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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology
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

PyroGenesis Inc > No secret clients for Rio Tinto
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Comment by tamaracktopon Jan 26, 2023 11:14am
237 Views
Post# 35247750

RE:No secret clients for Rio Tinto

RE:No secret clients for Rio TintoSeptember 14th, 2021:

"Client B has advised PyroGenesis that, upon the successful implementation of the torches announced today, the subsequent orders are expected to be for approximately 130 plasma torches. Notwithstanding this, there is no guarantee that such orders will be placed. The schedule to implement these future orders remains to be determined."

I'm wondering if "Client B" considers 16 months to take delivery of 4 torches "successful implementation"

16 months for a $6 million contract they haven't completed until recently or been paid for yet seems like a long time to me.
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