PyroGenesis Canada (TSE:PYR) has released an update.
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PyroGenesis Canada Inc. has announced its plan to convert its royalty rights into a 50% ownership stake in HPQ Silica Polvere, a subsidiary of HPQ Silicon Inc. This move is expected to potentially increase the company’s benefits from HPQ Polvere’s success, particularly with the innovative Fumed Silica Reactor (FSR) project aimed at environmentally friendly fumed silica production. The agreement will strengthen PyroGenesis’ partnership with HPQ as they continue to collaborate on this and future initiatives.
For further insights into TSE:PYR stock, check out TipRanks’ Stock Analysis page.
