Sky Quarry applies for recycling permit to launch Utah facility

Sky Quarry (SKYQ) has filed a Waste Management Recycling Permit application to Utah regulators. If approved, the permit would allow the Company to operate a combined oil sands extraction and waste asphalt shingle recycling facility at its PR Spring site, unlocking new commercial pathways and expanding revenue-generating operations. The application is accompanied by a request to the School and Institutional Trust Lands Administration, the Utah state agency responsible for managing trust lands on behalf of public education, for approval of a combined permit structure. This would allow Sky Quarry and its wholly owned subsidiary, 2020 Resources, to consolidate shingle processing, heavy oil extraction, and asphaltic sand production under a unified sustainable waste energy development plan. If approved, the permit would open the door to several operational initiatives at the PR Spring site, including: Commercialization of approximately $1 million in asphaltic sand inventory. Deployment of the Company’s ECOSolv process to support on-site heavy oil extraction. Continued advancement of recycled product development through R&D.Demonstration of scalable remediation methods applicable across U.S. markets. Sky Quarry projects a combined recovery of approximately 10 million barrels over a 15-year period from oil sands and recycled shingles, based on the PR Spring facility’s operating capacity of 2,000 barrels per day.