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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Comment by BCONTVentureson May 06, 2023 7:26am
295 Views
Post# 35434411

RE:Rio Tinto/IOC is Client B

RE:Rio Tinto/IOC is Client BWorth a repost regarding Rio Tinto/IOC being Client B:

BCONTVentures wrote:

Some great posts from Stockhouse that validate that Rio Tinto/IOC is Client B for PyroGenesis' plasma torches for iron ore pelletizing. Many thanks to the numerous posters for their research and due diligence.

Keep in mind the recent news regarding N.L. Hydro crossing the finish line on work to commission the Labrador-Island Link (and this is very beneficial for Rio Tinto/IOC and PyroGenesis).
 

See this LinkedIn post (from Rio Tinto in Labrador City):

https://www.linkedin.com/feed/update/activity:7054614284458221568/

The IOC and Rio Tinto Plasma Burner trial in Labrador City is an excellent project, and I am proud to be involved. As Rio Tinto says; “Research and development are a key part of our race to decarbonise too. We’re trialling a plasma burner in one of our furnaces – the first of its kind, which could help us eliminate heavy fuel oil (bunker-C) from the pelletizing process.” These three very capable and experienced women Marina van Zyl Alana Earle and Erin Duffett are leading this project, a project that could change IOC and Rio Tinto and help transition the industry to green steel. #project #research #development #decarbonisation #curiosity #greensteel #change

Link to image: https://media.licdn.com/dms/image/D4D22AQF6TivDpWEgUg/feedshare-shrink_1280/0/1681950614523?e=1684972800&v=beta&t=QLilyImpKd47e-d9JL-M0dtYHssnxKmbhgdBNMwQA6Y

 

Rio Tinto/IOC Plasma Project: Look up Stephane Levesque, construction/materials manager Rio Tinto Labrador City, Newfoundland. Under Materials Manager "Materials Manager on Plasma Project-70 millions".

https://www.linkedin.com/in/stephane-levesque-8592a52a/?originalSubdomain=ca

Also Marina van Zyl, Project Manager Rio Tinto, "Plan and manage the execution of green initiative projects-Plasma technology in induration machines (pilot), 40MW Steam Boiler project to replace Bunker C (Heavy fuel). "

https://www.linkedin.com/in/marina-van-zyl-0aa66736/

More on Rio Tinto/IOC: Also note that Alexander Ings is a senior cost consultant at Turner and Townsend. From his LinkedIn profile, he has been working since May 2022 as: Project Controls Officer for a multi-million dollar pilot project in Lab City involving replacing IOC's fossil fuel burners with PyroGenesis’ proprietary plasma torches to reduce green house emissions.

https://www.linkedin.com/in/alexander-ings/

When you click on Alexander's LinkedIn profile ^^, he fully references PyroGenesis' plasma torches via this link: https://www.pyrogenesis.com/products-services/plasma-torches/

This is serious money that Rio Tinto/IOC is spending on this project involving PyroGenesis' plasma torches ($70 million alone on materials).

Also note:

Taken from the outlook section of Rio Tinto news release: The capital expenditures for 2023 at IOC are forecasted by IOC to be approximately $534 million. The 2023 forecast includes approximately $134 million of growth and development projects. Significant development capital expenditure projects scheduled for 2023 include the redesign of Mill 11 Fine Circuit, the new outgo track at Sept-les referred to above, and the replacement of existing heavy fuel oil steam capacity with an electric boiler to reduce carbon emissions. Significant sustaining capital expenditure projects include the rebuild of induration machine #3 at the pellet plant and the track replacement program on the QNS&L.

IOC's operator, Rio Tinto, is committed to reaching net zero emissions by 2050 and is targeting a 15% reduction in Scope 1 & 2 emissions by 2025 (from a 2018 baseline) and a 50% reduction by 2030. Approximately 75% of IOC's current GHG emissions come from pelletizing. In the shorter term, IOC is looking at ways to electrify its sources of heat to reduce emissions. This includes the introduction of the new electric boiler referred to above and the commencement of the pilot project to test the use of four new plasma torches in the pellet plant.

Also note employee Troy Mclean, Control Room Operator Trainer/Senior Process Advisor at North Star Associates NSAi and his work at Labrador City, NL:

https://www.linkedin.com/in/troy-mclean-07a818111/?originalSubdomain=ca

From LinkedIn (note the bottom item involving plasma torches):

Commissioned remote operations of the Pellet Plant control room in 2020.
Advising in Advanced Process Control of the AG Mill circuit in the Concentrator to improve throughput and quality control.
Currently rewriting all PP and concentrator training documentation to 2023 plant operations
Updating, rewriting and introducing new training material for Concentrator and Pellet Plant operations.

Providing guidance to automation projects
Providing graphic design layout for new control room screens for the Schneider Electric HMI operating system in the Concentrator and Pellet Plant.
Leading training for the new and current employees in Concentrator operation.
Leading training, testing and qualifying Central Control Room learners for Pellet Plant and Concentrator.

Commissioned remote operations of the Concentrator control room in 2019.
Current pilot/commissioning/ progressing projects include Plasma guns for pellet induration machines, reflux classifiers for increased fine spiral recovery and automated sequencing of plant equipment processes.

And from @cargo:

@cargo Once again 250MW of eletrical power is mentioned for IOC:) Not sure when they started this project but by the looks of it is is 100% happening:) https://ca.indeed.com/q-ioc-mine-l-labrador-city,-nl-jobs.html?vjk=17c64f472fa845ce&advn=662411177827594


Long and Strong in PyroGenesis!



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