This news was included in a special edition of the YES Express (issued earlier today) brings with it two exciting news items that can’t wait for the first of April:
CHAR Announces Milestone 1,000 Tonne Biocoal Order
March 17th, 2021 – CHAR is pleased to announce a purchase order from one of Canada’s largest steel producers for up to 1,000 tonnes of CHAR’s proprietary CleanFyre biocoal. This contract builds on CHAR’s previous successful pilot production run of 20 tonnes and is the next step in ongoing commercialization work. CleanFyre is a carbon-neutral, solid biofuel, made from various woody-biomasses and wood wastes, and provides a low greenhouse gas (“GHG”) emission biocoal substitute to integrate into existing steelmaking processes.
Andrew White, Chief Executive Officer states: “This milestone purchase order further demonstrates the opportunities to replace fossil coal with CleanFyre, CHAR’s carbon neutral, sustainable, solid biofuel that meets the strict requirements of the steelmaking industry. Our proprietary solutions provide innovative and progressive companies a significant advantage in reducing greenhouse gas emissions, while building on a circular economy. The 1,000-tonne contract equates to removing approximately 580 automobiles off the road for a full year. This is the first major step in capitalizing on a massive total available market (“TAM”) in the steel industry.”
Be sure to read the April YES Express for more information.
CHAR Annual General Meeting:
The Annual General Meeting of CHAR Shareholders will be held “Virtually” on Tuesday, March 30 at 10:00 AM. The meeting is open to anyone interested – you do not need to be a shareholder to attend. There will be formal business, a presentation and update on the business of CHAR, and there will be a great “keynote” speaker: Michael Hainsworth is an accomplished interviewer, veteran news reporter, and public speaker.
Michael has interviewed over 16,000 guests during his 18 years at Canada’s Business News Network and as Senior Anchor for 2.2 million viewers on the network and the CTV Evening News. He spent 11 years in radio playing a central role in 680 News reaching a milestone of one million listeners.
He is the Executive Producer and Editor at Large of Futurithmic, a documentary series and publication about the impact technology today will have on society in the future.
Please join us online:
Meeting ID: 815 6240 3043