ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — AGM Information 2007

Nov 28, 2007

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Annual General Meeting

Thursday, 29th November 2007 Offices of Chartered Secretaries Australia Level 11, 500 Collins Street, Melbourne, Victoria 3000

Environmental Clean Technologies Limited

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Coldry®

Commercialisation of the Technology

Environmental Clean Technologies Limited

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What’s delivered

• Substantiates the value Coldry offers to clients

• Coal sample testing (HRL)

• Indicative Business Case Builder

• – Resource effective tools

• Overview, Enquiry templates, etc

• • Defines the capabilities & partners required to deliver value – ‘Bankable’ feasibility study (Arup) • ±5% CapEx & OpEx for 150K, 1.5M, 5M Tonne plants

• – Financial models (Deloitte)

  • DCF, IRR, Investment case etc.

• Financing Partners (TBA)

  • Plant funding

• Identifies & makes contactable the potential world market – Salesforce.com (CRM) • >1,000 potential prospects

• • ‘Indirect routes to market’ - Key industry supplier

• • Will generate sustainable revenue streams & asset growth

• Domestic Consumption Royalty

• Export Production Royalty

• Shareholding / Dividends from plant SPV’s

Environmental Clean Technologies Limited

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Coldry®

“The world’s most cost effective, immediately deployable, carbon emission reduction technology for Brown coal!”

Environmental Clean Technologies Limited

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Introduction to Coldry®

• World’s 1st economic method of dewatering brown coal – Creating a stable, transportable black coal substitute – Transforming 62% moisture Latrobe Valley coal to 12% – Enhancing energy per tonne from 8.4 GJ to 24.6 GJ • Immediately deployable in existing brown coal boilers – At 10% to 20% of total fuel load.

Environmental Clean Technologies Limited

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Efficiencies & Opportunities

• Cuts overall consumption of coal as a feedstock – Increasing ‘pit’ life & asset value • Reduces Carbon emissions at ‘Front end’ – Generating political, environmental & trading benefits • Contributes to ‘water consumption’ strategies – Recovering 1,000L per 2 tonnes of Latrobe Valley coal used • Reduces ash accumulation – Increases operational efficiencies & reducing removal costs • Supports the case for upgraded boilers – Super-critical or gasification • Enables new fuel reserves & export opportunities – Creating new, profitable revenue streams of existing assets.

Environmental Clean Technologies Limited

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Coldry® - Example
Generation Capacity 1,500 MW
Production Capacity 12,600,000 MWh
Start/Finish Coal Moisture 62% 12%
Efficiency 30% 50%
Brown Coal 10% Coldry® 100% Coldry®
Reduced - Coal use -1,401,198 T -7.8% -10,624,390 T -59.0%
$20.00
Reduced - Carbon Emissions -1,090,166 T -6.1% -9, 803,780 T -54.9%
$50.00
Reduced - Ash Production -3,557 T -2.2% -73,493 T -45.4%
$0.00005
Recovered Water 1,433,532,934 L 3,503,414,634 L
-$6.24 MWh $9.81 MWh
CO2 Emissions per MWh 1.42 T 1.33 T 0.64 T
$7.14 MWh -$7.99 MWh -$6.06 MWh
Cost - Per MWh
Fuel Cost - Surplus/Deficit -$10,736,558 11.9% $13,672,537 -15.2%
$11.3 M (-12.6%) $213.5 M (-237%)
CapEx Required -$160,200,000 -$336,600,000
<10 Years <2 Years
Environmental Clean Technologies Limited
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How we move forward?

• Establish the ‘Initial Value’

• Independently test 50kg Coal (HRL or other suitable lab)

• – Deliver indicative Report & Business Case, Deloitte tool • Validated test results and financial models

• • Collaborate in development of ‘Investment Case’

• Q&A Disclosure

• Internal & partner engagement and verification

• – Initial Financial modeling (DCF, IRR, etc.) with Deloitte tool

• • Create ‘Memorandum of Understanding’ – Testing Agreement • Test burn (e.g. 20T of Brown Coal processed into Coldry®)

• – Initial ‘Bankable Feasibility’ design, by Arup

• – Cost Benefit Analysis & Business Case, by Deloitte

• • Enter ‘Licensing/Framework Agreement’ – Confirm ‘design’, ‘partners’,‘royalties’, SPV strategy etc.

• – Agree of ongoing arrangements

Environmental Clean Technologies Limited

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We have…..

• Target Customer

• Value Proposition

• Distribution Channels

• Partner network.

Environmental Clean Technologies Limited

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Coldry[®]

“The world’s most cost effective, immediately deployable, carbon emissions reduction technology for Brown coal!”

Environmental Clean Technologies Limited

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Annual General Meeting

Thursday, 29th November 2007 Offices of Chartered Secretaries Australia Level 11, 500 Collins Street, Melbourne, Victoria 3000

Environmental Clean Technologies Limited

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