General Shareholder Update Q & A Forum
Following on from the recent (30 May 2018) signing of its agreement with two Indian government-owned enterprises, NLC India Limited (NLCIL) and NMDC Limited (NMDC), for the establishment of the largest ever R&D project between the two countries, the Company received requests from shareholders to provide feedback on topical questions raised on the share market internet forum, Hot Copper.
As a result of feedback, the Company decided to invite participants to send in questions via email, encouraging direct engagement with the Company. For the purpose of this particular exercise, a deadline of 5 pm on Monday 2 July 2018 was set.
Over 100 questions were received across a range of topics. Many were similar allowing consolidation to 49 questions.
Whilst the answers to the questions do not contain any new material information, they may be of general interest to all shareholder and as such, the answers will be posted on the Company's website after market close today and can be accessed via the following link www.ectltd.com.au.
ECT Chairman Glenn Fozard commented, "The Company encourages all shareholders who wish to provide feedback or seek clarification to contact the Company directly, either via phone on (03) 9849 6203 or email via email@example.com.
"Only information released by the Company via the ASX announcements platform or via its own website (www.ectltd.com.au) may be relied upon."
The Company looks forward to providing further updates in due course.
When applied to lignite and some sub-bituminous coals, the Coldry beneficiation process produces a black coal equivalent (BCE) in the form of pellets. Coldry pellets have equal or superior energy value to many black coals and produce lower CO2 emissions than raw lignite.
The MATMOR process has the potential to revolutionise primary iron making.
MATMOR is a simple, low cost, low emission production technology, utilising the patented MATMOR retort, which enables the use of cheaper feedstocks to produce primary iron.
About the India R&D Project
The India project is aimed at advancing the Company's Coldry and Matmor technologies to demonstration and pilot scale, respectively, on the path to commercial deployment.
ECT has partnered with NLC India Limited and NMDC Limited to jointly fund and execute the project.
NLC India Limited is India's national lignite authority, largest lignite miner and largest lignite-based electricity generator.
NMDC Limited is India's national iron ore authority.
About Environmental Clean Technologies Ltd
Environmental Clean Technologies Limited (ASX:ECT) is in the business of commercialising leading-edge coal and iron making technologies, which are capable of delivering financial and environmental benefits.
We are focused on advancing a portfolio of technologies, which have significant market potential globally.
ECT's business plan is to pragmatically commercialise these technologies and secure sustainable, profitable income streams through licencing and other commercial mechanisms.
Environmental Clean Technologies Ltd