EESTech Inc. and Inductotherm Corp. signed exclusive supply agreement. EESTech has developed a patent pending design breakthrough in primary smelting furnace technology known as the IRF (Induction Reduction Furnace). The IRF incorporates an ultra-high temperature Plasma field over an induction furnace body to significantly reduce the cost of smelting, requiring up to 40% less energy than traditional electric arc or blast furnaces and achieving up to 99% recovery of metal from non-conductive metal oxides. The IRF's increased process performance and dramatic reduction in power consumption, significantly reducing the carbon footprint of primary smelting, positions the IRF as an Economically Environmentally Sustainable Technology. The IRF represents a 'paradigm shift' in primary smelting technology, with the potential to revolutionize the world's foundry and metal casting industries. The first commercial application of the IRF is planned for the Samancor Ferro-Chrome (FeCr) recovery project. Under the terms of Agreement, Samancor Chrome will purchase all Ferrochrome metal recovered by EESTech that meets agreed specifications.