Investor News

Stockhead: Environmental Clean Tech receives India patent for innovative HydroMOR ironmaking process

Special Report: Environmental Clean Technologies, with its HydroMOR process, is looking to deliver cost-effective, low-carbon emission solutions to the steelmaking industry. It has just received a patent grant in India for its sustainable tech.

  • HydroMOR ironmaking patent expands into India, the world’s largest populous
  • The tech uses cost-effective brown coal instead of coking coal for steelmaking
  • Trials show a 30% reduction in CO2 emissions

The news bolsters Environmental Clean Technologies’ (ASX:ECT) growing portfolio of patents for the tech which has already been granted in Australia, the EU, Hong Kong, Russia, and Canada.

The steel industry is responsible for ~8% of our world’s CO2 emissions. That’s where ECT’s tech comes in.

Traditionally, lignite, a soft, brown coal, is incompatible with conventional steelmaking processes.

ECT’s HydroMOR process harnesses the material and offers a low-carbon emission alternative to traditional, high-emission blast furnace steelmaking that predominantly uses expensive and polluting coking coal.