Urban Mining Platinum & Palladium: +90% Recovery via Regenx Clean Technology (Oct '23 Site Tour)

Описание: Urban Mining Platinum & Palladium: +90% Recovery via Regenx Clean Technology (10.8.23 Site Tour)

Regenx Tech Corp. (TSXV:RGX – OTCQB:RGXTF – FSE:YRS) is a precious metals recovery first-mover in the USA with near-term cashflow. Regenx has a joint-venture with “urban miner” Ben Davis of Davis Recycling in Johnson City, TN. The joint-venture is 55% Regenx and 45% Davis Recycling. Davis Recycling will be supplying Regenx with spent diesel catalytic converters (CC).

Regenx has proprietary clean technology which it is employing at its plant in Tennessee to recover platinum and palladium from used diesel CCs. Historically, smelting has been the dominate commercial method to recover Pd and Pt from used CCs. But smelters have a limited capacity, are environmentally hazardous and now refuse to accept diesel CCs due to the processing inefficiencies they create. This opens up a projected US$39.3 billion per year used diesel CC market by 2025.

Regenx is poised to capitalize on the massive opportunity in the used diesel CC market via its processing and supply chain competitive advantages. First, Regenx has, via its proprietary technology, an ability to precipitate Pt and Pd into concentrate and recover about 90% of the metals in an environmentally-friendly manner. Second, Regenx has an exclusive partnership with Davis Recycling which will provide more spent diesel CCs than the company will initially be able to process.

Regenx has just built its commercial plant in Greeneville, Tennessee after proving the effectiveness of its technology in Vancouver. The company is aiming to scale up to commercial production of eventually 10 tpd. Regenx is currently initiating module one of a four module build-out over the next year. Full commercial production from module one (2.5 tpd) is expected soon. First year free cashflow to Regenx should be over US$10mm after all four modules are up and running. After the first plant is up and running the company plans to expand its processing capacity at its initial plant and then build and operate multiple plants throughout North America. Regenx also has companies interested in becoming a licensee of the proprietary technology. This could provide significant royalty income to Regenx. Furthermore, Regenx is investigating how its business might generate carbon credits as yet an additional form of revenue.

https://www.regenx.tech/

Regenx is a 2023 MSE sponsor. Bill initially visited the Johnson City, TN pilot plant as well as Davis Recycling on June 1, 2022 and took a position in RGX during Q4 2022 at about C$.075/share cost basis. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. Full MSE disclaimer: https://www.miningstockeducation.com/...
#resourceinvesting #platinum #palladium