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PyroGenesis Receives Final US$ 1.63 Million Payment Under Saudi Contract

PUBT·10/19/2026 11:11:38
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PyroGenesis Receives Final US$ 1.63 Million Payment Under Saudi Contract
  • PyroGenesis received $2.3 million on Oct. 19, 2026, under its existing Drosrite contract with Radian Oil and Gas Services.
  • The payment completes the contract, valued at more than $25 million, following an extended payment schedule.
  • The final four systems were operational at Radian’s new Saudi plant as of Oct. 15, 2026.
  • All seven contracted systems are now at the new facility, with combined processing capacity of 45,000 tonnes of aluminum dross annually.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PyroGenesis Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610190700PRIMZONEFULLFEED9847640) on October 19, 2026, and is solely responsible for the information contained therein.