PERED® PROCESS LICENSE AGREEMENT
China Shanxi Taihang Mining Co.,Ltd sign Process License Agreement with MME GmbH
China Shanxi Taihang Mining Co.,Ltd signed with MME GmbH the Process Licence Agreement related to the PERED®DIRECT REDUCTION PROJECT in Zuoquan County, Shanxi Province.
The scope is the possible installation of a HBI project 0,3 MMTPY based on Coke Oven gas using PERED®DRI process. The parties signed a MOU planning to sign within middle 2013 the supply contract.
This technological solution is an innovation for China industry, the complete plant will be installed by HFEC as EPC contractor.