Sarasota, FL (PRWEB) April 27, 2006
“Executives from fifty mines showed interest in the proprietary Dymaxion drilling technology to improve mining safety,” Tunaye Sai, director of China Operations for Pacific Asia China Energy (TSX: PCE; Other OTC: PCEEF) told StockInterview.com. He was referring to the overwhelming interest Chinese coal mining executives showed in a revolutionary drilling technology, developed by Australia’s largest privately owned drilling company, which made its debut in China at the Coal Degasification Symposium held earlier this month in Guizhou, China. More than 15 coal miners die every day in China, mainly from gas explosions released when new coal tunnels are opened. Methane gas is released as coal is mined, increasing China’s burden of air pollution and killing coal miners. Coal companies are trying to reduce both problems by turning to foreign technology transfers, such as the one offered by Pacific Asia China Energy and its Australian partner, Mitchell Drilling Company.
The Dymaxion technology obviously turned heads at the recent Degasification Symposium. “One of the companies is a big company, mining 10 million tons of coal per year,” Tunaye Sai told StockInterview.com “Last December, 12 people died in one of the coal mining company’s tunnels.” He explained that when coal miners are opening a tunnel, the gas comes out – sometimes explosively. “By using the Dymaxion technique, they can let the gas out before they begin mining a tunnel,” he added. Capturing the gas as it comes prevents venting a coal mine’s methane gas into the atmosphere and reportedly reduces air pollution. Tunaye Sai said he was in discussions with ten Chinese coal companies about implementing this new technology.
The entire feature, entitled “Latest Technology Transfer Could Reduce Chinese Coal Mining Deaths” can be found at the Internet news website StockInterview.com. Visit this webpage for the complete story: http://www.stockinterview.com/journal.html
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