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NLC India, NMDC sign MoU with Environmental Clean Technologies

31 May 2018 Evaluate

NLC India (NLCIL) and NMDC have signed a Memorandum of Understanding (MoU) with Environmental Clean Technologies (ECT) for the largest-ever joint R&D collaboration between Australia and India. The signing of MoU and execution of the Project Agreement were carried out on May 30, 2018 in Canberra, Australia.

The Project aims to jointly setup an integrated Coldry-Matmor pilot plant in India which will develop a low emission Iron and Steel process. The agreement sees the commencement of the next stage of development for ECT’s two proprietary technologies, Matmor which is the world s first and only lignite (brown coal)-based primary iron making technology and Coldry, a unique, zero-emission, lignite upgrading technology capable of producing a solid fuel for use in power generation and Industrial thermal applications.

The project entails two phases, commencing with an AUD 35 million R&D phase funded by the Indian partners, which aims to scale-up ECT’s Matmor and Coldry technologies to deliver an integrated pilot plant capable of producing around 2 tonnes of metal per hour. Following successful R&D outcomes, phase two involves commercial expansion, targeting an integrated steel making facility with a proposed capacity of 500,000 tonnes per annum and an estimated cost of AUD 300 million. The partners will then assess opportunities for global commercial expansion based on market assessment at that time.

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