PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQX:
PYRGF) (FRA: 8PY), a high-tech company (the “Company” or
“PyroGenesis”) that designs, develops, manufactures and
commercializes advanced plasma processes and sustainable solutions
which are geared to reduce greenhouse gases (GHG) and address
environmental pollutants, is pleased to announce that it has
received notice from its client, Progressive Planet, that the
results from a series of tests reveal “superb” compressive strength
for the PozPyro cement additive material produced by PyroGenesis’
proprietary plasma process – a result that indicates a major step
toward commercial feasibility. 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.
As indicated in Progressive Planet’s news
release of April 11, over the last month Progressive Planet
prepared four separate batches of cement mortar cubes to test,
under the American Society for Testing and Materials (“ASTM”)
testing protocol, at both 7 and 28 days for compressive strength,
for different particle sizes. 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.
“Mortar cubes need to possess 75% of the
strength of the control cube at 7 days to pass this ASTM test, so
we are delighted that the average strength was 108.75%,” stated
Steve Harpur, CEO of Progressive Planet.
The tests were conducted as a key milestone in
the PozPyro project which is geared to develop supplementary
cementing material (SCM) as an alternative to fly ash. The
expectation is that this SCM could then be used to partially
replace Portland Cement while at the same time be derived from
readily available materials which do not release CO2. The material
is produced using PyroGenesis’ plasma torch reactor to convert
quartz silica into a SCM.
“These results are impressive, and underscore
yet again the transformative nature of plasma in producing
materials, in both an economically and environmentally beneficial
manner, key to heavy industry”, said Mr. P. Peter Pascali,
President and CEO of PyroGenesis. “Our experience over the past few
years in developing new ways to use plasma to process silica quartz
into valuable end products continues to lead to a variety of unique
and interesting outputs, with PozPyro being the most recent
example. The cement industry is a major target for us, and we have
high expectations for the PozPyro green cement additive material we
have developed with Progressive Planet.”
Image: A zero-CO2, energy-efficient conversion of
crystalline quartz to amorphous silica through PyroGenesis’ plasma
torch process.
All four batches of mortar cubes will also
undergo 28-day SAI tests with the results being available sometime
after April 29, 2024.
As further stated in Progressive Planet’s news
release, concrete producers want SCMs that (i) increase the
compressive strength of their mix while (ii) lowering their carbon
footprint without sacrificing workability. The workability of
cement is measured by water demand. The water demand for PozPyro
was between 99% and 109% with the average water demand being
103.75%.
The smaller the water demand number, the better
the reading. A passing water demand number must be less than 115%
of the water demand of the control mix. As such, all four of the
test batches also passed the water demand test.
“It is uncommon to see SCMs exceed the 7-day
strength of the control Portland, so we are excited to see better
strength while concurrently possessing excellent water demand
numbers” said Steve Gurney, President of Progressive Planet.
Crystalline silica is one of the most abundant
materials in the earth’s crust and the ability to economically
convert it into amorphous silica would offer a new supply of
material to compensate for the diminishing supply of fly ash, as
coal fired power plants (which generate fly ash) are targeted for
shut down in Canada by 2030.
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. PozPyro is part of PyroGenesis’ Commodity
Security & Optimization tier, where the recovery of viable
metals and the optimization of production to increase output helps
to maximize raw materials and improve the availability of critical
minerals.
About PyroGenesis Canada
Inc.
PyroGenesis Canada Inc., a high-tech company, is
a proud leader in the design, development, manufacture and
commercialization of advanced plasma processes and sustainable
solutions which reduce greenhouse gases (GHG) and are economically
attractive alternatives to conventional “dirty” processes.
PyroGenesis has created proprietary, patented and advanced plasma
technologies that are being vetted and adopted by multiple
multibillion dollar industry leaders in four massive markets: iron
ore pelletization, aluminum, waste management, and additive
manufacturing. With a team of experienced engineers, scientists and
technicians working out of its Montreal office, and its 3,800 m2
and 2,940 m2 manufacturing facilities, PyroGenesis maintains its
competitive advantage by remaining at the forefront of technology
development and commercialization. The operations are ISO
9001:2015 and AS9100D certified, having been ISO certified since
1997. For more information, please visit: www.pyrogenesis.com.
About Progressive Planet
Progressive Planet is a CleanTech and
manufacturing company with proven product lines based
in Kamloops, British Columbia. The company’s expertise lies in
developing critical low-carbon and carbon sequestering solutions
using our owned mineral assets and recycled materials to create
planet-friendly products that fight climate change and protect our
planet's health.
Progressive Planet products are in 10,000+
retail stores across North America. Progressive Planet’s
innovations, created at their C-Quester™ Centre of Sustainable
Innovation, bring positive disruption to the cement, agricultural
and animal-care sectors.
Cautionary and Forward-Looking
Statements
This press release contains “forward-looking
information” and “forward-looking statements” (collectively,
“forward-looking statements”) within the meaning of applicable
securities laws. In some cases, but not necessarily in all cases,
forward-looking statements can be identified by the use of
forward-looking terminology such as “plans”, “targets”, “expects”
or “does not expect”, “is expected”, “an opportunity exists”, “is
positioned”, “estimates”, “intends”, “assumes”, “anticipates” or
“does not anticipate” or “believes”, or variations of such words
and phrases or state that certain actions, events or results “may”,
“could”, “would”, “might”, “will” or “will be taken”, “occur” or
“be achieved”. In addition, any statements that refer to
expectations, projections or other characterizations of future
events or circumstances contain forward-looking statements.
Forward-looking statements are not historical facts, nor guarantees
or assurances of future performance but instead represent
management’s current beliefs, expectations, estimates and
projections regarding future events and operating performance.
Forward-looking statements are necessarily based
on a number of opinions, assumptions and estimates that, while
considered reasonable by the Company as of the date of this
release, are subject to inherent uncertainties, risks and changes
in circumstances that may differ materially from those contemplated
by the forward-looking statements. Important factors that could
cause actual results to differ, possibly materially, from those
indicated by the forward-looking statements include, but are not
limited to, the risk factors identified under “Risk Factors” in the
Company’s latest annual information form, and in other periodic
filings that the Company has made and may make in the future with
the securities commissions or similar regulatory authorities, all
of which are available under the Company’s profile on SEDAR+ at
www.sedarplus.ca. These factors are not intended to represent a
complete list of the factors that could affect the Company.
However, such risk factors should be considered carefully. There
can be no assurance that such estimates and assumptions will prove
to be correct. You should not place undue reliance on
forward-looking statements, which speak only as of the date of this
release. The Company undertakes no obligation to publicly update or
revise any forward-looking statement, except as required by
applicable securities laws.
Neither the Toronto Stock Exchange, its
Regulation Services Provider (as that term is defined in the
policies of the Toronto Stock Exchange) nor the OTCQX Best Market
accepts responsibility for the adequacy or accuracy of this press
release.
For further information please contact: Rodayna
Kafal, Vice President, IR/Comms. and Strategic BDE-mail:
ir@pyrogenesis.com RELATED LINK: http://www.pyrogenesis.com/
A photo accompanying this announcement is available at:
https://www.pyrogenesis.com/wp-content/uploads/2024/04/pyrogenesis-quartz-to-amorphous-silica.png
Grafico Azioni PyroGenesis (TSX:PYR)
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Grafico Azioni PyroGenesis (TSX:PYR)
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