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Mineworx Technologies Ltd ( (TSE:RGX) ) has shared an update.
Regenx Tech Corp. has announced a delay in restarting operations at its new facility in Newport, Tennessee, due to pending air pollution control permits. Despite the setback, the company has made significant strides in improving operational efficiencies and capacity through process redesign and chemistry adjustments. Regenx has also submitted a grant proposal to the US Department of Energy, which, if approved, would provide a significant capital boost, aligning with government goals to enhance domestic production of critical materials.
More about Mineworx Technologies Ltd
Regenx Tech Corp. is a cleantech, urban mining company specializing in recycling end-of-life diesel catalytic converters. The company employs innovative and environmentally friendly proprietary technology to recover precious metals like platinum and palladium.
Average Trading Volume: 225,687
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.96M
For a thorough assessment of RGX stock, go to TipRanks’ Stock Analysis page.