West Perth-based Metex Resources Ltd will move to full ownership of Carbon Energy Pty Ltd and its underground coal gasification technology after agreeing to buy out the CSIRO for around $41 million in cash and scrip.

West Perth-based Metex Resources Ltd will move to full ownership of Carbon Energy Pty Ltd and its underground coal gasification technology after agreeing to buy out the CSIRO for around $41 million in cash and scrip.