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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 > IOC said mid 2024
View:
Post by StairwayTo on Nov 10, 2023 1:00pm

IOC said mid 2024

Rio Tinto/IOC.
Plasma Burner Trial – Next Steps
 • Continue to collaborate with supplier on potential improvements on plasma burner operation, materials, and HMI
 • Demonstrate that plasma burners can supply sufficient energy without compromising quality or productivity on various pellet mineralogy
 • Gather data on long term maintenance/reliability of burners
 • Quantification of NOx emissions and evaluate potential mitigation strategies
 
Conclusion,
As iron ore producers, we must remain flexible to adapt to the evolving green steel future. The present pathway to decarbonize iron and steel making is through direct reduction which will drive high grade iron or demand. Arriving true net zero carbon steel will require zero emission iron ore. Substitution of combustibles in the induration process will be key to achieving IOC’s decarbonization goals. Plasma is seen as an option to support the evolution of carbon free iron ore pelletizing and will be evaluated into mid-2024.
Comment by BIGMOE on Nov 10, 2023 1:04pm
What's your point?  Please clarify.
Comment by StairwayTo on Nov 10, 2023 1:08pm
PYR is saying by end of this year but Rio said into mid 2024. Are they both talking about the SAT?
Comment by BIGMOE on Nov 10, 2023 1:13pm
Pyro talking about SAT to be completed in few weeks. Rio talking about operations and heating results.  That's expected, since new technology they are using to make steel.
Comment by StairwayTo on Nov 10, 2023 1:21pm
Rio is talking about evaluating plasma option into mid 2024. Isn't this the SAT. Anyway, we'll wait and find out, but you know what I think?
Comment by StairwayTo on Nov 10, 2023 1:28pm
Actually, we may never find out, just like Client A  and Client C
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