WOULD-BE South Australian energy developer Leigh Creek Energy has successfully raised $21.85 million in a three-stage capital raising program, backed by a new Chinese cornerstone investor, to help unlock the UCG resource at the disused Leigh Creek coal field.
LCK says with the aid of Hong Kong-based China New Energy, it is fully funded to complete its pre-commercial in-situ gasification demonstration facility. The private placement will require the...
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