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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

Regenx Tech Corp. is a cleantech company. The Company is engaged in the development and commercialization of its processing technologies for the recovery of precious metals. The Company’s initial focus is the extraction of platinum and palladium from diesel catalytic converters. Its technology produces a sustainable PGM concentrate without the need for smelting or mining. It provides an alternative from environmentally harsh smelters to modern technology to recover precious metals. Its products are used in various industries, including electronics, medical, transportation, emissions, jewelry, and pharmaceuticals. The Company’s subsidiaries include Mineworx Technologies Inc., Regenx USA Inc., MWX Espana, S.A.U., and Iron Bull Mining Inc.


CSE:RGX - Post by User

Comment by AlfTanneron Dec 19, 2023 4:14pm
157 Views
Post# 35792498

RE:RE:From webinar 12/19/23

RE:RE:From webinar 12/19/23They did not say it exactly, but I get the impression that the main reason they are increasing production slowly is for 2 reasons:
1. They want to ensure they keep the recovery rate up above 90% as they process larger batches.
2. They have a limited amount of catalytic converter material, and they do not want to waste any without a good recovery rate.

Honestly, I do not understand why the ramp up is taking so long, and they did not do a good job explaining it.  Also, I was under the impression that they had plenty of catalytic converters ready to go, so I was surprised to hear they need to buy more already.


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