Tag: MR1
Montem Resources inks deal with Invest Alberta to advance Tent Mountain renewable energy complex
Montem Resources (ASX: MR1) has partnered with Invest Alberta to work on converting the historical Tent Mountain coal mine in Canada into a renewable energy complex.
The pair signed a memorandum of...
Montem Resources’ Tent Mountain project remains unimpacted by government policies
Montem Resources (ASX: MR1) has revealed its Canada-based Tent Mountain project remains unaffected by Government of Alberta’s latest coal policies – as coking coal prices hit unprecedented highs.
T...
Montem Resources contracts Hatch for Tent Mountain engineering and design
Montem Resources (ASX: MR1) has contracted multinational firm Hatch to complete detailed engineering and design work for class III cost estimates relating to the pump hydro energy storage (PHES) eleme...
Montem Resources raises cash to advance Tent Mountain renewables project
Aspiring renewables producer Montem Resources (ASX: MR1) has raised $3 million to advance feasibility studies for its Tent Mountain Renewable Energy Complex (TM-REX) in Alberta, Canada.
The funds w...
Montem Resources moves forward with Tent Mountain renewable energy complex
Montem Resources (ASX: MR1) has established an energy transition steering committee to drive the development of its Tent Mountain renewable energy complex in Canada.
The committee will be chaired b...
Are Australian coal mining companies oversold?
There is a world of difference between a commitment to “phase-out” a commodity, and a proposal to “phase-down” a commodity, which is a reason for taking a fresh look at heavily oversold Australian coa...
Montem Resources appoints renewables expert to lead energy transition steering committee
Following on from its newly unveiled strategy to become Canada’s first large-scale green hydrogen producer, Montem Resources (ASX: MR1) has announced the appointment of Will Bridge as chair of its Ten...
Montem Resources unveils strategy to become Canada’s first large-scale green hydrogen producer
Montem Resources (ASX: MR1) has unveiled new plans to potentially become Canada’s first large-scale green hydrogen producer from its Tent Mountain project in Alberta.
Independent expert studies on ...
Montem boosts Chinook hard coking coal resource and exploration target
Aspiring coal producer Montem Resources (ASX: MR1) has boosted the resource for its Chinook project in Alberta to 172 million tonnes of coking coal.
The updated resource represents a 23Mt increase,...
Montem Resources secures final reference terms for EIA submission to re-start Tent Mountain coal mine
Montem Resources (ASX: MR1) has received the final terms of reference regarding the environmental impact assessment for its proposed Tent Mountain hard coking coal mine in Alberta – enabling the compa...
Montem Resources welcomes Alberta coal policy review, continues to operate under existing permits
Melbourne-based Montem Resources (ASX: MR1) welcomes the decision by the Alberta government to hold an independent public consultation into new coal mine development in the Canadian province.
The com...
Montem Resources’ test work confirms ‘tier one’ quality coking coal at Chinook
Montem Resources (ASX: MR1) has completed test work on coking coal at its Chinook Vicary project in Alberta province, with results indicating that it has “excellent” coke strength.
The company is p...
Montem Resources raises $5.2m to progress Tent Mountain and Chinook coal projects
Aspiring Canadian coal producer, Montem Resources (ASX: MR1) has topped up its coffers with a $5.2 million placement to progress mine permitting at Tent Mountain and Chinook feasibility studies.
Mo...
Montem Resources says not affected by Canadian coal mining policy change
Melbourne-based Montem Resources (ASX: MR1) says its two key coal projects will not be impacted by the Government of Alberta's decision to reinstate a previous coal policy that had been rescinded last...
Montem Resources hits thick coal seams in Canadian coking coal drilling
Montem Resources (ASX: MR1) reported that 13 drill holes at its Chinook Vicary project have intersected thick coal seams.
Maximum cumulative coal thickness across those holes was 61.1m, with an ave...
Montem Resources poised to benefit as Chinese steel mills look to Canada’s coal supply
Unlike other ASX-listed coal companies, emerging developer Montem Resources (ASX: MR1) is optimistic about China’s move from Australia’s coking coal industry to Canada, as it holds its Alberta-based p...
Montem Resources unearths thick coal seams in all Chinook Vicary drill holes
Following its recent ASX listing, Montem Resources (ASX: MR1) has completed its 2020 drilling program at the Chinook Vicary target area with all holes unearthing thick coal seams.
The company began...
Montem Resources takes more steps towards coking coal mining in Canada
Montem Resources (ASX: MR1) reports preliminary geological field mapping at its Isola coal project in Alberta, Canada has identified multiple coal seams.
This initial work program has further defin...
Montem Resources starts drilling at Chinook coal project
Fresh from making its ASX debut, Montem Resources (ASX: MR1) has kicked off a drilling program at the Chinook Vicary area of its Chinook coal project in southwest Alberta, Canada.
The company just ...
Montem Resources completes IPO to develop Canadian steelmaking coal projects
After completing an $8 million initial public offering, Montem Resources will list on the ASX next week aiming to establish itself as a supplier of Canadian coking coal to the global steel industry.
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