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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 sonjrkv19031147on Oct 19, 2021 12:13pm
327 Views
Post# 34022874

I must to repost my answer to developbc

I must to repost my answer to developbcI must repost my answer to developbc:
But I understand the situation in this way: PYR's technology offers to use electricity powered plasma torches instead of gas or oil for the iron ore palletization. The LKAB’s technology offers to use hydrogen instead of gas, oil, or coal (Sweden is rich with coal) for the pellets production. Since hydrogen is expensive these days, the PYR’s technology is preferred. But in 3-5 years from now, when hydrogen production expenses might decrease profoundly, the LKAB’s technology might become more valuable than the PYR’s one. I think that iron ore pellets producers are trying to solve the dilemma: to start with the PYR’s technology right now or wait 3-5 years and then use the LKAB’s technology. Probably, it is a reason of delays in signing contracts with PYR. As an investor in PYR since 2015 with more than 100K shares, I hope that the PYR’s technology will be the winner.  
Read this carefully:
https://ca.finance.yahoo.com/news/using-world-first-green-steel-040043991.html
I guess we should not be expecting a big torch contracts in the near future

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