What part of Vales press releases confuses you?. Pyrogenesis has not responded but the teams of pumpers have. Unless VALE withdraws this press release and voids the 5 year gas contract which begins 2024 you have zero credibility and claiming otherwise is stock manipulation and duplicitous. This stock and company credibility is destroyed by the serious flood of false claims by pumpers and deafening silence of Pyrogenesis
Your claim that the President of Brazil will lead to thousands of plasma is simply false.
Stop acting as proxy press spokesman for the company unless the highly unikely chance you are employed by PYR and declare it
Of course Pyrogenesis could ask Vale to correct these and other press releases if this is all errors or are being misinterpreted by investors.
July 5 2022
Vale SA will use natural gas for all of its pellet plants by 2024, after reaching an agreement with Eneva SA and Companhia Maranhense de Gás for the supply of natural gas at its São Luís iron ore pellet plant in Brazil's Maranhão state starting that year, according to a July 2 statement.
Switching to natural gas at São Luís will reduce its greenhouse gas emissions by as much as 28% and eliminate the use of fuel oil in the furnace, lowering fuel costs.
July 1 2022
Vale secures natural gas supply for 100% of pelletizing ops
Brazilian miner Vale SA said on Friday it has signed a deal allowing it to secure natural gas supply for 100% of its pelletizing operations from 2024 as it looks to reduce carbon emissions.
According to a statement, the newly-announced deal will be focused on its Sao Luis pelletizing plant and includes natural gas supply from Eneva SA, which will be distributed by local firm Gasmar.
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Eneva said in a separate securities filing the contract will last for five years.
The deal is set to allow Vale’s Sao Luis plant to stop running on fuel oil when the supply starts in 2024, the mining company said, lowering costs and cutting the plant’s greenhouse gas emissions by 28%.
Vale also operates pelletizing units in Oman and in the Brazilian states of Espirito Santo and Minas Gerais.
