PyroGenesis Signs Initial Energy Transition Contract with One of the Largest Multinational Steel Manufacturers

MONTREAL, Nov. 19, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, announces that it has signed a contract with one of the three largest steelmakers in the world to assess the applicability of PyroGenesis’ fully electric plasma torches for use in part of the customer’s electric arc furnace (EAF) steelmaking and casting process. The client has previously been referred to as Client C and is one of the world’s largest companies in both steelmaking and iron ore pelletization. The client’s name shall remain anonymous for competitive and confidentiality reasons.