TechMediaBreaks – Frontieras North America Signs LOI With Cora Terminal for Multi-Phase FASForm(TM) Deployment in Illinois
Frontieras North America the energy and environmental technology company commercializing FASForm(TM) Solid Carbon Fractionation, announced it has entered into a Letter of Intent (“LOI”) with Cora Terminal, LLC, a joint venture between Watco Companies, LLC and SCH Services, LLC, for phased development of FASForm(TM) production capacity at the Cora Terminal in Rockwood, Illinois. Under the contemplated structure, Frontieras would initially lease approximately 85 acres for a plant designed to process 7,500 tons of coal feedstock per day, with a later expansion to approximately 130 acres for a second plant. At full two-plant buildout, the site would receive approximately 5.5 million…