Regenx receives funding from the National Research Council of Canada Industrial Research Assistance Program

The company will use the funding for an R&D project to advance proprietary technology that extracts precious metals from end-of-life catalytic converters.

Regenx module one in tennessee
Module One in Regenx's Tennessee facility in partnership with Davis Recycling Inc.
Photo courtesy of Regenx Tech Corp.

Regenx Tech Corp. has announced that it is receiving advisory services and funding of up to CA$50,000 ($34,800) from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support a research and development project to advance Regenx’s proprietary technology that extracts precious metals from end-of-life catalytic converters. The research is being conducted by Regenx’s scientific team based in the Vancouver, British Columbia, area.

“We thank the NRC IRAP team, including their industrial technology advisor, for actively advising and giving valuable guidance through the whole process,” Regenx CEO Don Weatherbee says. “We believe this support will benefit our company, our stakeholders and for the economy of Canada.”

Regenx Tech recycles end-of-life diesel catalytic converters using its proprietary chemical and processing technologies to recover precious metals, such as platinum and palladium.

The Edmonton, Alberta-based company announced in late October 2023 that it had opened its first commercial production facility in Greeneville, Tennessee, in partnership with Davis Recycling Inc., a full-service catalytic converter and scrap metal buyer headquartered in Johnson City, Tennessee. Regenx operates Module One at the facility, which has a design capacity of 5,000 pounds per day, with plans to expand the facility with three additional modules, bringing the full plant capacity to 10 tons per day, according to Regenx’s website.

The company has targeted diesel silicon-carbide converters, which it describes as a niche sector with limited recycling options because of the efficiency issues smelters face when processing them. “Because of the new additives going into diesel catalytic converters, primarily silicon carbide, this was creating real processing issues for smelters,” former CEO and now Chairman Greg Pendura told Recycling Today when the Tennessee facility opened.