Peat Resources
Peat Resources Limited is a Toronto-based clean energy company, listed on the TSX Venture Exchange, which was formed to develop and produce peat fuel. The Company has identified large biomass resources of fuel-grade peat on its properties in Ontario and Newfoundland. The northwestern Ontario property contains over 155 million tonnes, sufficient to supply northern generating stations for more than 20 years. In Newfoundland, over 40 million tonnes have been defined on about hectares of permitted areas. Peat is biomass. It is used in electricity generating stations and other facilities requiring a long-term assured supply of environmentally favourable, economically competitive and consistent quality fuel. It's also a source material for value-added biocarbon products such as activated carbon.
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