Melbourne: An Australian company has signed an agreement with two Indian public-sector undertakings (PSUs) to develop the firm's low emission iron-and-steel process via an integrated plant in India, the largest-ever joint research and development (R&D) collaboration between the two countries, according to a statement. The agreement signed by Melbourne-based Environmental Clean Technologies (ECT) with NLC India Ltd and National Mineral Development Corporation (NMDC) on Wednesday, will focus on commercialising ECT's two proprietary technologies -- Matmor and Coldry, the ECT said in a statement. The agreement entails two phases, starting with an 35-million dollars R&D phase that would be funded by the Indian partners. It aims to scale up ECT's two technologies to deliver an integrated pilot plant capable of producing 2 tonnes of metal per hour, it said.
