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.

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PyroGenesis Inc > PyroGenesis Confirms Successful Site Acceptance Testing

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Comment by Thinkbigsti69on Apr 25, 2022 8:26am

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Post# 34628307

RE:RE:PyroGenesis Confirms Successful Site Acceptance Testing

Reccuring revenue is what is so great about this NR.

BCONTVentures wrote: Fantastic news! Great work Peter and Team at PyroGenesis!

From the news release (NR): “The fact that we have a salt-free dross recovery system in use for the first time at a primary aluminum producer further validates our DROSRITE™ technology, and opens the door for further expansion,” added Mr. Pascali. “In fact, we are gaining significant attention within the industry, and we are receiving additional inquiries from other primary aluminum producers in the Gulf region as a result of this achievement.”

From the Drosrite International LLC NR: The Company is also pleased to announce that the remaining four systems have already been manufactured and have successfully passed factory acceptance testing. Drosrite International is currently awaiting final shipment to the Smelter’s facility. (4 more systems to be shipped). Also from the NR: "In addition, the commissioning of these systems generates recurring revenue, from ongoing maintenance and spare parts. With these first three systems now fully operational, we look forward to installing the remaining four DROSRITE™ systems for these clients.”

Long and Strong in PyroGenesis!

Betteryear2 wrote:
MONTREAL, April 25, 2022 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), is pleased to confirm that, further to Drosrite International LLC’s press release earlier today, the Company’s DROSRITE™ dross recovery technology has been successfully commissioned at Ma’aden Aluminum (the “Smelter” or “End-User”), a joint venture with Alcoa, and one of the world’s largest primary aluminum producers with 2021 revenue in excess of US $7billion.

PyroGenesis Confirms Successful Site Acceptance Testing of Three Drosrite™ Systems in Operation