PyroGenesis Canada Inc announced that it has signed two contracts with Aluminerie Alouette valued at $2.7 million.
The provider of advanced plasma processes said both contracts aim to recover and valorize residue streams from primary aluminum smelters.
“PyroGenesis’ technology and engineering capabilities will help re-use residues from aluminum production, including spent pot lining (SPL) and electrolytic bath, thus helping Aluminerie Alouette advance its decarbonization strategy,” PyroGenesis Canada CEO Peter Pascali said in a statement.
“These are the types of projects that underscore PyroGenesis’ strategy to position its processes to enable sustainable and environmentally responsible practices within the aluminum industry,” he added.
PyroGenesis noted that the first contract is to further advance its SPL valorization technology, while the second contract is geared to develop a new valorization solution for excess electrolytic bath.
It added that both projects have a commercial end goal with a strategy to market the solutions industry-wide in conjunction with Aluminerie Alouette.
The lining of the pots, which typically has an average lifespan of five years, will eventually fail from continuous use, causing the pot to be put out of service and the SPL is a solid residue that is classified as hazardous, according to the company.
PyroGenesis said its solution for SPL valorization seeks to use the company’s plasma arc thermal treatment plant to transform the carbonaceous and refractory materials contained in SPL into synthesis gas, as well as into aluminum fluoride, a key raw material that can be re-used by Aluminerie Alouette in its production process.
PyroGenesis contends that its alternative method should enable significant savings by reducing or eliminating existing costs associated with various steps of processing and management of SPL, as compared with the chemical treatment currently used.
PyroGenesis Canada is a high-tech company and is a leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases and are economically attractive alternatives to conventional processes.
Contact Sean at sean@proactiveinvestors.com