PyroGenesis Canada (PYR.TO) has signed a C$1.4 million contract to supply two plasma torches to a European research institute focused on non-ferrous metallurgy and high-purity materials.
PyroGenesis' plasma torch technology would help advance greener technologies in the critical mineral industry, the company said Wednesday.
Delivery to the client is expected in the second quarter of 2027 and a 60% downpayment is expected within the next few weeks, according to PyroGenesis.