on St-Georges Eco-Mining Corp. (isin : CA85235Q1000)
EVSX Enters New Three-Year Battery Supply Agreement
St-Georges Eco-Mining Corp., through its subsidiary EVSX Corp., announced a significant three-year battery supply agreement with Call2Recycle Canada Inc. This new agreement, effective as of March 12, 2025, promises a substantial increase in battery recycling volumes and an expansion to cover nearly all available battery chemistries.
Located in Thorold, Ontario, EVSX's facilities boast a state-of-the-art, multi-chemistry processing line designed to handle 12,500 tonnes of batteries annually. This development enhances Ontario's capacity for processing end-of-life batteries. Ian C. Peres, President & CEO of EVSX, expressed enthusiasm about the collaboration aimed at boosting battery collection across North America.
The revenue structure under this agreement varies depending on the battery chemistry, with specific financial details remaining confidential. The multi-chemistry line enables the recycling of various battery types without generating landfill waste, aligning with environmental sustainability goals.
R. P.
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