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Pyrogenesis Canada Inc(PYR-T)

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PyroGenesis Confirms Delivery of Plasma Torch to One of the World’s Largest Producers of Iron Ore for Use in Induration Furnace

Globe Newswire - Tue Jul 5, 2022

MONTREAL, July 05, 2022 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. ( (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), is pleased to announce today that, further to its press release dated February 8, 2022, it has completed the delivery of its 1-MW plasma torch to Client A (the “Client”), for use in the company’s iron ore pelletization system, a key upstream part of the steelmaking process. With all contracted components related to the Company’s plasma torch system now on site, next steps can proceed at the discretion of the client.


Provided Content: Content provided by Globe Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.