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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Post by Justwowon Apr 06, 2023 2:38am
1698 Views
Post# 35382463

Rio Tinto(IOC) capital expenditures reference plasma torches

Rio Tinto(IOC) capital expenditures reference plasma torches

@googlesvancouver https://ca.finance.yahoo.com/news/labrador-iron-ore-royalty-corporation-234800990.html To add on the Mar 7th post. I'm surprised this didn't get more attention, "Capital expenditures for IOC were $460 million in 2022. This was 8% lower than 2021, but substantially higher than 2020. Capital expenditures in 2022 were 24% lower than the $606 million that IOC had originally forecasted, mainly due to the decision by IOC to defer certain capital projects, including the redesign of the tailings system, the rebuild of induration machine #3 at the pellet plant, and the construction of a parallel outgo rail track to improve the dumping speed and operational efficiency at Sept-les" "The capital expenditures for 2023 at IOC are forecasted by IOC to be approximately $534 million. The 2023 forecast includes approximately $134 million of growth and development projects. " "Significant sustaining capital expenditure projects include the rebuild of induration machine #3 at the pellet plant" And funny enough the 534-460 is 74 Million.... coincidentally aligning with the 70 Million Plasma Project detail in the Rio Tinto' project manager LinkedIn profile
www.linkedin.com/in/stephane-levesque-8592a52a


cusam thanks for that link @googlesvancouver...don't know how I didn't see it before but this was interesting too "Significant sustaining capital expenditure projects include the rebuild of induration machine #3 at the pellet plant and the track replacement program on the QNS&L. ...IOC is looking at ways to electrify its sources of heat to reduce emissions. This includes the introduction of the new electric boiler referred to above and the commencement of the pilot project to test the use of four new plasma torches in the pellet plant."

Approximately 75% of IOC's current GHG emissions come from pelletizing. In the shorter term, IOC is looking at ways to electrify its sources of heat to reduce emissions. This includes the introduction of the new electric boiler referred to above and the commencement of the pilot project to test the use of four new plasma torches in the pellet plant.

After many delays and investments in electrification, IOC is now moving forward with testing the 4 new plasma torches in 2023

Long and Strong Pyrogenesis!

 

www.linkedin.com/in/stephane-levesque-8592a52agooglesvancouver https://ca.finance.yahoo.com/news/labrador-iron-ore-royalty-corporation-234800990.html To add on the Mar 7th post. I'm surprised this didn't get more attention, "Capital expenditures for IOC were $460 million in 2022. This was 8% lower than 2021, but substantially higher than 2020. Capital expenditures in 2022 were 24% lower than the $606 million that IOC had originally forecasted, mainly due to the decision by IOC to defer certain capital projects, including the redesign of the tailings system, the rebuild of induration machine #3 at the pellet plant, and the construction of a parallel outgo rail track to improve the dumping speed and operational efficiency at Sept-les" "The capital expenditures for 2023 at IOC are forecasted by IOC to be approximately $534 million. The 2023 forecast includes approximately $134 million of growth and development projects. " "Significant sustaining capital expenditure projects include the rebuild of induration machine #3 at the pellet plant" And funny enough the 534-460 is 74 Million.... coincidentally aligning with the 70 Million Plasma Project detail in the Rio Tinto' project manager LinkedIn profile www.linkedin.com/in/stephane-levesque-8592a52a
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