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EVSX Announces Completion of Battery Recycling Line Commissioning & Leadership Appointment

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St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) announces successful completion of its initial 4,200-ton-per-year battery processing line commissioning at EVSX Corp, achieving over 85% recycling efficiency for alkaline and zinc-carbon batteries. The company is installing an additional 10,000-ton-per-year line at its Thorold, Ontario facility, with two more such lines ready for deployment. The strategic location serves major automotive clusters including Detroit. Ian C. Peres has been appointed as CEO of EVSX Corp, while Enrico Di Cesare transitions to President and CTO. The processing lines are highly automated, capable of handling multiple battery types, and produce recyclable materials including battery metals, plastics, and aluminum.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) annuncia il completamento con successo della sua linea di trattamento delle batterie da 4.200 tonnellate all'anno presso EVSX Corp, raggiungendo un'efficienza di riciclaggio superiore all'85% per batterie alcaline e zinco-carbonio. L'azienda sta installando un'ulteriore linea da 10.000 tonnellate all'anno presso il suo stabilimento di Thorold, Ontario, con altre due linee simili pronte per essere messe in funzione. La posizione strategica serve importanti cluster automobilistici, tra cui Detroit. Ian C. Peres è stato nominato CEO di EVSX Corp, mentre Enrico Di Cesare passa a ricoprire il ruolo di Presidente e CTO. Le linee di lavorazione sono altamente automatizzate, in grado di gestire diversi tipi di batterie e producono materiali riciclabili, tra cui metalli delle batterie, plastica e alluminio.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) anuncia la finalización exitosa de su línea de procesamiento de baterías de 4,200 toneladas por año en EVSX Corp, alcanzando una eficiencia de reciclaje superior al 85% para baterías alcalinas y de zinc-carbono. La empresa está instalando una línea adicional de 10,000 toneladas por año en su instalación de Thorold, Ontario, con dos líneas más listas para su implementación. La ubicación estratégica sirve a importantes clústeres automotrices, incluyendo Detroit. Ian C. Peres ha sido nombrado CEO de EVSX Corp, mientras que Enrico Di Cesare pasa a ser Presidente y CTO. Las líneas de procesamiento son altamente automatizadas, capaces de manejar múltiples tipos de baterías, y producen materiales reciclables, incluidos metales de baterías, plásticos y aluminio.

세인트 조지 에코 마이닝 코퍼레이션 (CSE:SX)(OTCQB:SXOOF)은 EVSX 사에서 연간 4,200톤의 배터리 가공 라인 시운전을 성공적으로 완료했으며, 알카라인 및 아연-탄소 배터리에 대해 85% 이상의 재활용 효율을 달성했다고 발표했습니다. 이 회사는 온타리오주 토롤드(Torhold) 시설에 연간 10,000톤의 추가 라인을 설치하고 있으며, 두 개의 추가 라인을 배포할 준비가 되어 있습니다. 이 전략적 위치는 디트로이트를 포함한 주요 자동차 클러스터에 서비스를 제공합니다. 이안 C. 페레즈가 EVSX 사의 CEO로 임명되었고, 엔리코 디 체사레는 사장 및 CTO로 전환됩니다. 가공 라인은 고도로 자동화되어 있어 여러 유형의 배터리를 처리할 수 있으며, 배터리 금속, 플라스틱 및 알루미늄을 포함한 재활용 가능한 소재를 생산합니다.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) annonce la réussite de l'achèvement de sa ligne de traitement des batteries de 4 200 tonnes par an chez EVSX Corp, atteignant une efficacité de recyclage supérieure à 85 % pour les batteries alcalines et zinco-carbone. L'entreprise installe une ligne supplémentaire de 10 000 tonnes par an dans son établissement de Thorold, Ontario, avec deux autres lignes prêtes à être déployées. L'emplacement stratégique dessert des clusters automobiles majeurs, y compris Detroit. Ian C. Peres a été nommé PDG d'EVSX Corp, tandis que Enrico Di Cesare passe à la présidence et au poste de CTO. Les lignes de traitement sont hautement automatisées, capables de gérer plusieurs types de batteries, et produisent des matériaux recyclables, y compris des métaux de batterie, des plastiques et de l'aluminium.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) gibt den erfolgreichen Abschluss der Inbetriebnahme seiner Batterieverarbeitungsanlage mit einer Kapazität von 4.200 Tonnen pro Jahr bei EVSX Corp bekannt und erreicht eine Recyclingeffizienz von über 85% für alkalische und zink-kohlenstoffhaltige Batterien. Das Unternehmen installiert eine weitere Linie mit einer Kapazität von 10.000 Tonnen pro Jahr in seiner Einrichtung in Thorold, Ontario, wobei zwei weitere solcher Linien bereit zur Inbetriebnahme sind. Die strategische Lage bedient wichtige Automobilcluster einschließlich Detroit. Ian C. Peres wurde zum CEO von EVSX Corp ernannt, während Enrico Di Cesare zum Präsidenten und CTO wechselt. Die Verarbeitungsanlagen sind stark automatisiert, in der Lage, mehrere Batterietypen zu verarbeiten, und produzieren recycelbare Materialien, einschließlich Batteriemetalle, Kunststoffe und Aluminium.

Positive
  • Successfully commissioned 4,200-ton-per-year battery processing line with 85%+ recycling efficiency
  • Three additional 10,000-ton-per-year processing lines fully built and independently tested
  • Strategic location near major automotive manufacturers
  • Highly automated processing requiring minimal labor costs
  • Appointment of experienced executive Ian C. Peres as CEO
Negative
  • None.

THOROLD, ON / ACCESSWIRE / November 5, 2024 / St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1), is pleased to provide an update on the operations of its wholly owned battery processing subsidiary, EVSX Corp.

The Company has successfully completed processing every alkaline and zinc-carbon battery type supplied by Call2Recycle using the initial 4,200-ton-per-year battery processing line, with a recycling efficiency rate of over 85%. The Company's technical team will now make final configuration adjustments to the line to optimize production capacity and efficiency.

"(…) We are delighted with the technical success of this commissioning effort and are now well-positioned to move forward with the strategic installation of our lines across North America. The 4,200-ton-per-year line and 10,000-ton-per-year line now being installed are both located in our Thorold, Ontario (Niagara) plant, an ideal geographic and demographic hub. (…) We are very pleased to welcome Mr. Peres to the leadership team and look forward to his contribution given his past successes (…)," commented Enrico Di Cesare, President and Chief Technology Officer of EVSX Corp.

This testing milestone, the commissioning of the equipment, is important as it complements the independent testing by WSP Group PLC on the other three large, multi-chemistry, 10,000-ton-per-year processing lines, fully built and owned by the Company. Two of these multi-million-dollar lines are in Ontario and are ready to be installed; the third is ready to be delivered to a strategic location.

The installation of one of these 10,000-ton-per-year lines has commenced at the Company's Thorold, Ontario (Niagara) plant. The plant is an ideal location within one of the most populated hubs in the country and is centrally located, covering Detroit, Michigan, the largest automotive cluster in North America, including Ford, General Motors, Stellantis (formerly Fiat Chrysler Automobiles), etc.

Enrico Di Cesare further commented, "(…) These large lines provide flexibility and an ability to adapt to industry needs from button batteries, alkaline, lithium, nickel-cadmium, etc., as well as complement existing efforts in North America. The Company is reviewing an option to install a second plant in western Canada that will significantly reduce battery transportation costs (…) the Company's processing lines are highly automated and require minimal labor to efficiently separate critical battery metal elements, plastics, aluminum, steel, and other materials used in battery manufacturing. The battery metals may then be reused; the other metals such as aluminum and steel may be repurposed; and the waste materials may be processed downstream for fertilizer and feedstock (…)."

The Company is pleased to announce the appointment of Ian C. Peres as Chief Executive Officer of EVSX Corp. Enrico Di Cesare, who has led the technical execution of this initiative since its inception, has been appointed President and Chief Technology Officer of EVSX Corp.

Mr. Peres is a Chartered Professional Accountant with over 30 years of capital markets experience in executive and board-level positions across several private and public companies listed in Canada. He was Chief Financial Officer and Chief Investment Officer of a leading merchant bank in Toronto, which raised over $500 million for the public sector.

Mr. Peres is also the founder and former CFO and Director of Energy Fuels Inc., now a mid-tier uranium producer in the US Midwest with a multi-billion market capitalization. Mr. Peres most recently led Moneta Gold as President and CEO for 13 years until retiring in 2022, where he grew the NI 43-101 gold resource, located in the Timmins, Canada, into a world-class gold mining camp, from 142,000 ounces to over nine million ounces.

ON BEHALF OF THE BOARD OF DIRECTORS,

Enrico Di Cesare
President & Chief Technology Officer of EVSX Corp.

Contact for Regulators and Medias Inquiries: public@stgeorgesecomining.com +1.514.996.6342

About St-Georges Eco-Mining Corp.

St-Georges Eco-Mining Corp. holds Québec exploration projects, including the Manicouagan and Julie nickel & palladium (CSM) projects on Québec's North Shore and the Notre Dame niobium project in Lac-St-Jean. St-Georges further develops new technologies and holds patent-pending Intellectual Property (IP) with several prospective subsidiaries, including: 1/ EVSX, a leading North American advanced battery processing and recycling initiative; 2/ St-Georges Metallurgy, with metallurgical R&D and related IP, including processing and recovering high-grade lithium from spodumene; 3/ Iceland Resources, with gold, silver exploration projects, including the Thor flagship gold asset; 4/ H2SX, developing technology to convert methane into solid carbon and turquoise hydrogen.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, general business, economic, competitive, political, and social uncertainties, and uncertain capital markets. Readers are cautioned that actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

SOURCE: St-Georges Eco-Mining Corp.



View the original press release on accesswire.com

FAQ

What is the recycling efficiency rate of EVSX's new battery processing line for SXOOF?

The initial 4,200-ton-per-year battery processing line achieves a recycling efficiency rate of over 85% for alkaline and zinc-carbon batteries.

How many battery processing lines does EVSX (SXOOF) have ready for deployment?

EVSX has three 10,000-ton-per-year processing lines fully built and independently tested by WSP Group PLC, with two ready for installation in Ontario and one ready for delivery to a strategic location.

Who was appointed as the new CEO of EVSX Corp (SXOOF) in November 2024?

Ian C. Peres, a Chartered Professional Accountant with over 30 years of capital markets experience, was appointed as CEO of EVSX Corp.

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