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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Cleveland Cliff NR GHG Plans - posted on Agoracom
View:
Post by Atomic1 on Feb 01, 2021 9:09am

Cleveland Cliff NR GHG Plans - posted on Agoracom

https://www.businesswire.com/news/home/20210128005322/en/

Here is a link to CC corporate website, where further detail can be found:

https://www.clevelandcliffs.com/English/corporate-responsibility/environmental-stewardship/producing-environmentally-friendly-iron-ore-pellets/default.aspx

Digging a little into it, the folowwing point are interesting:


"3. Cliffs continues to research and develop new indurating furnace burner technologies. In compliance with federal EPA regional haze emissions rules, new low-NOx burner technology is being installed in phases in our eligible indurating furnaces between 2017 and 2021, ultimately resulting in a 50% reduction in NOx emissions."

So they are indeed replacing their burners, on some furnaces.

Also, it is stated they are involve with making electricity production cleaner, which will be needed to fully take advantage of the plasma burners ghg rection potential.:

"
For example, Cliffs’ involvement in stabilizing the energy supply in Michigan’s Upper Peninsula facilitated the transition of the 350-megawatt coal-fueled Presque Isle Power Plant to new natural gas-generating stations with a combined output capacity of 183 megawatts. The transition, completed in Spring 2019, resulted in 95% reduction in nitrogen dioxide emissions, 99% reduction in sulfur dioxide and mercury emissions, and 45% reduction in particulate emissions.

Cliffs’ electrical power is supplied by sources that have achieved an 89% reduction in SO2 and NOx emissions compared with 2005. Our ongoing efforts are expected to deliver a 97% reduction in SO2 and NOx emissions associated with the electricity we purchase by 2021."

LInk to the press release:

https://www.businesswire.com/news/home/20210128005322/en/


Link to CC corporate website, where further detail can be found:

https://www.clevelandcliffs.com/English/corporate-responsibility/environmental-stewardship/producing-environmentally-friendly-iron-ore-pellets/default.aspx
Comment by Olderguy1 on Feb 01, 2021 10:16am
Perhaps the net reduction in green house gas (GHG) realized by installing PYR plasma torches is only minimal when the increase in GHG emitted by the power plant to generate the electricity required by the plasma torches is taken into consideration. Perhaps that is why Customers A,B,C have held off purchasing. Perhaps the economic case is not as good as we think.
Comment by Good4You on Feb 01, 2021 10:28am
Odg1. PERHAPS you should ask your PERHAPS questions directly to Peter on AGORACOM? PERHAPS :0)? Good4You
Comment by Aimdr on Feb 01, 2021 10:29am
Not true for Swedish clients.  Their electricity is almost all hydraulic and nuclear, with very low CO2 emissions.
Comment by Olderguy1 on Feb 01, 2021 10:59am
So, does anyone have any idea why the Sweds have not bought any more torches?
Comment by ArnoldLayne on Feb 01, 2021 11:12am
Great question Olderguy, this one you should ask Peter on agoracom. Thanxs for sharing his response here
Comment by rummager on Feb 01, 2021 11:33am
While looking for tech suppliers to the iron ore industry, I came across a Finnish company called Metso:Outotec. With 16000 employees they are a major supplier. I emailed them, and, their response is here: thank you for your interest. So far there is no iron ore pellet plant operating on plasma torches. I would also not be aware of larger scale industrial tests.   However with increased ...more  
Comment by Olderguy1 on Feb 01, 2021 11:47am
No indication that they are aware of PyroGenesis. More marketing required !
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