PyroGenesis Inc T.PYR

New Press Release - PyroGenesis Signs Energy Transition Contract with Leading Global Steelmaker to Consider Plasma Use in Primary Steel Production

MONTREAL, April 24, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions...read article.

[BCONTVentures]

Excellent news! PYR is making some serious inroads with the steel industry. From the NR: "... is pleased to announce that it has signed a small contract with one of the five largest steelmakers in the world to assess the applicability of PyroGenesis’ fully electric plasma torches for use in the client’s manufacturing facilities as a primary heat source in the steelmaking process, specifically

[tamaracktop]

"to assess the applicability of PyroGenesis’ fully electric plasma torches for use in the client’s manufacturing facilities as a primary heat source in the steelmaking process " If the company says it's a small "contract", it's very small. No dollar amount disclosed "for confidentiality reasons ". Your CEO is spending a lot of time writing press releases

[EtheGreat]

Good Point 'BContV' note:  'for use in EAF - Electric Arc Furnace ' Herein Pyro's Plasma Tech is being considered as Complementary/ Supplementary Tech Strategy vs. EAF Stand Alone as Competing Strategy * there have been numerous SH posts regarding EAF as a death sentence for Plasma Torch Tech in Iron Ore / Steelmaking Industry ** could Vale's recent announcement

[Thinkbigsti69]

 Plasma Use in Primary Steel Production

[Thinkbigsti69]

PyroGenesis Signs Energy Transition Contract with Leading Global Steelmaker to Consider Plasma Use in Primary Steel Production      MONTREAL, April 24, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes

[Breizh01]

The anonumous game again ... 8 years of this cat and mouse .....