AI 2018 Business Excellence Awards

Acquisition International - 2018 Business Excellence Awards 49 BE180066 Best Mining Technology Commercialisation Firm & Excellence Award in Finance Innovation 2018 - Australia Environmental Clean Technologies Limited Established in 2006 and based in Melbourne, Australia, ECT is in the business of commercialising leading-edge coal and iron-making technologies, which are capable of delivering both financial and environmental benefits, helping bridge the gap between todays use of resources and a low emissions future. The firm’s core competencies in process development, applied research, business development and corporate governance underpin its strategic-partnering business model, which leverages industry expertise to drive technology development and mitigate risk while maintaining the agility necessary to navigate often-uncertain political, social and economic conditions. The firm’s Coldry technology is a patented, , zero- CO2 emission process that changes the naturally porous form of brown coal to produce a dry, dense pellet, via a process call ‘brown coal densification’ coupled with low-temperature drying via waste heat utilisation to minimise cost. The firm also offers a unique means of producing high-quality iron from inexpensive, abundant brown coal and iron oxide. Since the advent of coke based iron production in 1709, primary iron making has relied on high quality black coal as its reductant and heat source. The MATMOR process is positioned to revolutionise primary iron making thanks to its unique hydrogen-based chemistry and novel, low cost, low emission, patented furnace design capable of using cheaper, alternative raw materials. Thanks to their innovative nature, today ECT’s Coldry and MATMOR technologies are gaining widespread interest. The Company recently executed a world-first deal with two Indian government owned enterprises; NLC India Limited and NMDC Limited, for the joint development of its two first-of-a-kind technologies. Commencing with an integrated Coldry-Matmor demonstration facility in India, the partners are targeting initial commercial deployment locally to support India’s tremendous growth challenge, followed by global deployment of the technologies using India as its manufacturing partner for key plant and equipment. Environmental Clean Technologies (ECT) is a public company listed on the Australian Stock Exchange focused on commercialising leading edge low- rank coal and upgrading technologies capable of delivering both financial and environmental benefits. We profile the firm to find out more. Company: Environmental Clean Technologies Limited Contact: Glenn Fozard Address: 388 Punt Road, South Yarra, Victoria, 3141, Australia Phone: 00613 9849 6203 Website: Coldry pellets entering the conditioning phase progression of Matmor from iron ore and lignite to melted iron