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.
Environmental Clean Technologies shares rise as project in India progresses
Basic design for the company’s lignite-based primary iron making project completed.
Environmental Clean Technologies Ltd’s (ASX:ESI) (ECT) shares are trading about 8% higher intra-day at $0.014 after completing the basic design for the Matmor component of its planned India project.
Matmor is the world’s first lignite-based primary iron making technology capable of replacing metallurgical coal and high-grade lump iron ore with lower-cost alternative raw materials…