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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

Post by ScienceFirston Jun 05, 2021 10:46pm
506 Views
Post# 33336818

ArcellorMittal and PYR ...

ArcellorMittal and PYR ...

I think it's one of our potential Clients for plasma torches (or any other technology).  But I'm not sure.  Midtownguy could confirm.

June 5, 2021

Labour Dispute on the North Shore - A New Agreement in Principle Reached Between ArcelorMittal and the Five Local Unions of the United Steelworkers (newswire.ca)


ArcelorMittal Mines and Infrastructure Canada is an essential link in the entire chain of steel production, in Qubec and elsewhere in the world, and the economic benefits of its presence in Qubec are substantial


But anyways, looks like PYR recently had other ties with ArcellorMittal:


Design of High-Performance Tool Steel Metal Powders for Laser Additive Manufacturing (HIPTSLAM)

Funding Details
Natural Sciences and Engineering Research Council of Canada
  • Grant type: Applied Research and Development Grants - Level 3
  • Year: 2019/20
  • Total Funding: $136,840

Project Summary

This project's aim is the development of tool steels powders based on wrought steels, in which the academics partners are CMQ, Laval University and McGill University and the industrials partners are ArcelorMittal, Bid Group, Canimex, Dienamex, Promatek and PyroGenesis. This specific project is part of an international collaboration between the Transatlantic Cluster for Lightweighting (TraCLight), their partners: wbk Institute of Production Science, Ghring, Indutherm and Rosswag, and another specific project in Canada between Waterloo University. All three projects aim to develop tool steel powders for additive manufacturing processes, but the specific alloys and properties objective will vary based on the industrial partners needs.

24 May 2021 10:45 CET

ArcelorMittal (‘the Company’) has today published its 2020 integrated annual review, ‘Inventing smarter steels for a better world’. The review, which can be accessed here, underpins the Company’s commitment to transparent reporting. It has been produced in-line with the International Integrated Reporting Council’s framework, the Global Reporting Index Sustainability Reporting Standards 2016, the United Nations Global Compact, the European Union’s Directive 2014/95/EU on non-financial reporting and the Sustainability Accounting Standards.

The review provides an overview of the Company’s performance in 2020, outlines the progress it made against its strategic priorities and details its short- and long-term plans. Specifically, the review outlines ArcelorMittal’s performance and ambitions across the following areas: health and safety; delivering financial value; innovating smarter steels and solutions; and driving environmental and social sustainability. It also demonstrates the Company’s approach to ensuring it brings long-term, sustainable value to its broad stakeholder base.

Commenting, Aditya Mittal, CEO, ArcelorMittal, said:

“2020 was, by any measure, an extraordinary year. The Covid-19 global pandemic caused unprecedented disruption to societies, businesses and individuals across the globe, forcing us all to re-think the way we live and work. Our clear priority throughout the pandemic was to keep our employees safe and well. We are proud of the care they showed each other and their commitment to keeping the business running.

“Yet for all the challenges of 2020, it was also a year of progress for ArcelorMittal. We achieved our net debt target and improved the quality and earnings capability of our asset portfolio. The upshot is a higher growth portfolio as we are able to focus investment behind higher growth opportunities in markets like Brazil, Mexico, India and Liberia.

“I have therefore stepped into the CEO role at a time when the company is in many ways stronger, allowing me to focus on the four strategic pillars which underpin our vision to remain the world’s leading steel company in the coming decades. The first three – having a strong balance sheet, growth portfolio and competitive cost position – put the Company in a strong position to grow and develop.

“The fourth pillar of our strategy is our ambition to be a sector leader in sustainability. Global concern for sustainability and responsible business continued to grow in 2020, perhaps even accentuated by the challenge of the pandemic. We track performance according to five sustainable development themes but three issues in particular stand out – safety, decarbonisation and diversity. Despite considerable effort, we know our safety performance is not good enough. The Executive Office, the Sustainability committee and the full Board has discussed this in depth as a result of which changes have been introduced which we hope will support a step change in our safety performance.

“Although the transition to a low carbon society is a significant challenge, it also presents ArcelorMittal with tremendous opportunity. A significant milestone in our decarbonisation ambitions was the launch in March of XCarb™, a brand that brings together all of ArcelorMittal’s reduced, low- and zero-carbon steelmaking activities into a single effort, focused on achieving demonstrable progress towards carbon-neutral steel.

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