Why wouldn't it be the most significant innovation in iron smelting in 300 years. Iron making has not changed forever while Matmor is a potential game changer lowering the cost of iron making with lower cost raw ingredients required using it. The other major difference is the infrastructure which requires building materials that do not require materials used in normal smelting which can withstand the intensive heat of smelting. Matmor does not require the intensive heat in its process which lowers both the infrastructure costs as well as the energy costs that smelting does. How about also throw in the added bonus of the Matmor process lowering the carbon footprint as well. Matmor is a game changer for the iron industry and a signed MPA with our Indian majors is the beginning that will see this game changing tech working side by side with Coldry move into a development pathway starting in India but having a global potential unseen in the iron making game before.
ESI Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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