Share price does not reflect any carbon creditsI'm not an expert in carbon credits, but I firmly believe that the share price does not account for any prospective carbon credits. I mean, it not even accounts for a 50% chance of getting the first of many commercial plants running scaled up from the successful pilot plant. Anyhow, just looking at carbon credits I found:
It seems extremely likely that the Mineworx recycling process saves a lot CO2 compared to Platinum mining and shipping from South Africa, which is predominantly coal-powered.
E.g. Impala has used about 550 MW in 2020. In FY2020, Impala produced 1.3 million 6E ounces, i.e. platinum, palladium, ruthenium, rhodium, iridium and gold.
Especially, as smelting seems to be a major source of CO2 in the recycling path, one which we do not have with Mineworx.
If we use local recycling, it should save not only CO2, but reduce the dependency on imports for strategic metals.
Please share your thoughts and sources to shed light on our prospective carbon credits.
Some reads and sources:
S&P Global Platts Insight Magazines, e.g. Metals, Demand and Decarbonization [url= https://business.cornell.edu/hub/2019/10/29/investigating-business-recycling-carbon/] Investigating the business of recycling and its carbon footprint[/url]
Carbon Credits -Waste Management https://www.recycling-magazine.com/2021/04/12/plastic-recycler-green-tech-recognised-by-gold-standard-for-issuing-carbon-credits/[/url]
[url=
https://www.implats.co.za/pdf/fact-sheets/2021/impala-fact-sheet-2020.pdf]Impala Fact Sheet 2020[/url]