Internet Technology

Clean Coal Technologies Inc. (CCTC) Inks 25-year Technology License Agreement with Jindal Steel and Power Ltd.

Written by Ifham khan
Shares of Clean Coal Technologies Inc. (PINK: CCTC), a cleaner-energy technology company, are even in today’s trading.

At last check, the penny stock of CCTC was trading at $0.0890, with volume at 3.65 million. The stock gained 11.76% in the last three trading sessions.

Clean Coal Technologies signed a 25-year Technology License Agreement with Jindal Steel and Power Ltd. under which CCTC will receive an on-going royalty fee of $1 per metric ton on all coal processed from Jindal majority-owned mines in the ASEAN region, up to four million tons or $4 million per annum with a waiver of additional royalty fees on further processed coal up to a total of eight million tons per year.

Apart from the royalty fee, CCTC will also receive a one-time license fee of $750,000.

About the author

Ifham khan

Ifham Khan is an experienced Blogger, SEO expert, Graphic Designer and Founder of tech24 and Co-founder of MashinMedia. He has in depth knowledge in Technology, Gadgets and sports. Currently working as a Editor in Tech24 and lead designer in MashinMedia.

You can contact him @Facebook, @Twitter and @Google+