News

September 17, 2008

G4G Resources Looks To The Future With A Position In Alternative Fuels And Iron Ore

By Alastair Ford

What is the Fischer Tropsch process? Well you may ask, since Canadian-listed mining and technology company G4G Resources has just secured the worldwide rights to the latest incarnation of Fischer Tropsch, and plans to be talking about it quite a bit in the future. Fischer Tropsch may hold a part of the answer to the 21st century thirst for clean energy. It may also hold the major part of the answer as to where G4G shareholders are going to see a return on their capital. But what’s with the name? Why does it sound like an O-Level chemistry experiment, or something that the allies might have wanted to bomb during the war?

The answer to the second of those questions is that actually, yes it was something the allies wanted to bomb during the war, although to be fair, they wanted to bomb quite a lot of things. Fischer Tropsch was developed during the 1920s and 1930s by German scientists. When the Nazis came to power, the process was rolled into the German drive to autarky, initiated by Hitler and his economics minister Hjalmar Schacht, on the thinking that if Germany was to survive in a hostile economic world, fuel...