Peter Bond
Peter Bond | |
|---|---|
 | |
| Born | Camden, New South Wales |
| Nationality | Australian |
| Citizenship | Australia |
| Occupation | Mining and Energy Executive |
| Known for | Linc Energy, Infinite Power |
| Website | peterbond.co |
Peter Bond is an Australian mining and energy executive, best known as the former Executive Chairman of Linc Energy. He debuted on the Australian BRW rich list in 2008 with a net worth of $352,000,000[1] and peaked at number 10, with a net worth of $572,000,000.[2] He is now Chairman of renewable energy company Infinite Power.[3]
Early life
Bond was raised in Camden, New South Wales. His father was a truck driver and his mother was a teacher. He finished high school in 1981 and became a metallurgist with BHP.[4]
Career
After leaving BHP, Bond began buying quarries, and soon started making $17,000 a month trucking coal. He became a millionaire by age 26 and in 2011 was ranked as the 10th richest person in Australia.[5].
As a metallurgist Bond always had an interest in mining technology and renewable energy, and in 2005 he took over Linc Energy, signing a memorandum with Syntroleum granting a licence to use the company's proprietary gas-to-liquid technology. This technology was used to build a GTL pilot plant in November 2007 at Linc's Chinchilla facility. The plant was commissioned in August 2008. The first synthetic crude oil was produced in October 2008.[6]
In November 2007, Linc Energy, in cooperation with BioCleanCoal Pty Ltd, established a joint venture to develop a prototype bioreactor for converting carbon dioxide through a photosynthesis into oxygen and solid biomass.
In October 2010, Linc Energy acquired a 10% stake in the UK-based alkaline fuel cell company AFC Energy and in 2011, it increased its stake up to 12%.[7] In the cooperation with AFC Energy and B9 Coal, Bond's company commissioned a hydrogen fuel cell named Alfa System at Chinchilla. Combining the fuel cell technology with the underground coal gasification allowed usage of hydrogen, produced by the underground coal gasification process, as a feedstock for the fuel cell.[8]
In July 2014, the company announced that it had gained initial approval from the Ministry of Environment (Poland)|Ministry of Environment of Poland to commence an underground coal gasification project and that the company has been awarded its third coal exploration license in Poland.[9] Also in July 2014, Linc Energy announced plans to commence drilling wells to prove up deeper parts of the Arckaringa Basin.[10]
After Linc Energy entered voluntary administration in 2016, Bond put his energy into the restoration of Dunk Island[11], before starting renewable energy business, Infinite Power.[12]
Personal Life
Bond has six children with his ex-wife Louise.[13] He is no relation to Australian business person Alan Bond.
Television Appearance
Bond appeared on the Australian version of The Secret Millionaire, a television program in which prominent millionaires go undercover in impoverished communities and give away substantial sums of money to help those in need. Bond’s appearance and sizeable donations were widely praised as being among the most generous of the series.[14]
References
- ↑ Tomlinson, Angie (29 May 2008). "Coal makes it big on rich list". Mining Monthly. Retrieved 22 November 2021.
- ↑ Hutchens, Gareth (9 July 2011). "Enough drive to shape Australia's future". Sydney Morning Herald. Retrieved 22 November 2021.
- ↑ "Peter Bond LinkedIn". Retrieved 22 November 2021.
- ↑ Hutchens, Gareth (9 July 2011). "Enough drive to shape Australia's future". Sydney Morning Herald. Retrieved 22 November 2021.
- ↑ Hutchens, Gareth (9 July 2011). "Enough drive to shape Australia's future". Sydney Morning Herald. Retrieved 22 November 2021.
- ↑ "Linc pilot flows first GTL fuel". Upstream (newspaper). NHST Media Group. 14 October 2008. Retrieved 6 August 2009.
- ↑ "AFC Energy raises new cash but parts with MD". International Business Times. 13 October 2010. Retrieved 22 November 2021.
- ↑ "AFC deploys operational alkaline fuel cell with Linc Energy in Australia". Renewable Energy Focus. Elsevier. 30 June 2010. Retrieved 29 September 2012.
- ↑ Dodson, Sam (15 July 2014). "Underground coal gasification project in Poland clears hurdle". Palladian Publications. World Coal. Archived from the original on 29 July 2014. Retrieved 29 July 2014.
- ↑ "Australia: Linc Energy to commence drilling 103 Billion BOE Arckaringa Basin in South Australia". energy-pedia news. 3 July 2014. Retrieved 29 July 2014.
- ↑ Chain, Brittany (2 May 2019). "Not bad if you can afford it! Tropical island paradise near the Great Barrier Reef hits the market for $20MILLION - and it comes with its own airstrip". Daily Mail. Retrieved 22 November 2021.
- ↑ "Infinite Power".
- ↑ "Clive Palmer snaps up Peter Bond's Brisbane trophy home for a bargain price". Retrieved 22 November 2021.
- ↑ "Secret Millionaire Peter Bond". 24 January 2018.
External links
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