PyroGenesis Receives $2.3 Million Payment Under DrosRite Aluminum Dross Recovery Contract: Original Contract Fully Settled, Impairment Provision Reversed

2026-10-19

PyroGenesis announced that it has received a $2.3 million payment from Saudi Arabia's Radian, fully settling the existing DrosRite aluminum dross recovery contract worth over $25 million (seven systems, 45,000 tons of aluminum dross per year). The impairment provision has been reversed, and the company has signaled a new Middle East partnership to be announced soon. Capital interest in the metal recycling and resource recovery sector remains strong.

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PyroGenesis收到DrosRite铝渣回收合同230万美元回款：原合同全额结清、减值准备转回

PyroGenesis 宣布收到沙特 Radian 公司 230 万美元回款，现有 2500 万+美元 DrosRite 铝渣回收合同（7 套系统、年处理 4.5 万吨铝渣）就此全额结清，减值准备转回，并预告近期将在中东宣布新合作。金属回收/资源化赛道的资本热度持续。

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