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PYROGENESIS INC - PYRGF STOCK NEWS

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PyroGenesis Canada Inc. is the global frontrunner in pioneering advanced plasma processes, offering engineering, manufacturing know-how, cutting-edge research, and turnkey process equipment to various industries, including defense, metallurgy, mining, and additive manufacturing.

With a dedicated team of engineers, scientists, and technicians stationed in Montreal and a state-of-the-art manufacturing facility, PyroGenesis retains its competitive edge by being at the vanguard of technology development and commercialization.

The company excels in providing innovative plasma torches, waste processes, high-temperature metallurgical processes, and engineering services worldwide. PyroGenesis is ISO 9001:2008 certified and has had ISO certification since 1997.

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PyroGenesis Canada Inc. has scheduled a conference call on May 15, 2024, to discuss its financial results for the first quarter of 2024 and provide updates on progress and developments. The Company specializes in advanced plasma processes and sustainable solutions to reduce greenhouse gases and address environmental pollutants.

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PyroGenesis announced that 28-day lab strength tests for their green cement additive product, PozPyro, achieved up to 99.56% above the compressive strength target. The product outperformed traditional alternatives like fly ash, showing superior strength and workability. By transforming quartz silica through a plasma-based process, PyroGenesis aims to offer a sustainable solution that reduces CO2 emissions in cement production. The results indicate the potential for PozPyro to revolutionize the cement industry by providing a more environmentally friendly and efficient alternative.

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PyroGenesis Canada Inc. announces a new contract to supply titanium metal powder to a Spanish aerospace entity for additive manufacturing. The agreement marks the launch of the company's European distribution strategy, following the end of a distribution agreement with Aubert & Duval. PyroGenesis' NexGen™ plasma atomization system produces high-quality titanium powder for various additive manufacturing applications, reducing costs and increasing direct sales to European clients.

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PyroGenesis Canada Inc. announces the receipt of two milestone payments totaling $970,000. The payments are for the sale of a plasma torch system to a U.S. to destroy harmful chemicals and the development of a high-powered plasma torch system for a U.S. aeronautics and defense entity. The Company's focus on plasma processes aligns with global economic drivers for waste remediation and emissions reduction.
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PyroGenesis signs a contract with a top global steelmaker to explore using plasma in steel production, aiming to reduce greenhouse gas emissions. The initial feasibility study will assess the applicability of PyroGenesis' electric plasma torches for the production of direct reduced iron, with the potential for further experimental validation. The agreement highlights the growing interest in sustainable solutions in heavy industries like steelmaking.
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PyroGenesis Canada Inc. announces a contract with a global mining supply company to explore the use of plasma technology in decarbonization processes. The agreement aims to test PyroGenesis' electric plasma torches in the Client's metal cast houses to potentially replace CO2-emitting burners. If successful, the Client may transition to a complete plasma torch-based system, generating significant revenues for PyroGenesis. The industry-wide initiative aligns with the Company's focus on reducing greenhouse gas emissions and supporting energy transition goals.
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PyroGenesis receives exchange approval for block sale of HPQ Silicon Inc. shares, generating $661,447.50 from the sale of 3,779,700 shares at $0.175 per share. The transaction, approved by the TSX, highlights PyroGenesis' strategic investments and continued collaboration with HPQ on long-term projects like the Fumed Silica Reactor and PUREVAPTM Quartz Reduction Reactor.
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PyroGenesis Canada Inc. announces positive results from 7-day tests on PozPyro cement additive material, showing superb compressive strength. The material is a potential replacement for fly ash in concrete, with a 45% gain in strength against the target value. The tests mark a significant step towards commercial feasibility, with further 28-day test results pending. Progressive Planet, the client, praises the results, highlighting the material's potential to enhance concrete strength while reducing carbon footprint. PyroGenesis' plasma-based process converts crystalline silica into amorphous silica, offering a sustainable solution for the cement industry.
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PyroGenesis Canada Inc. announces a block sale of shares in HPQ Silicon Inc. to its CEO, P. Peter Pascali, for $661,447.50, furthering their collaboration on long-term projects.
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PyroGenesis Canada Inc. signs a collaboration agreement with Constellium to develop plasma torches for aluminum remelting furnaces, following successful test trials. The project aims to support Constellium's decarbonization strategy and reduce greenhouse gas emissions.
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FAQ

What is the current stock price of PYROGENESIS (PYRGF)?

The current stock price of PYROGENESIS (PYRGF) is $0.3694 as of December 23, 2024.

What is the market cap of PYROGENESIS (PYRGF)?

The market cap of PYROGENESIS (PYRGF) is approximately 82.5M.

What is PyroGenesis Canada Inc. known for?

PyroGenesis Canada Inc. is renowned for being the leading global innovator in advanced plasma processes, providing engineering expertise, cutting-edge research, and turnkey process equipment to various industries.

Where is PyroGenesis based?

PyroGenesis is headquartered in Montreal, where it operates with a team of experienced engineers, scientists, and technicians, along with a 3,800 m2 manufacturing facility.

What industries does PyroGenesis cater to?

PyroGenesis serves a diverse range of industries, including defense, metallurgy, mining, additive manufacturing (3D printing), oil & gas, and environmental sectors.

What certifications does PyroGenesis hold?

PyroGenesis is ISO 9001:2008 certified and has maintained ISO certification since 1997, ensuring high-quality standards in its operations.

What are PyroGenesis' core competencies?

PyroGenesis specializes in providing cutting-edge plasma torches, waste processes, high-temperature metallurgical processes, and engineering services on a global scale.

What sets PyroGenesis apart from its competitors?

PyroGenesis distinguishes itself by staying at the forefront of technology development and commercialization, ensuring it maintains a competitive edge in the market.

What recent achievement has PyroGenesis announced?

PyroGenesis revealed its plan to convert annual royalty rights into ownership interest, showcasing its commitment to further expanding its capabilities and offerings.

How does PyroGenesis contribute to emission reduction?

PyroGenesis addresses emission reduction needs within various industries by providing advanced plasma processes and cutting-edge solutions tailored for a sustainable future.

What recent projects is PyroGenesis involved in?

PyroGenesis is part of the $1 billion Varennes Carbon Recycling Plant, showcasing its involvement in large-scale projects focused on environmental sustainability.

How does PyroGenesis maintain its competitive advantage?

PyroGenesis stays competitive by investing in technology development, remaining innovative in its offerings, and delivering top-notch engineering services to a global clientele.

PYROGENESIS INC

OTC:PYRGF

PYRGF Rankings

PYRGF Stock Data

82.53M
97.32M
44.15%
0.01%
0.08%
Specialty Industrial Machinery
Industrials
Link
United States of America
Montreal