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PyroGenesis Secures Payment from Saudi Contract
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PyroGenesis Secures Payment from Saudi Contract

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

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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.

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