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The Many Stars Project is an energy development project led by Australian-American Energy Company, LLC in collaboration with the Crow Nation.
The Many Stars Project was announced in August 2008 as primarily a CTL (Coal-To-Liquids) project. However, project planners have recently augmented the focus of the Project to include much earlier development of coal mining operations. The recent surge in coal prices in the Asian markets coupled with advancements in beneficiation (coal upgrading) technologies now provide a faster path to first cash flow with significantly lower capital exposure. Furthermore, the US domestic utility sector is expected to transition away from Appalachian coal to Western US resources. Therefore, the Project’s near-term emphasis will be to provide needed supply to the US domestic market and the rapidly expanding international utility sector, while still continuing longer-term planning to develop a CTL plant as an added opportunity once market conditions and US Government energy policies provide an improved economic foundation for such CTL activities.
The Many Stars Mine and CTL facility will bring significant economic benefit and jobs not only to the Crow people, but to the entire state of Montana, while also contributing to U.S. energy independence.
The Many Stars team is dedicated to a project that is technologically reliable, environmentally responsible and safe.
Thank you for visiting our Web site.
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