Thanks RBA,I was aware of the reduced cost of brown coal feed...

Thanks RBA,
I was aware of the reduced cost of brown coal feed stock for ColDry to leverage savings from the high price of Coking coal, however I am not sure of your connection with McCarthur Coal.

If you are correct in the maturity of Matmor, the commercialisation benefits for ECT and savings for steel manufacturers is significant. Particularly as the high grade Iron Ore deposits are priced at a premium, while low grade supplies are coming on stream and very cost affective.

As an aside, the chemistry side of the Matmor processes is fascinating.

Cheers and Thanks