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PyroGenesis Canada signs 5 tonne order for titanium metal powders

 Trevor Abes Trevor Abes , The Market Online
0 Comments| May 30, 2023

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  • PyroGenesis Canada has received an order for 5 metric tonnes of its plasma-atomized titanium metal powders for 3D printing
  • The client is an advanced materials company in the United States
  • The Canadian government has identified titanium as a critical mineral
  • PyroGenesis Canada designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases
  • PyroGenesis Canada stock (TSX:PYR) last traded at $0.92 per share

PyroGenesis Canada has received an order for 5 metric tonnes of its plasma-atomized titanium metal powders for 3D printing.

The company has received a down payment for the order, which represents its first “by-the-tonne” commercial order for the powders using its NexGen plasma atomization process.

The client, an advanced materials company in the United States, has placed a provisional order for a further 6 tonnes contingent on market demand.

Shipping is expected in Q2 and Q3 2023.

PyroGenesis’ development of high-quality titanium metal powders is part of its three-tiered solution ecosystem aligning with key economic drivers to global heavy industry. The Canadian government has identified titanium as a critical mineral.

PyroGenesis designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases.

PyroGenesis Canada stock (TSX:PYR) last traded at $0.92 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.





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