A Diversified and Creative Model
Empire Diversified Energy is in negotiations to secure a multi-million dollar financial guarantee to acquire the land and mineral rights to the coal being used to produce the pellets, as well as the exclusive North American license of the pelletizing intellectual property.
We see several immediate and longer term production opportunities and already have a number of valuable contracts in place or in active negotiations.
All of these product and sales channels are projected to be profitable even if coal prices were to suffer another moderate leg down. Some of them also allow for significant upside should coal prices improve in the future:
Synthesis and sale of pelletized coal produced from fines
As-is coal fines sales
Long term fines sales to Green Fuels industry