Slurry Worries May Become a Thing of the Past
Here’s a slurry story that isn’t hard to articulate: Radar Acquisitions (TSX.V: RAC) says it can recycle the primary waste product from coal mines, known as slurry, into a cleaner burning fuel the company is calling “Re-Fuel”.
Radar’s efforts could capitalize on the inherent qualities of coal as a source of energy-both the “positive” and the “negative”. The pluses are few, but significant: It’s cheap and plentiful. The US has about 265 billion tons of coal reserves - more than ΒΌ of the available coal in the world. This is enough to last close to the same number of years, at least at today’s consumption rate (in the US) of about 1 billion tons per annum. Read the rest of this entry »
