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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 > Fossil free steel using rolled pellets ? No furnaces !
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Post by Tcheck on Oct 17, 2021 2:12am

Fossil free steel using rolled pellets ? No furnaces !

Sweden’s SSAB AB, with operations from Alabama to Shanghai, partnered with utility Vattenfall AB and miner LKAB to produce the first fossil-free steel by substituting green hydrogen for coal. Deliveries of the clean metal started in August, with customers including Volvo Group, Mercedes-Benz AG and Cargotec Oyj of Finland.

 

It all starts at LKAB’s mines deep inside the Arctic Circle. The area has one of the richest iron ore deposits in the world, and the raw material has been extracted from there since the late 19th century. The stuff is mixed with additives and rolled into pellets about the size of a marble — but heavier — and then taken by electric train to Lulea, home to the hydrogen-powered Hybrit works.

this is nasty stuff.
better keep an ear to the ground
and watch your investment in pelletization tech


Using the World’s First Green Steel to Make a Dump Truck

Comment by developbc on Oct 17, 2021 5:33am
PYR CEO commented previously in this regard to similar question..which is downstream blast furnace where Pyrogenesis concentrates iron ore at the source : "There is absolutely nothing to be concerned about. The Kobe Steel/Vale/Mitsui venture is downstream from us. They are trying to improve/replace the blast furnace process to make steel from the pellets we provide. You see, we concentrate ...more  
Comment by developbc on Oct 17, 2021 6:00am
Plus we all know based on all the clear hints tidbits Client A is definitely Vale and Client B is most likely Rio Tinto.  Plus other multi billion dollar conglomerates in discussions with PyroGenesis. Very exciting times ahead  Long and strong PYROGENESIS 
Comment by sonjrkv19031147 on Oct 17, 2021 6:57pm
The article actually says differently to Peter: It all starts at LKAB’s mines deep inside the Arctic Circle. The area has one of the richest iron ore deposits in the world, and the raw material has been extracted from there since the late 19th century. The stuff is mixed with additives and rolled into pellets about the size of a marble — but heavier — and then taken by electric train to Lulea ...more  
Comment by developbc on Oct 17, 2021 7:49pm
Yes as the article states it is substituting the fuel source of 'coal' w hydrogen whereas Client A and B etc specically stated they are using bio diesel as their fuel source and modelled using electricity PYR plasma torch.  The article is not comprehensive as there are various critical stages of iron ore pelletization process and Peter's somewhat related comment was to emphasize ...more  
Comment by sonjrkv19031147 on Oct 18, 2021 8:17am
But I understand the situation in this way: PYR's technology offers to use electricity powered plasma torches instead of gas or oil for the iron ore pelletisation. The LKAB’s technology offers to use hydrogen instead of gas, oil, or coal (Sweden is rich with coal) for the pellets production. Since hydrogen is expensive these days, the PYR’s technology is preferred. But in 3-5 years from now ...more  
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