money in gasification. Look how well ADES does and it finances its facilities by borrowing money. Shares up 39 cents.
Clean Coal completed the first year of operation of two facilities that produce RC for four boilers at two power plants in the Midwest. In their first year of operation, the two new facilities generated approximately $20M in revenue and about $9M in operating income for ADA. Over the next nine years, these facilities are expected to generate between $8M-$9M in annual operating income for ADA. The Company also announced that in June, Clean Coal installed the first of 16 planned new facilities at a plant that is expected to burn up to four million tons of RC each year. Clean Coal expects to install and commence operating the remaining 11 planned RC facilities in the fall, and is establishing schedules with customers in support of that goal. Clean Coal is financing the construction and installation of the 16 new RC facilities with a $10M line of credit established with a commercial bank.
Gasify! Coal super cycle. No more nucs. Tax credits for carbon emission cuts. Aussies, and all others will follow suit.