Iron ore pelletizing client for torch modeling contractNoticed in the April 30th NR that the multi-billion-dollar client Pyrogenesis announced the torch modeling contract with has over 10 plants requiring ~50 torches each.
The NR also states this is client is an ‘international’ producer of iron ore pellets. According to their website LKAB has only 6 pelletizing plants, all in Sweden.
Could have been wrong on that initial speculation of LKAB (although it did lead to a lot of interesting information); 10+ plants would be an even bigger producer… What do you guys think?
Vale has 11 pellet plants in Brazil, 2 in Oman and 1 in China I think, and a few other plants that are joint ventures. Pyrogenesis mentioned they’ve heard from most of the top producers, and received requests from many of them. If the initial contract was not them, I’d bet they’re being worked on now.