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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 dave219on May 23, 2022 4:20pm
378 Views
Post# 34702393

100kgs of Titanium powder ordered from PyroGenesis

100kgs of Titanium powder ordered from PyroGenesis

100kgs of Titanium powder ordered from PyroGenesis

Under a mutually exclusive partnership agreement with Aubert & Duval


PyroGenesis Canada Inc., a high-tech company that designs, develops, manufactures, and commercializes advanced plasma processes, high-quality plasma atomized metal powder for 3D printing, and sustainable solutions which are geared to reduce greenhouse gases, has received and completed a significant commercial order for 100kgs worth of Titanium powders under its mutually exclusive partnership agreement with Aubert & Duval.

Aubert & Duval, a subsidiary of Eramet group, is a world leader in industrializing high-performance steel, superalloy, aluminum, and titanium alloys. More specifically, they are a supplier of metal powders for additive manufacturing, serving the aerospace, energy, transport, medical, defense, automotive, and other large-scale, markets.

The agreement outlines a strategy between the parties to supply plasma atomized titanium powder, on a mutually exclusive basis, to the additive manufacturing market in Europe.

This commercial batch of powder was produced at PyroGenesis’ state-of-the-art production facility in Montreal and was produced using the Company’s NexGen plasma atomization system, which is currently fully operational.

“We are thrilled to be fulfilling this commercial order, especially given the fact that it came via our partner Aubert & Duval,” said Mr. Massimo Dattilo, VP of PyroGenesis Additive. “According to Grand View Research, the global 3D printing market was valued at USD 13.84 billion in 2021 and is expected to grow at a compound annual growth rate of 20.8% from 2022 to 2030. Given the sheer size of this market and our unique manufacturing process, we believe we are well-positioned to capture a significant share of the overall titanium powder market. This order is both an important commercial milestone, as well as further validation of our process and ability to supply some of the highest quality powder produced to the AM industry using our NexGen plasma atomization process. We are making larger commercial batches now, not just sample batches, and additional batches are underway. For comparison, previous sample batches were a couple of hundred grams, whereas this production batch is 100kg. It’s an exciting time.”

Powders Analysis - PyroGenesis Additive vs Competitor X
https://www.youtube.com/watch?v=r8-73YXQ2Y0&t=52s

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