White Energy has announced the resignation of company director, Hans Mende, effective 31 March.
“Due to his other business commitments, his ability to attend board meetings has reduced and therefore he feels it best if he resigns,” said Brian Flannery in a statement. “I have known Hans for many years and appreciate his contribution to the White Energy board.”
Mende’s company, AMCI Worldwide Ltd, remains a top 20 shareholder in White Energy.
White Energy markets technology to upgrade high-moisture low-value sub-bituminous and lignite coals. The BCB technology was development by a consortia led by the Commonwealth Scientific and Industrial Research Centre (CSIRO) and can also be applied to thermal and metallurgical coal fines.
The company operates businesses in Australia, Indonesia, the US, South Africa and China. In addition to its coal-upgrading activities, it also operates a number of coal mining assets in Australia and the US.
Edited by Jonathan Rowland.