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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 > Quebec devoile sa strategie pour verdir l’aluminium
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Post by ScienceFirst on Nov 16, 2021 3:33pm

Quebec devoile sa strategie pour verdir l’aluminium

This is the news that was awaited yesterday with the minister of Economic Development.

It is not a one-timer news only linked to Rio Tinto.  It is even better than this for PYR as it puts the focus on investing in technologies to reduce GHG and reduce environmental footprints. 

So this bodes extremely well for PYR AI division and its 5 types of offerings.


475 millions sur trois ans | Quebec devoile sa strategie pour verdir l’aluminium


Qubec va investir prs de 475 millions de dollars sur trois ans pour aider l’industrie de l’aluminium devenir plus efficace et rduire son empreinte environnementale.


Publi le 16 novembre 2021 15h22

Le gouvernement a dvoil la Stratgie qubcoise de l’aluminium (SQDA) 2021-2024, mardi, Saguenay. On estime que le plan amnera des investissements totaux de prs de 2,5 milliards dans l’industrie.

Il ne faut pas s’attendre une augmentation de la capacit de production, prvient le ministre de l’conomie et de l’Innovation, Pierre Fitzgibbon, en entrevue. En ce moment, il croit qu’il vaut mieux stimuler les investissements technologiques « pour faire plus de volume avec les mmes quipements ».

« On ne verra pas beaucoup de nouvelle capacit, prvoit-il. On l’a vu avec les Chinois qui ont rduit leur production, ce qui a fait en sorte que a l’a augment le prix de la commodit. »
 

Le gouvernement veut aussi encourager les activits de transformation au Qubec et les exportations. « Plus on va convertir l’aluminium au Qubec, plus on va crer de la richesse pour la socit. »

4,7 millions de tonnes de CO2

L’industrie de l’aluminium qubcoise a la fois la particularit d’tre beaucoup plus verte qu’ailleurs, mais elle demeure un important contributeur de gaz effet de serre (GES) de la province.

En 2018, la production d’aluminium tait le procd industriel qui mettait le plus de gaz effet de serre dans la province 4,7 millions de tonnes en quivalent dioxyde de carbone, selon le plus rcent Inventaire qubcois des missions de gaz effet de serre.

Grce l’hydrolectricit, l’industrie a une empreinte carbone infrieure aux concurrents internationaux.

Au Qubec, la production d’une tonne d’aluminium met l’quivalent de deux tonnes de GES. En Europe, ce ratio est de 16 tonnes tandis qu’il est de 30 tonnes en Chine.

La stratgie gouvernementale veut aider les alumineries verdir leurs activits, grce l’hydrolectricit et aux investissements dans la technologie.

Comment by Thinkbigsti69 on Nov 16, 2021 3:35pm
 https://www.quebec.ca/nouvelles/actualites/details/strategie-quebecoise-de-developpement-de-laluminium-2021-2024-investissements-de-475-m-pour-renforcer-la-competitivite-de-lindustrie-de-laluminium-36174
Comment by bart10 on Nov 16, 2021 3:41pm
Been waiting all day for this one. Key part:  En outre, les entreprises pourront bnficier d'interventions financires values 250 millions de dollars provenant du Fonds du dveloppement conomique. Investissement Qubec prvoit pour sa part investir 150 millions de dollars mme ses fonds propres pour soutenir la concrtisation de projets. OK folks, just sit back and enjoy the ...more  
Comment by ScienceFirst on Nov 16, 2021 4:08pm
Money will be at the rendez-vous for PYR's Aluminum division with its 5 offerings.   In addition, businesses will be able to benefit from financial interventions valued at $ 250 million from the Economic Development Fund. Investissement Quebec plans to invest $ 150 million from its own funds to support the realization of projects.
Comment by ScienceFirst on Nov 16, 2021 4:15pm
PYR hs 5 offerings in one of Quebec biggest industry; aluminum Only shorts can try to make you believe PYR's stock price is going nowhere. Stratgie qubcoise de dveloppement de l’aluminium 2021-2024 
Comment by BCONTVentures on Nov 16, 2021 5:14pm
Also note that PyroGenesis recently joined the Aluminium Support Initiative (ASI) as a General Supporter member: https://aluminium-stewardship.org/asi-welcomes-pyrogenesis-canada-inc-as-new-general-supporter-member/ ASI is pleased to announce that PyroGenesis Canada Inc. has joined as a new General Supporter member, bringing the total number of ASI Members to 199. Kudos to Peter and Team at ...more  
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