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PyroGenesis Signs Plasma-Based Contract With Leading Battery Recycler

MONTREAL, Dec. 11, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (TSX: ...

articlePyrogenesis Inc.December 11, 20255/company/pyrogenesis-canada-inc/news/pyrogenesis-signs-plasma-based-contract-with-leading-battery-recycler
PyroGenesis Signs Plasma-Based Contract With Leading Battery Recycler

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[{"type":"text","content":"PyroGenesis Signs Plasma-Based Contract With Leading Battery RecyclerProject will test the use of plasma in the recovery of critical minerals from end-of-life batteries\n\n\n\n MONTREAL, Dec. 11, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today the recent signing of a contract with a company engaged in large-scale battery recycling, for the testing of high-temperature plasma during the material recovery and new battery production process. The client is one of the largest of its kind in the world. The client’s name and the total value of the project are being withheld for competitive and confidentiality reasons.\n \n\n PROJECT HIGHLIGHTS\n \n\n\n Purpose\n \n : using plasma to replace fossil fuel heating during lithium-ion battery recycling.\n \n\n\n Scope\n \n : testing of PyroGenesis’ plasma technology for superheating materials as part of the process to recover certain cathode or anode materials from end-of-life batteries.\n \n\n\n Timeline\n \n : Q4 2025 to Q1 2026.\n \n\n\n Strategic Impact\n \n : supports end customer goals to achieve all-electric operations for a cleaner, more sustainable supply chain for reusable battery material, reducing the reliance on new mining activities, and providing a second life for EV batteries which, when retired, can have years of usable capacity left or be disassembled for material recovery. With the demand for lithium-ion batteries, especially for EVs, rapidly increasing, the volume of end-of-life lithium-ion batteries has the potential to reach 20,500 kilotons by 2040 from 900 kilotons in 2025, growing at an annual rate of 25%. This emphasizes the need for effective recycling and repurposing strategies.\n \n 1\n \n\n\n As previously reported in the Outlook section of PyroGenesis’ 2\n \n nd\n \n quarter earnings report, PyroGenesis had been in negotiations with a North American battery material recycler. The contract announced today is for a testing program to examine how plasma can be used in the recovery of cathode and anode materials from end-of-life lithium batteries.\n \n\n The client is among the world’s largest recyclers of batteries. ...

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