By Barry FitzGerald
May 30, 2006
PROSPECTS for the vast brown coal resources in Victoria’s Latrobe Valley to host a $5 billion synthetic diesel and electricity project have soared.
Anglo-Dutch oil major Shell has thrown its money and technology behind the project, the Monash energy project near Traralgon, in a global alliance with the project promoter, South Africa’s Anglo American.
Shell and Anglo have formed the alliance to pursue “clean” coal conversion energy opportunities and have nominated the Monash project as their leading candidate.