PyroGenesis Confirms Successful Primary Test Campaign with Leading Battery Recycler
MONTREAL, Feb. 26, 2026 (GLOBE NEWSWIRE) — PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today the successful results of a primary testing campaign with a leading battery recycler.
As announced previously (press release dated December 11, 2025), PyroGenesis signed a contract with a company engaged in large-scale battery recycling, to test PyroGenesis’ high-temperature plasma as part of the client’s material recovery and new battery production process. The client’s extensive research and development has proven the recovery potential of key minerals (such as nickel, cobalt, copper, and various oxides such as lithium) from batteries. Additionally, it was stated that the testing agreement had a timeline target of Q4 2025 to Q1 2026. With today’s announcement, PyroGenesis confirms the success of the primary testing phase.
Separately, material samples from the tests were shipped to the client’s facility to confirm various performance, yield, and chemistry measurements.
The recent tests were witnessed by a team of client engineers at PyroGenesis’ facilities. These tests confirmed the anticipated outcomes from using plasma in their specific application.
Given the above, there may be a subsequent testing phase required which, if needed, would be expected to occur before the end of Q2 2026. The client’s ultimate goal would be to purchase an initial 1 MW plasma torch system, followed by a subsequent purchase of 5 x 1 MW plasma torch systems or 1 x 5 MW plasma torch systems. The client has indicated a potential need for multiple 5 MW plasma torch systems. Despite the news announced today, there is no certainty as to if, and when, further tests may be required, nor if any future plasma torch systems would ever be purchased.
PROJECT HIGHLIGHTS
Purpose: using plasma to replace fossil fuel heating during lithium-ion battery recycling.
Scope: confirmation after primary testing that PyroGenesis’ plasma technology for superheating materials as part of the process to recover cathode or anode materials from batteries, is a viable option. Subsequent testing may occur towards scaling up to the potential purchase of (i) an initial 1 MW plasma torch system, followed by (ii) five 1 MW plasma systems or one 5 MW plasma torch system.
Timeline: additional testing and go/no-go decisions toward scale-up to be completed by end of Q2 2026.
Strategic Impact: supports end customer goals to achieve all-electric operations, to increase competitiveness against overseas manufacturers; for a cleaner, more sustainable supply chain for reusable battery material, reducing the reliance on new mining activities; and to provide a second life for batteries which, when retired, can have years of usable capacity left or be disassembled for material recovery. With the demand for lithium-ion batteries rapidly increasing, the volume of end-of-life lithium-ion batteries is expected to reach 20.5 million tons by 2040 from 900 thousand tons in 2025, growing at an annual rate of 25%. This emphasizes the need for effective recycling and repurposing strategies.1
Mr. P. Peter Pascali, President and CEO of PyroGenesis, said:
As global electrification accelerates and the first major wave of large lithium-ion batteries approaches retirement, the test results we announced today confirm that plasma may be a valuable component in the manufacturing lifecycle as the focus shifts from battery production to complete battery lifecycle management,
“The long-term sustainability and economics of the battery sector will increasingly depend on scalable, closed-loop recovery systems, capable of repurposing high-value minerals into new battery manufacturing. By deploying advanced technologies that include PyroGenesis’ proven electric-based plasma torch systems, companies like our client are helping transform end-of-life batteries from a waste challenge into a strategic resource. In doing so, they enable battery manufacturers to reduce exposure to commodity price volatility and supply chain constraints for critical minerals, while simultaneously (i) lowering emissions, (ii) improving operational efficiency, and (iii) strengthening supply security. These results are an important first step in confirming the broad-based impact that switching to plasma can have on this industry challenge.”
READ the latest Batteries News shaping the battery market
PyroGenesis Confirms Successful Primary Test Campaign with Leading Battery Recycler, source
