Matmor
When you read NMDC chairmans speech and then ECT latest announcement
it is more than a pact .
"Your company is planning to enter into an area of iron making R&D jointly with ECT
Environmental Clean Technologies Limited, an ASX listed company in Melbourne ,Australia which has developed and patented MATMOR Technology.
This technology aimed at upgradation of low grade iron ore and steel mill waste, will
be developed jointly as an alternative to the traditional steel making process and will use lignite in place of metallurgical coal.
At present lab scale testing to establish the effectiveness of the Matmor process on the various grades of iron ore from NMDC mines along with lignite is under process.
https://www.nmdc.co.in/Press and Media/PressReleaseDetails.aspx
ECT
" The companys aim is to attract a JV partner in India to commercialise Matmor"
preliminary testing with encouraging results.
JV partner has been confirmed .
ALL IMO please do own research
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