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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 Sidewindergoon Nov 22, 2023 9:47pm
162 Views
Post# 35749518

RE:RE:Here's an idea

RE:RE:Here's an ideaIt really is odd considering the Saudi company size and how long the delay has persisted. We know the four are built based on old NR'd (or employee?) loading dock pictures, but that was from ~Q1 2022. It would make sense to charge interest and storage fees, with the potential to waive interest charges upon the signing of a significant contract.

Maaden news in July 2021 mentioned the development of a dross treatment facility with an external partner and was subsequently theorized as Pyro's valorization partner. Thats now almost 2.5 years ago and valorization has been commercial ready for at least six months. Odds are there's significant contractual movement tied up in Saudi Arabia, and we hopefully see movement in the near future.
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