RE:Installation of new equipment to begin in second half It is interesting that the few of you guys that posted this news ignored other information contained in the news release such as:
"The funding will enable IOC to reduce the amount of heavy fuel oil that is consumed in the production of iron ore pellets and concentrate. The company will install an electric boiler to displace emissions from the usage of the heavy fuel oil boilers, as well as instrumentation and fuel-efficient burners to further reduce heavy fuel oil consumption from induration machines."
I am sure that this piece was not intentionally ommited. So, can someone clarify how plasma torches fit into this description of the project. ThinkBig, BigMoe...you guys know PYR well, so please provide the explanation.
Thank you in advance.