RE:RE:RE:ArcelorMittal announces intention to build an EAF at AM/NS I agree Rain...
Look at their locations and proximity to a certain company...
I 100% think that they are looking in to Pyrogenesis
From their website.
https://www.transformerlavenir.com/en/facilities/
ArcelorMittal Mining Canada G.P. (AMEM) and ArcelorMittal Infrastructure Canada G.P. (AMIC) stand out from several points of view.
AMEM is ArcelorMittal’s largest mining subsidiary for the extraction of iron ore. Its Mont-Wright mine is one of the most extensive open-pit mines in North America with a surface area of 24 square kilometers. Its pellet plant in Port-Cartier is one of the most efficient in the world. With a nominal annual capacity of 6 million metric tons, today it produces close to 10.1 million, thanks to the talent and tenacity of its employees.
AMIC runs a 420-kilometer railway, recognised as a reference throughout North America, as well as Canada’s largest private port. Its port facilities have a reputation for efficiency throughout the shipping world.
AMIC and AMEM are renowned for being proactive in the areas of health and safety, technological innovation and operational excellence.
rainorshine59 wrote: ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 18 countries. In 2019, ArcelorMittal had revenues of $70.6 billion and crude steel production of 89.8 million metric tonnes, while iron ore production reached 57.1 million metric tonnes Maybe not far off in speculating that they are having a boo at PYR's tech.
If not now...then probably sooner rather than later.
Ho hum...what a laydown for investors this is..,never seen the like of it!
Gotta get Green?
Gotta get PYR!
Carsonagenic wrote: Electric Arc Furnaces are part of the the steel making and is downstream of Iron Ore Pelletization process. and not within the scope of the PYR patent for torches. It is a completely different technology involved for making steel as to Iron Ore Pelletization. However, with Arcelor building this new facility, they will hopefully need more iron ore production to charge their steel furnaces at a reduced cost....hence that would be a connection to this PYR story. Any increase in steel production worldwide is a positive for Pyrogenesis.