White Energy Company Limited (ASX:WEC)

A global resource company, harnessing emerging technologies in mineral exploration.

About Us

White Energy Company Limited engages in the development and commercialization of Binderless Coal Briquetting (BCB) technology, which upgrades lower-quality coal into higher-quality briquettes without the use of binders. Additionally, the company is involved in mineral exploration projects across Australia, targeting resources vital for a decarbonized economy.

Company Overview

Founded in 1995, White Energy Company Limited has established itself as a pioneer in coal technology and mineral exploration. The company's proprietary Binderless Coal Briquetting (BCB) technology enhances the calorific value of sub-bituminous and lignite coals, transforming them into export-grade briquettes suitable for various industrial applications. This process not only improves energy efficiency but also reduces environmental impacts associated with low-quality coal usage.

Beyond coal technology, White Energy is actively engaged in mineral exploration to support the global transition toward sustainable energy. The company's exploration portfolio includes tenements in regions such as Coober Pedy in South Australia, Texas in Queensland, and Daly Waters in the Northern Territory. These projects focus on identifying and developing resources like copper and other base metals essential for renewable energy infrastructure.

Board & Management

Greg Sheahan

Greg Sheahan

Chief Executive Officer

B.Sc (Geology), B.Econ, LLM (UQ)

Previously a geologist and practising barrister specialising in resources, finance, property and Native Title.  He has acted for the Queensland Government and major coal, mineral and oil and gas producing companies and more recently in Native Title matters in Queensland and Western Australia.

Brian Flannery

Brian Flannery

Non-Executive Chairman

B.E. (Mining) 

A mining engineer with more than 50 years’ experience in the development, engineering, construction and management of open-cut and underground mining projects in Australia and overseas. Managing Director of White Mining Limited prior to its merger with Felix Resources Limited in April 2005. Subsequent to that merger he held the position of Managing Director of Felix Resources Limited and Yancoal Australia Limited until September 2010.

Vincent O’Rourke

Vincent O’Rourke

Non-Executive Director

B.Econ.

Over 50 years’ of corporate and railway industry experience spanning operations, finance and business management. He is the Chair of the Audit and Risk and Remuneration committees. He was formerly Queensland Commissioner for Railways and the Chief Executive Officer of Queensland Rail.

Mike Chapman

Mike Chapman

Non-Executive Director

Dip. Mining Engineering

A mining engineer with over 55 years’ experience in the exploration, development, engineering, construction and management of open-cut and underground mining projects in Australia and overseas. He was formerly the Chief Operating Officer of White Energy. Prior to that  he was Chief Operating Officer at Felix Resources Limited and he has held senior mining positions for a number of operations across Australia and Indonesia and in commodities spanning coal, iron ore, copper and nickel.

Keith Whitehouse

Keith Whitehouse

Non-Executive Director

B. Sc (Geology), Prof Cert JORC, MAusIMM, CP (Geol), MAICD

Over 40 years’ experience as a resource and data management geologist covering mineral exploration, the development and exploitation of a variety of minerals, as well as data management, geological modelling, resource definition and evaluation in Australia and overseas. He is currently the Exploration Director for a subsidiary of TSX-listed Leviathan Gold. He was formerly the Managing Director of Fiddler’s Creek Mining Company Pty Ltd, the previous owner of the Tindal and Maranoa projects.

Allan McCarthy

Allan McCarthy

Chief Financial Officer

Mr McCarthy is an experienced accountant in mining and other sectors, including senior finance positions with Australian and global organisations. He is a leader, developer, mentor and manager of high performing finance teams and a passionate driver of growth by providing insights, strategic financial direction, shared understanding and proactive management to deliver high quality results.

Allan is creative and adept at finding solutions, business integration, rolling out new business software and systems, streamlining processes, profit improvement, raising and managing limited finances with high levels of energy, commitment and positivity. He has extensive hands on expertise at technical accounting, financial and management reporting, budgets and forecasts, audit management, consolidations, commercial financial management, capital works and assets, financial systems and controls, risk management, governance, taxation and compliance. Astute at financial modelling and analysis, combined with a strong business acumen and effective interpersonal, communication and stakeholder engagement skills.

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