- Ambre Energy was founded in 2005 by CEO and Managing Director Edek Choros. The company has a number of exploration, marketing, technology and logistical infrastructure subsidiaries.
- Since 2006, Ambre Energy has been evaluating coal regions and deposits in the U.S. to identify acquisition opportunities, the key target being large coal deposits with low ash content and low to moderate moisture content, located close to rail infrastructure.
- It is Ambre Energy’s intention to establish an export facility on the West Coast of North America to provide access to growing Asia-Pacific markets for U.S. thermal coal.
- The headquarters of Ambre Energy is located in Brisbane, Australia. The U.S. head office is located in Salt Lake City, Utah.
- Intermountain coal is found in Colorado, Montana, Utah and Wyoming and is one of the largest coal deposits in the world. The region supplies about 40 percent of the coal used in the United States.1
- Intermountain coal is classified as sub-bituminous and has lower sulfur content than bituminous coal. Intermountain coal is one of the cleanest types of coal in the world.2
- Coal from the intermountain region, and specifically the Powder River Basin, is shipped across the United States and is used to generate electricity in 38 states.1
- Barges have a higher cargo carrying capacity per ton than trucks or railcars. A study by the U.S. Department of Transportation, Maritime Administration found that emissions per ton-mile, including greenhouse gas emissions, were less for a towed barge than for rail transportation.3
- The U.S. has nine coal export terminals.4 Currently, there are no operating coal export terminals on the U.S. West Coast. British Columbia has three coal export terminals.5
- The U.S. exported 81.7 million tons of coal in 2010. About half of this was exported to Europe, including the United Kingdom, Netherlands, France, Germany, Italy and others.6
- Westshore Terminals in Delta, British Columbia, has the capacity to export 29 million metric tons.7 (1 metric ton = 2,204.62 lb.)
“For the past decade, Westshore has also been the busiest single export coal terminal in all of North America, routinely shipping about 21 million tonnes of coal each year and bringing in billions of dollars of wealth to Canada.
“In recent years, Westshore has proved to be the only viable choice on the West Coast for United States coal mines in the region. US shipments reached a record 2 million tonnes in 2009.” 7
Sources: 1 “Powder River Basin Coal: Powering America,” Wyoming Mining Association, 2009 2 Clyde Bergmann Power Group, PRB Coal Properties 3 U.S. Department of Transportation, Marine Administration, “Environmental Advantages of Inland Barge Transportation” 4 Reuters Factbox, June 9, 2011, Proposed, existing capacity for U.S. coal exports 5 British Columbia, Ministry of Energy, Mines and Petroleum Resources, “Coal Resources in British Columbia” 6 U.S. Energy Administration Information, Annual Energy Review, October 2011 7 Westshore Terminals, LLC website, http://www.westshore.com/index.html