Shareholder Update – India and local activity

Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) is pleased to provide the following update on the progress of its project in India and local activities. Key points India Research Collaboration Agreement ECT Meetings concluded with NMDC CMD N. Baijendra Kumar and NLCIL CMD Rakesh Kumar ECT Chairman met with Add. Secretary for Ministry… Continue Reading

IPCC warns 12 years to avoid climate tipping point

The International Panel on Climate Change (IPCC) released their latest ‘special report’ this week, calling for ‘urgent’ action. Why so urgent? It turns out that contrary to previous claims, even if every country delivers on their Paris Climate agreement commitments, we won’t actually achieve the goal of limiting temperature rise to 2°C, let alone 1.5°C by 2100.… Continue Reading

Gas prices to remain high despite planned imports

The below article by Cole Latimer in today’s ‘Age’ highlights the likelihood of gas prices remaining high, with projections of $12.60 per gigajoule next year, up from $3.48 for the March quarter, 2015.   Gas prices have doubled since 2015. If they rise to the projected $12.60 point that’s a 362% increase. Wind and solar targets… Continue Reading

Matmor technology presented at the Global Steel Innovation Forum

Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) presented its Matmor technology at the Global Steel Innovations Forum, held in Dubai last week. Key takeaways: Largest-ever R&D collaboration between Australia and India Matmor is the only lignite-based iron making technology in the world, eliminating the cost of both thermal and coking coal used in… Continue Reading

Top 40 Shareholders as at 30 September 2018

Position Holder Name Holding % 1 LJ & K THOMSON PTY LTD <LJT & KT SUPER FUND A/C> 250,000,000 5.21% 2 ELGAR PARK PTY LTD <ELGAR PARK  SUPER FUND A/C> 115,778,000 2.41% 3 BRIAN JOHN MENZIES <MARBRIJEN SUPER FUND A/C> 115,000,000 2.40% 4 SUPERIOR COATINGS (AUST) PTY LTD 96,671,720 2.01% 5* MR GREGORY MILTS 94,140,368… Continue Reading

Shareholder Update – India Project

Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) is pleased to provide the following update on the progress of its project in India. Key points Research Collaboration Agreement NLC and NMDC continue preparations for finalisation of the Research Collaboration Agreement (RCA) ahead of planned NLC board meeting in October NLC mention ECT project in… Continue Reading

HIsarna, like HiSmelt not a threat to Mamtor

HIsarna, like HiSmelt not a threat to Mamtor

  HiSmelt, and a related technology known as HIsarna, have made the headlines recently: Tata Steel reveals HIsarna technology to tackle environmental concerns in the steel industry[i] We recently wrote about HiSmelt, noting it wasn’t a direct threat to Matmor development due to the unique value proposition of Matmor; its ability to use lignite instead… Continue Reading

Does the Victorian government battery subsidy make sense?

Does the Victorian government battery subsidy make sense?

  Great question! The Victorian government has announced a raft of solar power-related subsidies including paying half the cost of an 11kW battery, up to the value of $4838, for households with incomes less than $180,000. But, as Paul Higgins highlights in the below article from The Age, does it make economic sense? Firstly, homeowners have… Continue Reading

HiSmelt not a threat to Matmor       

HiSmelt not a threat to Matmor       

We’ve noted increased interest in an iron making process known as HiSmelt, which appears to have been recently resurrected in China. Some shareholders have asked us for our thoughts on HiSmelt and how our own Matmor process compares. Comparing technologies can be difficult due to a lack of reliable, sufficiently detailed, publicly available information, so… Continue Reading