Regenx Tech Secures Funding to Enhance Metal Extraction Tech
Funding Support for Regenx Tech’s Innovative Approach
Regenx Tech Corp. is excited to announce significant financial backing from the National Research Council of Canada through its Industrial Research Assistance Program (NRC IRAP). This initiative will provide up to $50,000 in funding for the enhancement of Regenx's proprietary technology, which is designed to extract valuable precious metals from end-of-life catalytic converters.
Advancing Proprietary Technology
The project, spearheaded by Regenx's expert scientific team in the Vancouver area, aims to refine processes for reclaiming metals such as platinum and palladium. These metals are critical components in various industrial applications, particularly in automotive emissions control systems, where they are often found in catalytic converters.
CEO's Statement on Collaboration
Don Weatherbee, CEO of Regenx, expressed gratitude towards the NRC IRAP team, highlighting the essential advisory support they received. He remarked, “This collaboration will not only accelerate our research and development efforts but also contribute positively to our stakeholders and the broader Canadian economy.”
Regenx Tech’s Environmental Commitment
As a cleantech company, Regenx is focused on urban mining, utilizing eco-friendly methods to recycle spent diesel catalytic converters. Their innovative approach helps mitigate waste while retrieving valuable resources, aligning with global sustainable practices.
About Regenx Tech Corp.
Regenx Tech is distinguished in the cleantech sector for its commitment to environmentally responsible technologies. The company's processes reflect their dedication to sustainability, ensuring that precious metals can be safely recovered and reused, thereby reducing the environmental footprint associated with mining.
Looking Towards the Future
The funding from NRC IRAP underscores the increasing acknowledgment of sustainability in industrial processes. As resources become scarcer and environmental concerns rise, projects like those undertaken by Regenx Tech become imperative in promoting a circular economy.
Contact Information
For more details, Regenx invites interested parties to reach out via email. They can be contacted at Investors@Regenx.Tech for inquiries related to investments and the company’s future prospects.
Frequently Asked Questions
What is Regenx Tech focused on?
Regenx Tech specializes in urban mining, particularly focusing on recycling end-of-life diesel catalytic converters to recover precious metals.
How much funding has Regenx received?
The company has secured up to $50,000 in funding support from the National Research Council of Canada through the NRC IRAP program.
What metals does Regenx extract?
Regenx Tech primarily focuses on recovering platinum and palladium from catalytic converters.
Where is Regenx Tech located?
Regenx Tech’s scientific team is based in the Vancouver area of British Columbia, Canada.
How can I get in touch with Regenx Tech?
For inquiries, you can contact Regenx Tech at Investors@Regenx.Tech for further information about the company and its initiatives.
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