Brief: Saltx, SMA Mineral, SSAB Enter Pre-Study On New Technology For Climate-Neutral Quicklime Production

SaltX Technology Holding AB (publ)

15/02/2023 15:20

Feb 15 (Reuters) - SaltX Technology Holding AB  SALTb.ST :
    * SALTX, SMA MINERAL AND SSAB ARE ENTERING A PRE-STUDY ON USING NEW TECHNOLOGY FOR
CLIMATE-NEUTRAL
QUICKLIME PRODUCTION
    * STUDY WILL BE COMPLETED DURING CURRENT YEAR
    * PARTIES HAVE SIGNED LOI, WHICH INTENDS TO TRANSITION INTO LONG-TERM COOPERATION AGREEMENT
IF
OUTCOME OF PRELIMINARY STUDY IS POSITIVE
    * COMPANIES PLAN TO START CONSTRUCTION OF THEIR FIRST JOINT PLANT FOR CALCINATION IN 2023
WITH
GOAL OF SUPPLYING AROUND 40,000 TONS OF CLIMATE-NEUTRAL QUICKLIME PRIMARILY TO STEEL INDUSTRY IN
2025

Source text for Eikon:  ID:nWkrbXk20q 
Further company coverage:  SALTb.ST 
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