In just over five years the Cat-HTR technology has been brought from lab scale, to Small Pilot Plant ('SPP') scale and Large Pilot Plant ('LPP'); the LPP was officially opened in December 2011.
The next step is the completion of a comprehensive feasibility study for a commercial plant and the construction of a commercial-scale Cat-HTR reactor.
To co-fund this process, IR has been short listed under the A$90m Advanced Lignite Demonstration Program ('ALDP'), a federal Australian and Victorian government initiative.'
B Rubes
MNM Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held