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.