Edmonton, Alberta-based Regenx Tech Corp. has received an occupancy permit for its first United States facility in Greeneville, Tennessee. The permit will allow the commissioning of what Regenx's Module 1 to begin.
Regenx says the facility will deploy “a proprietary chemical and processing technology [that] offers a sustainable alternative to current smelter options for the recovery of platinum and palladium from recycled diesel catalytic converters.”
“What we’ve created is a technology that encompasses modern, urban mining, while promoting sustainability within a circular economy,” Regenx CEO Greg Pendura says. “We are excited about completing our commissioning phase and expanding into a four-module facility.”
The commissioning process includes the testing of all components and will start with processing smaller batches and gradually scaling up the technology in stages to its expected capacity of 2.5 metric tons per day. Regenx forecasts the commissioning phase will take up to 90 days to complete.
“After having the chance to tour the Regenx facility and meet with their senior management, I’m impressed and excited about the prospects of this operation," says Jeffrey Taylor, president and CEO of the Greene County [Tennessee] Partnership, the economic development arm of Greeneville County. "Both the city of Greeneville and the state of Tennessee have been partnering with Regenx to provide support and assistance in the growth of the company. Regenx’s clean technology fits with the type of development the County of Greeneville is trying to encourage to locate in the area.”
Regenx says its initial market focus is the extraction of platinum and palladium from diesel catalytic converters with its business partner Davis Recycling, Johnson City, Tennessee.
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