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Environmental Clean Technologies to update on MATMOR transaction

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Environmental Clean Technologies (ASX:ESI) has been granted a trading halt by the ASX pending finalisation of an incomplete transaction in relation to the Matmor technology.

ESI's shares are currently in pre-open.

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.

The halt will remain in place until the opening of trade on Tuesday 2nd December 2014, or earlier if a announcement is made to the market.

 

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