tiprankstipranks
Company Announcements

PyroGenesis Secures Payment from Saudi Contract

Story Highlights
PyroGenesis Secures Payment from Saudi Contract

PyroGenesis Canada (TSE:PYR) has released an update.

Discover the Best Stocks and Maximize Your Portfolio:

PyroGenesis Canada has received a significant $2.8 million payment from its Saudi client, Radian Oil and Gas Services, as part of an ongoing $25 million contract for aluminum dross recovery systems. This payment highlights the trust and collaboration between PyroGenesis and its client amidst expanding business opportunities in a financially robust region. The contract involves the delivery of advanced Drosrite systems to one of the world’s largest aluminum complexes in Saudi Arabia.

For further insights into TSE:PYR stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1