Pyrogenesis Canada Inc T.PYR

Rio Tinto

[vestmed]

I believe we are slightly off with our identification of clients. I now believe client A is Vale, client B is actually IOC (Iron Ore Company of Canada) and Rio Tinto is client C. This might explain why Client C didn't ask for modelling because they did modelling with IOC (they are majority owner). One thing that was bothering me was that it seems like a major Aluminum player has jumped in with all their recent announcements surrounding the aluminum business and Pyro established an aluminum division. To me this major player more than likely would be Rio Tinto, they are probably the biggest player in aluminum and they are also connected to Maaden Aluminum who we are working with. Recently Peter has said that client C is now considering a "variety of uses as a package" which I think means iron ore pelletization, steel and multiple uses in aluminum. Makes more sense to me that client C is Rio. If this is true Rio Tinto would end up being our biggest client by far since they would be ordering torches for multiple uses. I think Rio Tinto is the key player for us as they are connected to multiple companies that are involved in aluminum production such as Maaden, Hatch, furnace manufacturers etc. Perhaps they introduced us to these players. Pyro is currently testing with multiple companies (furnaces manufacturers, anode baking, etc.) Rio probably has access to the test results from these ventures as well so maybe they are comfortable with the results. Orders could be coming sooner that we think.

[GOGREENBABY]

This does make sense. The really good news is that they've already got a taste of the Drossrite systems too, so as Peter stated they are looking at a full package of products.    

[TheShare]

https://www.pm.gov.au/media/albanese-government-passes-climate-change-bill-house-representatives Australia - Rio Tinto - Pyrogenesis Connect the dots