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St-Georges Platinum and Base Metals ( (TSE:SX) ) has shared an announcement.
St-Georges Eco-Mining Corp.’s subsidiary, EVSX Corp., has provided a corporate update on its battery processing operations in Thorold, Ontario. The company is focused on enhancing operational efficiency and scalability, having implemented significant upgrades to its multi-chemistry battery processing line. These improvements aim to reduce downtime and operating costs, with a tenfold increase in throughput achieved through new equipment and structural modifications. Despite challenges in attracting qualified talent, EVSX has secured a committed team and maintains strong partnerships, including a three-year battery supply contract with Call2Recycle. The plant is fully compliant with zoning and environmental regulations, and operations are set to ramp up with a full inventory ready for processing.
More about St-Georges Platinum and Base Metals
St-Georges Eco-Mining Corp. is a company involved in developing new technologies and holds a diversified portfolio of assets and patent-pending intellectual property across several subsidiaries. These include EVSX, a leading North American advanced battery processing and recycling initiative, St-Georges Metallurgy, Iceland Resources, H2SX, and various exploration projects in Quebec. The company focuses on battery processing, metallurgy, gold exploration, and innovative technologies for resource extraction.
Average Trading Volume: 213,523
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$17.11M
See more insights into SX stock on TipRanks’ Stock Analysis page.