX : LBY - $0.05 Volume: 0 - OTCBB : LYRTF

UREA PRICE
(As at 2nd November, 2012)
Basket Price
(USD per metric tonne)

$419.00

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Initial Advice Statement
  • Initial Advice Statement Document
  • Maps



October 29
BRR Webcast - Liberty Resources Letter Of Intent

October 26
September Quarterly Report

Economical Advantages

There are significant economic benefits associated with UCG projects. These include;

  • Lower capital and operating costs in comparison to traditional coal mining due to minimal infrastructure
  • Industry will provide a number of local jobs for regional communities
  • Substantially increases the world’s energy reserves by providing access to previously unmineable coal
  • Eliminates the need to bring the coal to the surface to be gasified
  • Syngas can be piped directly to the end user, or utilised on-site for power generation or chemical processing – minimising transport costs and infrastructure required
  • Resource recovery utilising UCG is significantly greater than Coal Seam Gas (CSG) and Underground Longwall Mining as illustrated in the diagram below;