ECOFER: Next Generation Slag and Mineral Processing Technology

Información del proyecto

ECOFER

Identificador del acuerdo de subvención: 835668

DOI

10.3030/835668

Proyecto cerrado

Fecha de la firma de la CE 30 Noviembre 2018

Fecha de inicio 1 Diciembre 2018

Fecha de finalización 31 Mayo 2019

Financiado con arreglo a

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Coste total

€ 71 429,00

Aportación de la UE

€ 50 000,00

Coordinado por

ECOFER TECHNOLOGIES OU
Estonia

Periodic Reporting for period 1 - ECOFER (ECOFER: Next Generation Slag and Mineral Processing Technology)

Período documentado: 2018-12-01 hasta 2019-05-31

Resumen del contexto y de los objetivos generales del proyecto

Ecofer Technologies OÜ (Ecofer), is an Estonian cleantech and engineering company, focused on slag processing technology development for steel industry. Since 2015, the team has focused on developing the next generation disruptive slag processing technology. The processing technology will re-evaluate steelmaking slag value and bring new growth opportunities for steelmaking industry. At the current stage, Ecofer aims to finalise the development work and prepares to enter global markets with the unique slag processing and metal recovery technology.
The objectives of the feasibility study were to study both commercialisation and technological aspects of the innovation.

Trabajo realizado desde el comienzo del proyecto hasta el final del período abarcado por el informe y los principales resultados hasta la fecha

During the feasibility study, we:
• Updated the business plan and go-to-market strategy;
• Conducted a freedom-to-operate study;
• Finalized the design for the pilot plant to be set up in Phase 2.
As a conclusion of the project, the Ecofer slag processing technology is technically and commercially feasible.

Avances que van más allá del estado de la técnica e impacto potencial esperado (incluida la repercusión socioeconómica y las implicaciones sociales más amplias del proyecto hasta la fecha)

The business plan development resulted in a validated strategy for overcoming the major market entry hurdles and for engaging pilot customers. We developed an alternative business model for the piloting phase and a licensing business model with further perspective and determined the benefits and risks of both. Accordingly, we adjusted our go-to-market strategy and clarified the required competences and resources. Additionally, we described the targeted profiles of an investor-partner and envisaged the steps to access them.

Analysing the targeted markets, we validated our market potential across regions and countries and gained a better understanding of the competitive landscape. We validated the uniqueness of our metal recovery technology; especially our Vanadium recovery method will give the key competitive advantage we must continue focusing on.

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