- CEO
- Greg Sheahan
- Full Time Employees
- 75
- Sector
- Energy
- Industry
- Coal
- Address
- 167 Eagle Street Newstead QLD Australia 4000
- IPO Date
- Jan 5, 2010
- Business
- White Energy Company Limited White Energy Company Limited (ASX:WEC, OTC:WECFF) is an Australia-based coal technology and mineral exploration company that harnesses emerging technologies to enhance energy production efficiency and discover minerals vital for a decarbonized future; it operates through two primary divisions offering binderless coal briquetting (BCB) technology, which upgrades low-value sub-bituminous coals, lignite, and coal fines into higher-energy briquettes for power generation via an exclusive worldwide license from a CSIRO-led consortium, and advanced mining exploration utilizing lithospheric-scale imaging, deep-sensing ionic geochemistry, and AI-driven machine learning to target Tier 1 deposits of copper, gold, cobalt, uranium, rare earth elements, lead, and zinc. The company's exploration portfolio comprises five key projects in Australia, including Robin Rise and Lora Creek (Cu, IOCG) in South Australia's Gawler Craton, Specimen Hill (Cu, Au) and Maranoa (Cu, Au, Co) in Queensland, and Tindal (Cu, Au, U, REE, Pb/Zn) in the Northern Territory's Beetaloo Basin; BCB technology advancements include a pilot plant under development in Johannesburg, South Africa, to process local coal fines for power contracts. White Energy conducts operations in Australia, Asia, South Africa, Mauritius, and the United Kingdom, with headquarters in Newstead, Queensland, founded in 1995 as Amerod Resources Limited. Recent developments encompass the April 2024 acquisition of the Lora Creek project along the Olympic Dam corridor, securing a 51% majority stake in the Specimen Hill project via subsidiary Amerod Resources in March 2025 after a A$1 million investment, an entitlement offer announced in November 2025, and full-year earnings results reported for the period ended June 30, 2025.