PyroGenesis Signs Additional Contract with Constellium to Advance Aluminum Furnace Electrification Using Plasma Torch Technology
PyroGenesis (OTCQX: PYRGF) has secured a new contract with Constellium to implement plasma torch technology in aluminum remelting furnaces, marking Phase 2 of their collaboration agreement from April 2024. The project aims to advance industrial-scale deployment of electrification in the aluminum sector.
The implementation phase includes installing PyroGenesis' proprietary plasma technology in a demonstrator furnace at a Constellium casthouse, with commissioning expected by Q1 2026. This initiative supports Constellium's decarbonization strategy and addresses the aluminum industry's need to reduce emissions by 24% by 2030 and 92% by 2050 compared to 2021 levels.
The project is particularly significant as global aluminum demand is projected to increase by 40% by 2030 and up to 80% by 2050, driven by growth in automotive, aerospace, and packaging sectors.
PyroGenesis (OTCQX: PYRGF) ha ottenuto un nuovo contratto con Constellium per l'implementazione della tecnologia a torcia al plasma nei forni di rifusione dell'alluminio, segnando la Fase 2 del loro accordo di collaborazione a partire da aprile 2024. Il progetto mira a promuovere l'adozione su scala industriale dell'elettrificazione nel settore dell'alluminio.
La fase di implementazione prevede l'installazione della tecnologia proprietaria a plasma di PyroGenesis in un forno dimostrativo presso uno stabilimento Constellium, con la messa in servizio prevista entro il primo trimestre del 2026. Questa iniziativa supporta la strategia di decarbonizzazione di Constellium e risponde alla necessità dell'industria dell'alluminio di ridurre le emissioni del 24% entro il 2030 e del 92% entro il 2050 rispetto ai livelli del 2021.
Il progetto è particolarmente rilevante dato che la domanda globale di alluminio è prevista in aumento del 40% entro il 2030 e fino all'80% entro il 2050, trainata dalla crescita nei settori automobilistico, aerospaziale e dell'imballaggio.
PyroGenesis (OTCQX: PYRGF) ha asegurado un nuevo contrato con Constellium para implementar tecnología de antorcha de plasma en hornos de refundición de aluminio, marcando la Fase 2 de su acuerdo de colaboración a partir de abril de 2024. El proyecto tiene como objetivo avanzar en el despliegue a escala industrial de la electrificación en el sector del aluminio.
La fase de implementación incluye la instalación de la tecnología de plasma propietaria de PyroGenesis en un horno demostrador en una fundición de Constellium, con puesta en marcha prevista para el primer trimestre de 2026. Esta iniciativa apoya la estrategia de descarbonización de Constellium y aborda la necesidad de la industria del aluminio de reducir las emisiones en un 24% para 2030 y un 92% para 2050 en comparación con los niveles de 2021.
El proyecto es especialmente significativo ya que se proyecta que la demanda mundial de aluminio aumente un 40% para 2030 y hasta un 80% para 2050, impulsada por el crecimiento en los sectores automotriz, aeroespacial y de embalaje.
PyroGenesis (OTCQX: PYRGF)는 2024년 4월부터 시작되는 협력 계약 2단계의 일환으로 Constellium과 알루미늄 재용해로에 플라즈마 토치 기술을 적용하는 새로운 계약을 체결했습니다. 이 프로젝트는 알루미늄 산업의 전기화 산업 규모 도입을 촉진하는 것을 목표로 합니다.
구현 단계는 Constellium 주조 공장에 PyroGenesis의 독자적인 플라즈마 기술을 시연용 용광로에 설치하는 것을 포함하며, 2026년 1분기까지 시운전이 예상됩니다. 이 이니셔티브는 Constellium의 탈탄소화 전략을 지원하며 2021년 대비 2030년까지 24%, 2050년까지 92%의 배출량 감축 필요성을 해결합니다.
이 프로젝트는 자동차, 항공우주, 포장 산업의 성장에 힘입어 2030년까지 전 세계 알루미늄 수요가 40%, 2050년까지 최대 80% 증가할 것으로 예상되어 특히 중요합니다.
PyroGenesis (OTCQX : PYRGF) a obtenu un nouveau contrat avec Constellium pour mettre en œuvre la technologie de torche plasma dans les fours de refonte de l'aluminium, marquant la phase 2 de leur accord de collaboration à partir d'avril 2024. Le projet vise à faire progresser le déploiement industriel de l'électrification dans le secteur de l'aluminium.
La phase de mise en œuvre comprend l'installation de la technologie plasma propriétaire de PyroGenesis dans un four démonstrateur dans une fonderie Constellium, avec une mise en service prévue au premier trimestre 2026. Cette initiative soutient la stratégie de décarbonation de Constellium et répond au besoin de l'industrie de l'aluminium de réduire les émissions de 24 % d'ici 2030 et de 92 % d'ici 2050 par rapport aux niveaux de 2021.
Le projet est particulièrement important car la demande mondiale d'aluminium devrait augmenter de 40 % d'ici 2030 et jusqu'à 80 % d'ici 2050, portée par la croissance des secteurs automobile, aérospatial et de l'emballage.
PyroGenesis (OTCQX: PYRGF) hat einen neuen Vertrag mit Constellium abgeschlossen, um Plasmabrenner-Technologie in Aluminium-Wiederaufschmelzöfen zu implementieren. Dies markiert Phase 2 ihrer Kooperationsvereinbarung ab April 2024. Das Projekt zielt darauf ab, die industrielle Einführung der Elektrifizierung im Aluminiumbereich voranzutreiben.
Die Implementierungsphase umfasst die Installation der firmeneigenen Plasmatechnologie von PyroGenesis in einem Demonstrationsofen bei einer Gießerei von Constellium, mit Inbetriebnahme voraussichtlich im ersten Quartal 2026. Diese Initiative unterstützt die Dekarbonisierungsstrategie von Constellium und adressiert den Bedarf der Aluminiumindustrie, die Emissionen im Vergleich zu 2021 um 24 % bis 2030 und 92 % bis 2050 zu senken.
Das Projekt ist besonders bedeutend, da die weltweite Aluminiumnachfrage bis 2030 um 40 % und bis 2050 um bis zu 80 % steigen soll, angetrieben durch Wachstum in den Bereichen Automobil, Luft- und Raumfahrt sowie Verpackung.
- None.
- Financial terms of the contract remain confidential, limiting assessment of economic impact
- Extended timeline with commissioning not expected until Q1 2026
- Technology still in demonstration phase, pending industrial-scale validation
Marks next phase of industrial-scale deployment for aluminum sector energy transition.
MONTREAL, Aug. 05, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announces that it has signed an additional contract with Constellium, one of the world’s largest aluminum transformation and recycling companies, for the purchase of plasma torch technology and related peripheral components to be implemented in an aluminum remelting furnace as part of a broader decarbonization effort. The financial terms of the contract will remain confidential. This contract marks the launch of Phase 2 of the project – industrial implementation – as part of the two companies’ collaboration agreement of April 2024. The collaborative agreement outlined Constellium’s stated plan to use PyroGenesis plasma torches and associated processes as potential replacement heating sources for aluminum remelting furnaces in Constellium’s aluminum cast houses.
PROJECT HIGHLIGHTS
Purpose: explore PyroGenesis’ all-electric plasma torches, among other alternative technologies, to implement cleaner, more sustainable methods for high-temperature industrial heating, reducing carbon emissions and enhancing energy efficiency in aluminum processing
Scope: integration of proprietary plasma technology in a demonstrator furnace at a Constellium casthouse
Timeline: commissioning expected by Q1 2026
Strategic Impact: supports Constellium’s roadmap to reduce GHG emissions
As previously reported (PyroGenesis’ April 10, 2024, news release), PyroGenesis and Constellium signed a letter of intent to implement a demonstrator plasma-heated furnace in one of Constellium’s casthouses, as part of their decarbonization strategy. The initial project was to be implemented in two phases, the first of which corresponded to an engineering and feasibility study. The second phase, aiming at industrial execution, has now begun with the signing of this plasma torch contract. This project phase is estimated to be completed by Q1 2026.
“The aluminum industry represents a significant growth area for PyroGenesis, supported by market leaders like Constellium – companies that are embracing innovation and responding positively to our engineering expertise and industry-leading technology,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “Streamlining energy use by electrifying more processes across industrial operations only makes sense when quality and economics remain intact, as is the case with PyroGenesis’ plasma torches. Constellium is demonstrating bold leadership in embracing cleaner, more efficient energy pathways. Together, we’re taking a major step toward electrifying an energy-intensive segment of aluminum manufacturing.”
“We are pleased to take this next step with PyroGenesis to advance the maturity of plasma torch technology for aluminum remelting,” said Ludovic Piquier, Senior VP, Manufacturing Excellence and Chief Technical Officer of Constellium. “This collaboration reflects our commitment to decarbonizing our operations through innovative, sustainable solutions.”
Image 1: reverberatory melting furnace in use at one of Constellium’s aluminum facilities.
INDUSTRY AND MARKET CONTEXT
- Primary aluminum production is an energy intensive process that is typically produced using electricity; secondary aluminum production, using recycled aluminum, requires
95% less energy to produce. i - According to Pathways to Decarbonization: A North American Aluminum Roadmap, aluminum production emissions must decline by
24% by 2030,63% by 2040, and92% by 2050 compared to 2021 levels to meet net-zero targets, highlighting the urgent need for cleaner technologies across both primary production and secondary remelting. ii - Aspects of secondary aluminum production that use fossil fuels (natural gas, etc.), such as the remelting of scrap metal, can potentially utilize alternative energy sources such as plasma.
- Global aluminum demand is projected to rise nearly
40% by 2030 and up to80% by 2050, driven by growth in automotive, aerospace, and packaging. iii iv - Plasma-based electrification offers a cleaner, scalable alternative to traditional fuel-based heating, aligning with energy transition and decarbonization mandates.
Image 2: secondary aluminum production from recycled metal uses up to
Image 3: growing aluminum demand across various industries shows aluminum demand expected to increase
PyroGenesis’ development of plasma torches for use in high temperature industrial furnaces is part of the Company’s three-tiered solution ecosystem that aligns with economic drivers that are key to global heavy industry. Plasma torches for aluminum melting furnaces are part of the Company’s Energy Transition & Emissions Reduction tier, where fuel switching utilizing the Company’s electric-powered plasma torches helps heavy industry reduce greenhouse gas emissions and fossil fuel use. The other tiers are Waste Remediation, and Commodity Security and Optimization.
About PyroGenesis Inc.
PyroGenesis, 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. PyroGenesis’ shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1).
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 PyroGenesis 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 PyroGenesis’ latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis’ profile on SEDAR+ at www.sedarplus.ca. These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. 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. PyroGenesis 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 BD
E-mail: ir@pyrogenesis.com
http://www.pyrogenesis.com
ii https://www.aluminum.org/Decarb
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cae86741-7f59-4f40-96db-f1876a82a6e9
https://www.globenewswire.com/NewsRoom/AttachmentNg/c43829b7-9b93-4022-b110-de9102d39f62
https://www.globenewswire.com/NewsRoom/AttachmentNg/3090f5b9-4977-47e1-9e6d-5b7c9313aaa1
FAQ
What is the new contract between PyroGenesis (PYRGF) and Constellium in 2025?
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