0 A.D. (video game)

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

Retrieved on: 
Wednesday, April 24, 2024

The client, an overseas entity with manufacturing facilities on five continents, is one of the five largest companies of its kind.

Key Points: 
  • The client, an overseas entity with manufacturing facilities on five continents, is one of the five largest companies of its kind.
  • The project agreement outlines the initial steps for providing plasma-specific data and analysis in support of the client’s energy-transition goals.
  • “This agreement acknowledges the continued interest in our solutions by the iron and steel industry.
  • Plasma torches for use in process heating and industrial furnaces within manufacturing facilities is part of the Energy Transition & Emission Reduction tier, where fuel switching to the Company’s electric-powered plasma torches helps heavy industry reduce fossil fuel use and greenhouse gas emissions.

PyroGenesis Receives Exchange Approval for Block Sale of HPQ Silicon Inc. Shares

Retrieved on: 
Wednesday, April 17, 2024

The sale was conducted as of April 10, 2024, for an aggregate purchase price of $661,447.50, representing a per share price of $0.175.

Key Points: 
  • The sale was conducted as of April 10, 2024, for an aggregate purchase price of $661,447.50, representing a per share price of $0.175.
  • The transaction was previously approved unanimously by the board of directors of PyroGenesis, with Mr. Pascali abstaining.
  • The QRR project is an initiative to create high purity silicon from quartz in a single step using a plasma reactor.
  • This royalty stream can, at any time, be converted by PyroGenesis into a 50% ownership in HPQ’s remaining equity stake in HPQ Polvere.

PyroGenesis Contracts with Global Mining Supply Company to Examine Novel Use of Plasma in Decarbonization Process

Retrieved on: 
Wednesday, April 17, 2024

As the Company announced in its recent year-end earnings report, the Company had been in advanced discussions with the Client.

Key Points: 
  • As the Company announced in its recent year-end earnings report, the Company had been in advanced discussions with the Client.
  • The Client, a billion-dollar entity with facilities on five continents, is one of the world’s largest manufacturers of products that serve the mining and defense industries, amongst others.
  • PyroGenesis’ engineering team are confident that they will be able to propose a solution to this problem.
  • Such a system would include a PyroGenesis plasma torch as well as the accompanying manipulation/handling components.

PyroGenesis Announces Block Sale of HPQ Silicon Inc. Shares to its President and CEO

Retrieved on: 
Thursday, April 11, 2024

The transaction was approved unanimously by the board of directors of PyroGenesis with Mr. Pascali abstaining and will close immediately following receipt of regulatory approval.

Key Points: 
  • The transaction was approved unanimously by the board of directors of PyroGenesis with Mr. Pascali abstaining and will close immediately following receipt of regulatory approval.
  • “This sale will bring PyroGenesis an influx of cash on favourable terms,” said Andre Mainella, Chief Financial Officer of PyroGenesis.
  • For the FSR project, the Company benefits from a royalty payment representing 10% of HPQ Polvere’s eventual sales, with set minimums.
  • This royalty stream can, at any time, be converted by PyroGenesis into a 50% ownership in HPQ’s remaining equity stake in HPQ Polvere.

PyroGenesis Announces That Lab Strength Tests Achieve 45% Above Target for Green Cement Additive Product

Retrieved on: 
Thursday, April 11, 2024

This plasma-based process – a collaboration with Progressive Planet – explores the feasibility of converting widely available, high-grade, crystalline silica into amorphous silica.

Key Points: 
  • This plasma-based process – a collaboration with Progressive Planet – explores the feasibility of converting widely available, high-grade, crystalline silica into amorphous silica.
  • The resulting amorphous silica can be used to enhance the strength of concrete as a replacement for fly ash.
  • The average Strength Activity Index (SAI) result for the four 7-day strength tests for PozPyro was 108.75%, a 45% gain against the minimum target value.
  • PyroGenesis’ involvement in developing PozPyro from quartz is part of PyroGenesis’ three-tiered solution ecosystem that aligns with economic drivers that are key to global heavy industry.

PyroGenesis and Constellium Sign Letter of Intent for Large-Scale Plasma Remelting Furnaces

Retrieved on: 
Wednesday, April 10, 2024

PyroGenesis and Constellium have agreed to implement an industrial scale aluminum remelting furnace, which would serve Constellium’s decarbonization strategy.

Key Points: 
  • PyroGenesis and Constellium have agreed to implement an industrial scale aluminum remelting furnace, which would serve Constellium’s decarbonization strategy.
  • “PyroGenesis was proud to host and work with the scientific team from Constellium during this important test campaign over the last several quarters.
  • Constellium is one of the best examples of a global industry leader who is evaluating PyroGenesis’ electric plasma torches as a fuel-switching possibility.
  • Our technical experts, hand in hand with their PyroGenesis peers, were able to demonstrate the highly promising potential of plasma torch applications in our cast house furnaces.

Constellium and PyroGenesis partner to advance plasma burner technology in aluminium melting process

Retrieved on: 
Wednesday, April 10, 2024

A plasma torch operates by generating an electric arc that ionizes gas, creating a superheated plasma.

Key Points: 
  • A plasma torch operates by generating an electric arc that ionizes gas, creating a superheated plasma.
  • This plasma, with temperatures surpassing traditional methods, offers a faster, more efficient, and environmentally friendly alternative to traditional burners.
  • “As part of our decarbonization roadmap, Constellium has been evaluating various solutions to support the decarbonization efforts within our aluminium casthouses.
  • Constellium is one of the best examples of a global industry leader who is evaluating PyroGenesis’ electric plasma torches as a fuel-switching possibility.”

PyroGenesis Announces the Appointment of Paul Rajchgod to the Board of Directors

Retrieved on: 
Thursday, April 4, 2024

"It is very important to PyroGenesis that we have a board of directors comprised of highly qualified directors with experience that is complementary and diverse on one hand while also being relevant to the Company and its needs.

Key Points: 
  • "It is very important to PyroGenesis that we have a board of directors comprised of highly qualified directors with experience that is complementary and diverse on one hand while also being relevant to the Company and its needs.
  • Paul’s unique and proven skillset will enhance the board of directors’ effectiveness in overseeing the objectives and goals of the Company," said Mr. Alan Curleigh, PyroGenesis’ Chair.
  • "We are pleased to welcome Paul to PyroGenesis’ board of directors.
  • Ms. Rajchgod added, "I am delighted to join the PyroGenesis Board of Directors as the Company makes incredible strides in meeting the evolving technology needs of heavy industry.

PyroGenesis Announces Acquisition of Intellectual Property Rights Related to the PUREVAPᵀᴹ Nano Silicon Reactor and Nano-Silicon Development

Retrieved on: 
Tuesday, March 26, 2024

The PUREVAP™ NSiR is a proprietary process, originally designed and developed by PyroGenesis on behalf of HPQ Nano Silicon Powders Inc. (“HPQ Nano”), a wholly-owned subsidiary of HPQ Silicon, that can use different purities of silicon (Si) as feedstock to make a wide range of spherical silicon nano- and micro-powders and wires, for potential use across various applications including as a potential replacement metal in lithium-ion batteries.

Key Points: 
  • The PUREVAP™ NSiR is a proprietary process, originally designed and developed by PyroGenesis on behalf of HPQ Nano Silicon Powders Inc. (“HPQ Nano”), a wholly-owned subsidiary of HPQ Silicon, that can use different purities of silicon (Si) as feedstock to make a wide range of spherical silicon nano- and micro-powders and wires, for potential use across various applications including as a potential replacement metal in lithium-ion batteries.
  • Under the terms of a 2020 Development and Purchase Agreement between PyroGenesis and HPQ Nano, all rights in the PUREVAP NSiR process (including any intellectual property rights) were assigned to HPQ Nano on condition that should HPQ Nano choose not to commercialize the technology, PyroGenesis would have the option to have the ownership of this technology revert back to it at no additional cost.
  • “Nano silicon is still in its infancy, and so is the understanding of its usefulness.
  • Reacquiring the intellectual property related to the PUREVAP NSiR allows us to continue to explore the full spectrum of possibilities for this metal,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis.

PyroGenesis Announces $450K Contract for the Sale of a Plasma Torch/Furnace System for Advanced Green Cement Development

Retrieved on: 
Thursday, March 14, 2024

Funded in part by the U.S. Department of Energy (“DOE”), the name of the client will remain anonymous for confidentiality reasons.

Key Points: 
  • Funded in part by the U.S. Department of Energy (“DOE”), the name of the client will remain anonymous for confidentiality reasons.
  • This first contract with an expert in advanced structural cement development opens the door to future projects in the cement industry”, said Mr. P. Peter Pascali, CEO and President of PyroGenesis.
  • Under the terms of the contract, PyroGenesis will design and build a system tailored for lab-scale cement production applications.
  • The system will include a plasma torch, a refractory furnace, and the required gas, power, and cooling components and peripherals.