CHAR Technologies Ltd.

Symbol: TSXV: YES OTCPK: CTRNF
Market Cap: Private
Sector: Clean Technology
Summary:
  • Owns a high temperature pyrolysis (HTP) technology that processes waste wood into both renewable natural gas (RNG) and a solid carbon neutral biocoal. The biocoal is currently being purchased and consumed by Dofasco (owned by one of the world’s leading steel and mining companies, ArcelorMittal) in its steel-making operation near Hamilton Ontario.  CHAR’s biocoal is a drop-in replacement for metallurgical coal in the steel-making process.
  • CHAR’s flagship Thorold facility is on schedule to be commercially operational in 2024 with the capacity to annually produce 500,000 gigajoules of RNG and 10,000 tonnes of biocarbon to generate revenues over $20M per year. There are three additional facilities in development through Ontario and Quebec.