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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 Exbomertrainairon Oct 06, 2021 11:41pm
242 Views
Post# 33978463

RE:Torch delivery?

RE:Torch delivery?
bart10 wrote: Anyone know if there have been torch deliveries?


1.  https://www.globenewswire.com/news-release/2021/08/17/2282192/0/en/PyroGenesis-Announces-1-2MM-Plasma-Torch-Contract.html  [two Air Plasma Torch systems]

2. https://www.globenewswire.com/news-release/2021/09/14/2297042/0/en/PyroGenesis-Announces-6-Million-Torch-Order-with-Another-Major-Iron-Ore-Pelletizer.html  [four Torches]
 
3.  https://ca.paidpromotionalmessages.com/companies/news/934954/pyrogenesis-canada-to-supply-plasma-torch-for-18m-with-major-iron-ore-producer-934954.html   [one torch]


It's interesting because if the deliveries are done, it means delivery capability is there. Each order is "test", and expensive "test mind you because of the cost, but a test nonetheless.  Test succeeds... well, that's good. Three major companies have done the DD, risked capital, and operationally testing the product. If it works, it works "big", for three customers. 


This does not count the one that asked for a quote for 36 torches back in June.


Anyway, time will tell. Three companies are spending money, big money, to test out the product in their operations. Either it works, or it doesn't.
If it works, it works big. 



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