Mining Stock Education
Regenx Tech Corp: Precious Metals Recovery First Mover with Near-term Cashflow says CEO Greg Pendura
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:22:33
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Sinopsis
Regenx Tech Corp. is a precious metals recovery first mover in the USA with near-term cashflow explains CEO Greg Pendura and President of US Operations Rick Purdy. Regenx has proprietary clean technology which it is employing at its plant in Johnson City, TN to recover platinum and palladium from used diesel catalytic converters (CC). 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