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The more I read it the more I like it... Fundamental R&D has...

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    The more I read it the more I like it...
    Fundamental R&D has continued throughout the fiscal year, with extensive bench testing of a broad scope of Indian iron ore supplied by NMDC and Indian lignite supplied by NLC. These have been, in every instance, successful at producing a high quality metal. The positive outcome of this testing led to the pursuit of the tripartite collaboration agreement and a second round of testing aimed at refining yield. This second phase has resulted in significantly improved yield across all ore samples compared to the first phase benchmarking, confirming the suitability of the Matmor process. The tripartite collaboration agreement brings the Matmor development timeline forward, driven by India’s desire to add greater value to its low-rank coal and iron ore resources.
 
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