Corporate History

Company Origin

Greenpower Energy Limited was incorporated in 1899, as ‘Gunnedah Colliery Company’ (changed to Gunnedah Coal Company (GCC) in 1985), and GCC mined coal at Gunnedah, in NSW, continuously, until 1997, when it sold the Gunnedah coal mine.

Greenpower’s Rebirth

In May 2007 GCC changed its name to Greenpower Energy Limited (Greenpower), then, in September 2007 issued a prospectus, and in March 2008 listed its shares on the ASX. Our present directors, other officers, consultants and our last known 20 largest shareholders are identified under ‘Corporate’ on this website.

Our Mission – Green, But Practical

Greenpower’s mission has been to use our expertise and experience to find:

  • environmentally desirable uses for the earth’s abundant petrified vegetable matter, i.e. coal, and
  • ways (other than burning coal) to create and convey its needed energy to today’s world.

Our search for coal uses (other than power generation) has already lead us, via harmlessly liquifying it, to a cheap, simple way to use that decayed vegetable matter to dramatically spur the growth of new plants and thus increase world food production without increasing the energy or space used in the process. We expect our search will also lead us to subdividing the liquid into many valuable platform chemicals, useful to the modern world.

Our search for means to convey energy motivated our successful search for lithium, and yielded serendipitous encounters with potassium, in one case, and tantalum and rare earths in another, en route.

And so our mission has also become to develop all these resources for the benefit of our shareholders.

Our Exploration Properties

To pursue our mission we maintain one application for a coal exploration license in the Latrobe Valley in Victoria, at least until we have secured a processed coal supply for our OHD project.

To pursue our lithium exploration in hypersaline brine in Australia’s Northern Territory, we have applied for exploration licenses covering areas where petroleum drilling has identified the presence of subterranean saline resevoirs.

To pursue our investigations for lithium, tantalum and rare earths in the Morabisi area of the Republic of Guyana we have entered an agreement with Guyana Strategic Metals Inc. which holds a large exploration tenement.

Our Intended Processes

In conjunction with the inventors we have examined eco-friendly processes that have been shown to work and meet or exceed our standards. We describe on this site OHD, being one of the processes that we anticipate to commercialise.