NewStream Energy Technologies Group Inc (NSGP)

[JamesE_]

What is the nature of these "advanced discussions" with the DOE?
Below is an exerpt from a recent article... Read the bolded part carefully.

We've all assumed that DOE interest might lead to a government grant or loan... and it might; But, CCTI might not get the money.
It sounds to me like Eves wants the DOE to pick up part of capital costs for Pristine-M plants for US coal producers.
That actually makes sense... Pristine-M is patented, tested, and ready for commercialization, but the initial $30M-$50M investment for the processing plant poses a high bar for entry. If the government could help offset that with grants, loans, or tax credits it would be very helpful.

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Robin Eves, the company’s president and CEO, agreed that it is easy to dry coal. “Anyone can dry coal. You can put it in your oven to dry it,” he said. However, the process they have created also seals the coal so it creates less dust and absorbs less water during storage and transportation — a problem that nobody other than CCTI has solved, he said. With its process, the coal can be transported and even left around for months at a time without absorbing water or creating dust.

Eves told S&P Global Market Intelligence that the time is right for the Trump administration to take advantage of this technology.

“Right now it is the ideal technology for what the United States government has mandated to the DOE and to the EPA to do,” he said. He added that the company would prefer to work with U.S. companies in the initial licensing of its technology and scaling up of its Oklahoma pilot plant and is currently working with the U.S. Department of Energy over the possibility of the agency including stimulus money for coal producers for using the technology in future infrastructure investments. CCTI has also hosted interested parties from Asia and has signed a licensing request for the technology to Jindal Steel & Power Ltd. in India, he said.

For the next 60 days the company is conducting a couple more tests at the request of interested parties, he said, and then executives will decide whether to move the pilot plant to a new location in the PRB and whether to sell more licenses to interested parties. “Regarding the U.S. market itself, we will continue to work hand in hand with Washington,” he said.

Travis Deti, the executive director of the Wyoming Mining Association, said the group is always interested in technologies that add value to the state’s coal. “From what I’ve read, the technology developed by Clean Coal Technologies is very intriguing. It could certainly present some great opportunities and new markets for Wyoming PRB coal,” he told S&P Global Market Intelligence.

https://www.wyomingmining.org/company-that-cleans-coal-before-combustion-says-it-can-add-value-to-prb-product/