ANNUAL REPORT 60.....2017-18 th NMDC Limited
P 72
TECHNOLOGY ABSORPTION PROJECTS:- R&D for alternative Iron making Technology: A pilot plant for iron making by adoption of MATMOR technology is envisaged in Research Collaboration mode between NMDC, NLC and ECT. The MATMOR technology is a unique alternate iron making method for producing high-quality iron from inexpensive, abundant Lignite (brown coal) and high or low grade iron ore/ mill scale etc; technology patent is owned by M/s ECT, Australia. The MoU for Research Collaboration on COLDRYMATMOR Pilot plant project was signed on 30 May 2018 at Canberra, Australia in presence of Dr A M Gondane, Hon’ble high commissioner of India to Australia. The MoU will set out the understanding of the Parties for the development of the Pilot Project and includes provisions with respect to formation and capitalization of the Project SPV, execution of several agreements at different stages of the implementation of the Pilot Project, and licensing and sub-licensing of IP as contemplated for the Pilot Project followed by construction, commissioning and operation and maintenance of the Pilot Project.
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