Greenvale Energy, is developing a torbanite project in Queensland, torbanite is the key ingredient in bitumen. Australia currently produces no bitumen, it imports all its requirements. Greenvale is promising to become Australia's first producer of bitumen by producing the torbanite. It also has a gas prospect in the NT where it believes it could become a vast producer of helium, among other gases helium is a gas used not just for fancy balloons but also in many cutting-edge technologies.
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