Travers Duncan is an Australian businessman who has a net worth of $630 million. Travers Duncan amassed the bulk of his fortune is in cash from sale of coal group Felix Resources in 2009; he was a cofounder and major shareholder. Now chairman of listed clean-coal group White Energy; its shares are falling as it battles former Indonesian joint-venture partner.
Duncan is a civil engineer with over forty years experience in project management of large mining and infrastructure development projects in Australia, Indonesia, Papua New Guinea and India. Duncan’s experience includes successful financing and development of projects such as Piparwar coal mine in India, North Goonyella coal project in Queensland and the Ulan coal mine in New South Wales. He served also as the Chairman of Felix Resources Limited. Travers Duncan has played a key role in the White Group of companies, most recently as Chairman of White Mining Limited, with a particular focus on advancing White Mining’s New South Wales projects. He leads a team in the development and commercialization of Ultra Clean Coal (UCC) technology, and he identified the Binderless Coal Briquetting process as a means of agglomerating Ultra Clean Coal for transport by conventional transport systems. He has been the Chairman of White Energy Company Limited since August 2010. He also serves as a Director of Ashton Coal Mines Limited. Duncan is a member of the NSW Government Clean Coal Council. He has over 30 years of experience in the management of large coal mining and infrastructure development projects in Australia, India, Indonesia and Papua New Guinea.