Coaltech: ISOs and expansion16 Jul 2019 13:47
CoalTech achieves ISO accreditation and is seeking to advance international
expansion, including in particular, in Eastern Europe.
Clean Invest Africa Plc (NEX:CIA), the NEX Exchange quoted clean technology and
renewable energy investment company, is pleased to provide the following update
on the activities of its subsidiary CoalTech Group ("CoalTech"), acquired in
July 2019.
* CoalTech has achieved 3 major ISO accreditations; and
* CoalTech has commenced initial activities for international expansion,
focused on Eastern Europe
* CoalTech is continuing to pursue further expansion opportunities in South
Africa
CoalTech has now formally achieved the following ISO accreditations:
? ISO 9001:2015 - QHSE Integrated Management System;
? ISO 14001:2015 - Environmental Management System; and
? ISO 45001:2018 - Occupational Health and Safety Management System
CoalTech has developed a revolutionary and innovative agglomeration solution
that converts coal fines waste (also known as "fines", "coal fines" or "coal
dust") into combustible coal pellets via a proprietary technology using a
specially formulated organic binder and a customized process.
There are billions of tonnes of toxic coal fines laid waste around the globe at
mining sites and at coal shipment sites. Without a viable permanent fix to
date, these polluting coal fines have been a matter of high cost for the coal
industry and serious environmental concern for government authorities. The
industry has spent decades and substantial funds unsuccessfully seeking a
remediation solution.
CoalTech technology provides a cost effective solution that is a game changer
in the long-awaited quest to address this global and industry wide problem.
Using CoalTech technology it is possible to commence this remediation in a
process that could be amongst the worlds largest scale toxic clean up
operations ever. Being ISO accredited is invaluable for such large scale
projects.
CoalTech plans an international rollout of its technology in cooperation with
the industry to clean up coal fines and reduce their environmental impacts in
an economical manner. Being ISO accredited enables the company's process to fit
seamlessly within those of large scale mining organisations and ensure
compliance and compatibility as it deals with coal fines.
For mining companies, coal fines are production losses, comprising overall
increased inefficiencies, and require substantial storage space and high
maintenance costs, as well as substantial end of life financial commitments.
Coal fines pose considerable environmental challenges such as dust release,
acid drainage and spontaneous combustion.
Waste and discarded coal fines are of very low market value if not merely a
liability due to high volatilities, high s