coal future use, page-23

MATMOR value to ESI . Intersuisse did not include a valuation on the possible success of technology. If proven commercially successful Coldry is an intergral part of the process ,cannot have Matmor without the use of coldry pellets.
last post mentioned 100% SAVING when compared to using coking coal , ?IMO this will be achievable.
Valuation of 12.9c needs multiplication by 10 if proceed to Matmor plant .

http://www.ectltd.com.au/ECT/Matmor.html



Since the invention of coke based pig iron production in 1709, commercial iron making has relied on high quality metallurgical coal (coke). The Matmor process is positioned to revolutionise primary iron making thanks to the design of our simple, low cost, low emission, patented Matmor retort using cheaper, alternative raw materials.


Essentially the process involves blending wet brown coal (lignite) with iron ore or other metal bearing media to form a paste which is dewatered using the Coldry process.


The pellets are then fed into the Matmor retort where the remaining moisture is removed, the coal volatiles are driven off and the iron oxides are reduced to metal.


The advantages of the Matmor process over traditional blast furnace iron making are:


Replacement of expensive metallurgical coal with cheap, abundant lignite


The opportunity to replace expensive high grade Iron Ore (60%+Fe) with cheaper, low grade Iron Ore


Capital equipment is estimated at 50% less than traditional blast furnaces for equivalent production capacity


Cost of production estimated at 50% less per liquid tonne compared to traditional methods


Process requires significantly less heat / energy


Able to recover iron from millscale and other waste materials


Current Development Status


The Matmor Test plant, located in Victoria, Australia, can produce up to 40 liquid kilograms per hour.


Trials across dozens of different coals in combination with various iron ores and other iron bearing media such as mill scale and nickel tailings has resulted in greater than 95% recovery of iron with very low impurities.


Development Plan


ECT has engaged globally recognised furnace engineering consultancy firm Hatch to perform a Gap Analysis on Matmor with the view to scaling up to a Pilot Plant capable of producing 6,000 to 7,500 tonnes per year.


Following the successful establishment of the Pilot Plant, the next stage will involve scale up to a Commercial Demonstration Plant of between 50,000 and 100,000 tonnes per year capacity.

MATMOR: Iron Production