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An announcement from St-Georges Platinum and Base Metals ( (TSE:SX) ) is now available.
St-Georges Eco-Mining Corp.’s subsidiary, EVSX Corp., announced significant advancements at its battery processing plant in Thorold, Ontario, boosting its operational capabilities. The facility has undergone technical and mechanical upgrades, including a new processing circuit, resulting in a 25% increase in throughput and enhanced efficiency. This expansion allows the plant to accommodate higher processing demands and improve its capacity to handle electric vehicle batteries, positioning the company favorably in the growing battery recycling market.
More about St-Georges Platinum and Base Metals
St-Georges Eco-Mining Corp., through its subsidiary EVSX Corp., operates in the recycling and eco-mining industry, focusing on the processing and recovery of materials from batteries. Their facilities include a state-of-the-art multi-chemistry battery processing line that efficiently sorts and recovers critical metals and materials, contributing to sustainable supply chains.
YTD Price Performance: 8.33%
Average Trading Volume: 503,066
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$18.53M
See more insights into SX stock on TipRanks’ Stock Analysis page.
