Core Insights - CHAR Technologies Ltd. is progressing on schedule with the construction of its Thorold Renewable Energy Facility, aiming to complete the commercial biocarbon production line by year-end 2025, which will enable the company to advance towards renewable natural gas (RNG) production in 2026 [1][3] Construction Progress - Major components of the feedstock handling system are now in place, with the final installation of outdoor conveyors scheduled for October 2025, allowing continuous movement of wood waste biomass through the Facility [2] - Following the completion of the feedstock handling system, the first of two commercial High Temperature Pyrolysis (HTP) kilns will be transported for installation, completing the biocarbon production phase [2] Company Technology and Strategy - CHAR Technologies utilizes first-in-kind high temperature pyrolysis (HTP) technology to process unmerchantable wood and organic wastes, generating renewable energy revenue streams including RNG or green hydrogen and solid biocarbon [3] - The HTP technology aligns with the global green energy transition by diverting waste from landfills and generating sustainable clean energy to decarbonize heavy industry [4]