Re: PyroGenesis Announces $6 Million Torch Order with Another Major Iron Ore Pelletizer

A World leader in advanced plasma processes

Being commercialized in multiple applications around the world including plasma torches, Industrial 3D printing powders, aluminum & zinc dross recovery, waste management and defence - 4 US aircraft carriers

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analyst8

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Re: PyroGenesis Announces $6 Million Torch Order with Another Major Iron Ore Pelletizer

in response to

PyroGenesis Announces $6 Million Torch Order with Another Major Iron Ore Pelletizer

AGORACOM

posted on Sep 14, 2021 03:56PM

This is great news! Congrats to Peter and the rest of the team on signing this contract with a SECOND multi billion dollar iron ore producer. This is a great confirmation of where the industry is heading. With a new NPV value for each torch at $7M over 20 years .. we will have excellent recurring revenues from just one of the many divisions.