Royal Dutch Shell Plc  .com Rotating Header Image

Finance24 (South Africa): Anglo teams up with Shell

21/09/2006 11:36
By: Gareth Tredway

Johannesburg – Anglo American, the global mining giant, said in a statement that it had signed a joint development agreement with oil giant, Shell on the Monash Energy project in Victoria, Australia.

During next year, the first phase of the deal would have been completed, according to Anglo. This phase will see advisers from both companies studying the commercial and technical aspects of the project.

“If successfully concluded, the study will form the basis for the feasibility phase and demonstration activities,” said the statement.

Anglo says the Monash project would involve Shell’s coal gasification and diesel production technology using Anglo’s brown coal production in Victoria’s Latrobe Valley.

“The combination of Anglo American’s resource capabilities with Shell’s technological leadership in clean coal energy will be important factors as we aim to progress the Monash Energy project from concept to feasibility stage,” Tony Redman, chairperson of Anglo Coal added.

In May this year, Anglo first announced the alliance with Shell in the field of coal to clean energy conversion.
 

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “Finance24 (South Africa): Anglo teams up with Shell”

Leave a Comment

%d bloggers like this: