Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 developbcon Jun 08, 2021 12:49am
313 Views
Post# 33345942

RE:DROSRITE and PYR will make waves in the Aluminum industry

RE:DROSRITE and PYR will make waves in the Aluminum industry

Wow great to see your informative posts MazerRR.  Everyone do yourself a favor and read MazerRR's post history...very informative and was one of the very first every to  post a very detailed comprehensive summary of PYR.

Long and strong PYR!!!!



MazerRR wrote: Incredible news today that an existing Aluminum industry customer is coming for a repeat order of DROSRITE. It’s a major validation for PYR, and given that DROSRITE is relatively new to the industry, every order further cements confidence in this technology and increases awareness of it to those smelters who are using outdated technology like the Rotary Salt Furnace (RSF) dross recovery process.

The adoption of DROSRITE will only grow over time, and accelerate PYR’s foothold within Aluminum smelters, because it just makes sense. DROSRITE gives smelters the ability to process dross on-site, at a cheaper cost, and in a more environmentally friendly manner, by reducing GHGs from the dross recovery process, as well as avoiding the need to landfill hazardous RSF salt-cake waste. Governments are cracking down on the Aluminum industry’s landfill practices, a tail-wind to PYR, but even without that, from a financial standpoint the cost savings of using DROSRITE validate the transition out of old dross processing systems.

Adding to this PYR have 1. added the option of tolling to DROSRITE clients, 2. are planning to supplement their DROSRITE offering with a technology provider that can handle residues from the processing of dross, turning them into high-value specialty chemicals, and 3. eventually once the SPL (spent pot lining) residue project is completed, they will have the ability to transform SPL into lower carbon fuel & materials, further helping smelters eliminate hazardous waste.

This positions PYR as a comprehensive, turnkey environmental solution provider for the Aluminum industry that will both save them money and eliminate the hassles of having to deal with landfilling, while providing financial flexibility for those who prefer the tolling option. For PYR, not only does DROSRITE represents a very lucrative business line up front, it’s a great source of recurring revenue through spare parts.

With the momentum that DROSRITE and PYR’s business as a whole is having, it’s only a matter of time before Pyrogenesis’ establishes DROSRITE and their suite of environmental offerings as a dominant solution within the Aluminum industry.


 

<< Previous
Bullboard Posts
Next >>