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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Comment by Olderguy1on Feb 01, 2021 10:16am
179 Views
Post# 32435614

RE:Cleveland Cliff NR GHG Plans - posted on Agoracom

RE:Cleveland Cliff NR GHG Plans - posted on AgoracomPerhaps the net reduction in green house gas (GHG) realized by installing PYR plasma torches is only minimal when the increase in GHG emitted by the power plant to generate the electricity required by the plasma torches is taken into consideration. Perhaps that is why Customers A,B,C have held off purchasing. Perhaps the economic case is not as good as we think.


Atomic1 wrote: https://www.businesswire.com/news/home/20210128005322/en/

Here is a link to CC corporate website, where further detail can be found:

https://www.clevelandcliffs.com/English/corporate-responsibility/environmental-stewardship/producing-environmentally-friendly-iron-ore-pellets/default.aspx

Digging a little into it, the folowwing point are interesting:


"3. Cliffs continues to research and develop new indurating furnace burner technologies. In compliance with federal EPA regional haze emissions rules, new low-NOx burner technology is being installed in phases in our eligible indurating furnaces between 2017 and 2021, ultimately resulting in a 50% reduction in NOx emissions."

So they are indeed replacing their burners, on some furnaces.

Also, it is stated they are involve with making electricity production cleaner, which will be needed to fully take advantage of the plasma burners ghg rection potential.:

"
For example, Cliffs’ involvement in stabilizing the energy supply in Michigan’s Upper Peninsula facilitated the transition of the 350-megawatt coal-fueled Presque Isle Power Plant to new natural gas-generating stations with a combined output capacity of 183 megawatts. The transition, completed in Spring 2019, resulted in 95% reduction in nitrogen dioxide emissions, 99% reduction in sulfur dioxide and mercury emissions, and 45% reduction in particulate emissions.

Cliffs’ electrical power is supplied by sources that have achieved an 89% reduction in SO2 and NOx emissions compared with 2005. Our ongoing efforts are expected to deliver a 97% reduction in SO2 and NOx emissions associated with the electricity we purchase by 2021."

LInk to the press release:

https://www.businesswire.com/news/home/20210128005322/en/


Link to CC corporate website, where further detail can be found:

https://www.clevelandcliffs.com/English/corporate-responsibility/environmental-stewardship/producing-environmentally-friendly-iron-ore-pellets/default.aspx


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