BHP company tenders TRD tech

QUEENSLAND company CRCMining has put out expressions of interest in utilising, licensing, partnering of acquiring its innovative Tight Radius Drilling (TRD) technology, which boosts production rates for CSG production and enables low-cost degassing of coal seams in mines.

CRC Mining will also consider alternative options that "provide the best value to CBMI", CRCMining's spin-off company which owns the intellectual property for TRD, and its stakeholders.