PyroGenesis Inc T.PYR

FYI

[HARJAY]

From  the CEO site 

@Newfie36 Was this posted previously? IOC labrador confirming ordering of 4 plasma torches for trials. Also mention Hydrogen. "In October 2021 Rio Tinto unveiled a longer term decarbonisation strategy that set a new target for its subsidiaries, including IOC, to reduce its Scope 1 and 2 carbon emissions by 50% by 2030, more than tripling its previous target, and is bringing REPORT TO SHAREHOLDERS 3 forward its target of 15% reduction in emissions to 2025 (previously 2030). Reduction targets are calculated using 2018 as a baseline. Rio Tinto is also focused on developing technologies such as hydrogen or plasma torches which can use renewable energy to potentially replace fossil fuels for heat and steam. Four plasma torches were ordered in 2021 for a trial at IOC’s pellet plant." https://labradorironore.com/site/assets/files/2992/liorc_-_pv_final.pdf

[poppagasket]

Thanks. looks like client B is Rio Tinto and Vale is Client A.

[AverageJoe]

Yes it does,  Having two of the 5 largest mining companies in the world for customers in itself is pretty exciting.  With about 80 BILLION in Revenue, they should be able to afford a few torches:) AJ

[developbc]

Definitely agree.  Plus Pyrogenesis has the patents in this regard in this massive industry.  This is only one of 5 distinct divisions that are not co-dependant to each other.  The world is going green and PyroGenesis is very well strategically positioned to reap big time. The future looks incredible!! Long and strong PYROGENESIS!!