BISAN JV to pelletize and briquette ore

July 5, 2008

July 5th (Steel Guru) – It is reported that BISAN will establish a JV dedicated to developing and commercializing methods for palletizing and briquetting coal and iron ore.

As per report, the new company called Size Technologies Australia will take over the palletizing technologies which had been owned and developed by Dr Len Breytenbach of South Africa.

Dr Breytenbach will apply his expertise in coal and mineral ore agglomeration to the company, of which he and other investors own 50%. The other 50% is owned by Bisan.

The new company will build two coal briquetting pilot plants and one iron ore palletizing pilot plant, and Dr Breytenbach will relocate an existing palletizing pilot plant, briquetting machine, building and office to the STA site.

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