Mining Stock Education
Urban Miner Ben Davis Begins Supplying Platinum & Palladium to Clean-Tech First-Mover Regenx
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:28:36
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Sinopsis
Regenx Tech Corp. 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 abili