Pyrogenesis Canada Inc T.PYR

1.5 billion Vale bond offering

[thenewguy11]

The size of this offering is way more than coincidental. The fact that 9 billion dollars was ready to jump into it , screams that it's intended size is for a specific purpose. Just connecting the dots.

[Atomic1]

This is great DD! It also looks a pretty good fit to me. So exciting! They might as well be Client B or C. Would account for Peter's comment  "down there" in the most recent interview.  I looked at it a little bit, and it seems that Brazil is producing most of their electricity using renewable sources, mostly hydro power. Vale has itself lots of interest in renewable

[sjc444]

I checked Vale's latest quarterly report and conference call to see if they gave any indication about changing their iron pellet process. Unfortunately there was no discussion of environmental issues. Other than the finacial numbers the only other topic was how thecompany was coping with Covid 19.

[metalsmith66]

I believe strongly that pelletizing will include PYR in order to reach their longterm goals of "carbon-neutral mining by 2050". From Vale: 05/13/2020 Vale will invest at least US$2 billion to reduce its direct and indirect absolute emissions (scopes 1 and 2) by 33% by 2030. Direct emissions come from its operations, and indirect emissions come from external sources involved in the

[MazerRR]

Here's some info on work Vale is doing to combat climate change that is related to Pelletization. Keep in mind the RISE results and interest in Pyro torches for Pelletization furnaces only began this year so none of these documents will reflect this. I can't find an exact number but I believe Pelletization operations make up ~3.5M - 4.5M MT CO2 from Vale's operations out of 11.5M MT