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on St-Georges Eco-Mining Corp. (isin : CA85235Q1000)

EVSX Processes a First Batch of Batteries at its Ontario Processing Facility

Thorold, ON / ACCESSWIRE / July 23, 2024 / St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) has provided an operational update on its battery processing plant operated by its subsidiary EVSX Corp, located in Thorold, Ontario. After receiving two shipments of batteries last week, the facility processed a small volume of alkaline batteries and produced its first batch of black mass. Management expressed confidence in the equipment and process.

The final operational commissioning for the alkaline line is underway, with ongoing adjustments. CEO Enrico Di Cesare emphasized learning from experience and collaboration with partners. He reiterated the objective to improve recovery standards and transition to more sophisticated multi-chemistry lines, ultimately integrating end-of-life batteries with mineral resources and metallurgical technologies.

The Thorold facility, located at the Bioveld Complex in Niagara, has a processing capacity of 4,200 tons of alkaline batteries per year and achieves a high recycling efficiency rate of 87.7%. The plant will also collaborate with St-Georges Metallurgy (SXM) to transform black mass and develop agricultural fertilizer products.

R. E.

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