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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > :-) LKAB had some interesting news this morning..
View:
Post by Oilminerdeluxe on Nov 23, 2020 12:47am

:-) LKAB had some interesting news this morning..

Ok, one of the top news this morning out of Sweden...

Wait for it.... Wait for it....


LKAB will spend 45 Billion dollars in the next 20 years (or was it 30?) on making Fossil Free Iron Pelletization

 

Anyone know a company that can help them with that??

IT MUST BE!
Comment by Oilminerdeluxe on Nov 23, 2020 1:03am
It was just said that LKAB will make this announcement later this day! The biggest investment in modern time it is being hailed.. Please, let it be.
Comment by MidtownGuy on Nov 23, 2020 1:05am
Link to article or news?
Comment by Oilminerdeluxe on Nov 23, 2020 1:23am
It's only in Swedish this far, and on the radio. An official  news release will follow during the day, it was said. It was just said however that LKAB will use a "hydrogen method" for this. Not sure what to make of it. More info on this will follow during the day. I will be busy at work soon, but I will try and fetch more info as it come unless someone else does. It might not ...more  
Comment by developbc on Nov 23, 2020 1:30am
No worries oilminer thanks for the info.  Never really consider LKAB much in correlation with PyroGenesis.  My firm bet for CLIENT A  is definitely monster gorilla VALE  :).  Plus CLIENT B, C etc etc  Very very exciting times! Long and strong PYROGENESIS! 
Comment by Aarman4 on Nov 23, 2020 1:34am
I've always considered LKAB to be the client that wants to skip modeling.... If I remember correctly, they took part in the rise testing and had first hand viewing of what went down there.... Peter had also made comments regarding how good the HYBRIT factory would look in the future with pro torches.... It also corresponded with his comments of horizontal opportunities..... Which is where I ...more  
Comment by developbc on Nov 23, 2020 1:37am
Thanks Aarman4..sorry for typo and grammar error previously. Meant to type : I never really considered LKAB much in correlation with PyroGenesis for CLIENT A. My firm bet for CLIENT A is definitely monster gorilla VALE :). Plus CLIENT B, C etc etc  Very very exciting times! Long and strong PYROGENESIS!  
Comment by developbc on Nov 23, 2020 1:47am
Actually the last paragraph is interesting as definitely can correlate to PyroGenesis but not CLIENT A lol: "Concurrently, trials with other carbon-dioxide-free and fossil-free heating technologies are now under way at LKAB’s experimental plant in Lule. “Even in these early stages, we are seeing that there are carbon-dioxide-free fuel alternatives that perform better in many respects than ...more  
Comment by Juniper7 on Nov 23, 2020 1:30am
Tha announcement was actually made Nov. 2 https://www.lkab.com/en/news-room/news/lkab-produces-the-worlds-first-iron-ore-pellets-with-fossil-free-fuels/?aid=5232
Comment by MidtownGuy on Nov 23, 2020 1:54am
No it's a different announcement. The full article is here: https://www.dn.se/debatt/med-ny-satsning-kan-lkab-producera-fossilfritt-jarn/
Comment by MidtownGuy on Nov 23, 2020 1:59am
Here's the translation of the full article: https://www.dn.se/debatt/med-ny-satsning-kan-lkab-producera-fossilfritt-jarn/ With a new hydrogen-based technology, the state mining and mineral group LKAB will transition from producing iron ore pellets to producing carbon dioxide-free iron fungus. It will be the largest industrial investment in modern times and will be fully implemented to cut ...more  
Comment by developbc on Nov 23, 2020 2:20am
Wow thanks for your efforts this late night. Watching Netflix as I try to multi task. Yes definitely Pyrogenesis & LKAB could definitely be in talks but VALE is CLIENT A.."my final answer" and bet lol.  LKAB will definitely need torches to burn the cleaner hydrogen ( as you kindly stated over at ceo.ca) Long and strong PYROGENESIS!
Comment by developbc on Nov 23, 2020 2:43am
Great DD by @MidtownGuy "Finally, it looks like LKAB's announcement to use hydrogen is downstream. You still have to start with pellets. And even if using biofuel in the pellet process, it still has to be heated. I found a graph:" https://cdn-ceo-ca.s3.amazonaws.com/1frmplc-hybrit.jpg
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