08:45 AM EDT, 09/02/2025 (MT Newswires) -- PyroGenesis ( PYRGF ) , which rose more than 5% from near 52 week lows last Friday, on Tuesday said it has signed a C$1.2 million contract with an unidentified European cement industry customer for the supply of a plasma torch system for a calcination furnace.

A statement noted the system will be delivered in the first quarter of next year.

"The cement industry faces a critical need to transition to lower-emission energy sources," said Peter Pascali, president and chief executive officer of PyroGenesis ( PYRGF ). "Transforming production methods and energy sources is not only a logical step for improving efficiency across operations, but also essential for meeting the cement industry's long-standing emission reduction and net-zero commitments."

PyroGenesis ( PYRGF ) closed up $0.015, to $0.305, on the Toronto Stock Exchange on Friday.