ECT 0.00% 0.2¢ environmental clean technologies limited.

Indian Govnt Grants

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    A lot of people bang on about our techs being old. But do they realise India has been searching for this sort of breakthrough for the past seven years?

    Last month's report by the Standing Committee for Coal and Steel, presented to Indian Parliament, has just been published and reveals that $8.8 million AUD has been spent in the past 4 years alone, on R&D for the following...

    R&D.jpg

    The above scheme describes the Matmor process to a tee. And the 2016/17 allocation of grants totals $3.3 million AUD. Our tripartite partners, NMDC, being only one of 8 Indian companies eligible.

    The Economic Research Unit of the Ministry of Steel, which also carries out techno-economic studies, states on its website...

    Emerging Scenario in Iron Making:
    • More than 90% of world iron production is through Blast furnace technology route.
    • Driving forces: Alternative Iron making technologies
      • Costly and scarce coking coal: Need to look beyond coking coal
      • possibility to use iron ore fines directly
      • Land-constraint
      • Environmental considerations
    • Eliminate pollution-intensive sintering and coke-making processes
      • Water scarcity

    Right time, right place?
    Only time will tell.

    http://164.100.47.134/lsscommittee/Coal & Steel/16_Coal_And_Steel_20.pdf
    http://erusteel.nic.in/Content/IronMaking.aspx?menu_id=80
 
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