Monthly Archives: March 2018

Indian Partners Visit Dates Confirmed

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) provides the following update in relation to the previously announced proposed visit to Australia by its Indian project partners. The Company’s announcement of 8 March 2018 stated that invitations had been sent to NLC India Limited (NLCIL) and NMDC Limited (NMDC) to visit Australia in late… Continue Reading >

Hazelwood power station closure drives up bills, forces gas reliance

Anyone following the story of wholesale electricity price rises since the closure of Hazelwood power station won’t be surprised by the below article in yesterday’s Herald Sun ($). Key points: Household power bills have soared 16% since the abrupt closure of Hazelwood Wholesale power prices have jumped from being the cheapest in Australia to second… Continue Reading >

Proactive Investors – Company Coverage

Yesterday we updated the market on the completion of the basic design for the Matmor component of our India project. Investor analysis website ‘Proactive Investors’ did a good job of summarising our key message. Read more…   Environmental Clean Technologies shares rise as project in India progresses Basic design for the company’s lignite-based primary iron… Continue Reading >

Matmor Pilot Plant Basic Design Package Complete

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to announce the completion of the ‘basic design’ for the Matmor component of its planned India project. Key points: The Matmor technology is the world’s first and only lignite-based primary iron making process, capable of replacing metallurgical coal and high-grade lump iron ore with… Continue Reading >

Green reports intentionally misleading

There’s an information war underway… or a propaganda war, depending on your view. A robust debate on energy policy is essential to delivering a balanced outcome between reliability, affordability and emissions intensity. At stake is our standard of living. The cost of energy flows through to all goods and services. And given the recent unprecedented… Continue Reading >

Helping India with its steel industry growth challenge

India is the place to be for ECT. It’s now the worlds fastest growing large economy. India’s ambition to grow its steel industry from 100 million tonnes to 300 million tonnes by 2030 is well known. Can it achieve such an ambitious target? There are challenges. We’ll touch on those in a moment, meanwhile, the… Continue Reading >

$1.3bn hit as solar subsidies surge

Yesterday’s article by Joe Kelly in The Australian ($) has highlighted the cost of solar subsidies. Last year subsidies cost households and business $500 million. This year subsidies are tipped to hit $1.3 billion. There’s also a misconception by many that the government pays the subsidy when you purchase a solar system. They don’t. Joe… Continue Reading >

Advocacy group calls for balanced approach to energy policy

Over 5200 MW of coal-fired power stations have been closed in the past 10 years. During that same period, household and business power prices have surged more than 80-90 per cent. Nathan Vass is the founder of the Australian Power Project, a leading advocacy group calling for a balanced and sustainable approach to achieving a clean… Continue Reading >

Why should investors care about hydrogen?

You’ve probably all read it somewhere… ‘hydrogen is the fuel of the future’. It appears hydrogen could play an increasingly important part in our future energy mix, especially in transport. But it will take time, effort and investment to realise its potential. The below article from The Flinders News tells us the worlds biggest wind… Continue Reading >

Shareholder Update – India Activity

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to provide the following update on the progress of the external, independent financial review (the Review) of its proposed Coldry-Matmor project in India. Key points: Independent, external review complete & submitted Master Project Agreement (MPA) being updated and finalised to reflect the Review ECT,… Continue Reading >