St-Georges Eco-Mining Corp (CSE: SX) (OTCQB: SXOOF) (FSE:85G1) St-Georges develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery and full-circle battery recycling. The Company explores nickel & PGEs on the Manicouagan and Julie Projects on Quebec’s North Shore and has multiple exploration projects in Iceland, including Thor Gold.
The key to SX’s raison d’être is the burgeoning concept of a Circular Economy. The idea is simple; no matter the commodity or substance, plastic, glass, metals– you get the idea. The central tenet is that through the latest GHG reduction processes, production through recycling means a piece of glass etc., need never be tossed and could arguably outlive us all.
St. Georges is one of the first and premier companies to marry Eco-Mining and the Circular product life cycle concept. The Company has dubbed the approach as ‘Circular Green Economy.’
A circular economy keeps materials, products, and services in circulation for as long as possible. It is a change to the model in which resources are mined, made into products, and then become waste. A circular economy reduces material use, redesigns materials, products, and services to be less resource intensive, and recaptures “waste” as a resource to manufacture new materials and products.
Not to put too fine a point on the concept, but to conclude the definition for readers unfamiliar, the first stage of the circle is also a revolution in mining and extraction. Eco-mining– (Green Mining) carries out the mining operations in such a manner as to ensure systematic development of the mine or quarry, conservation of minerals, protection of the environment and safety of the man and machinery and ensures that no natural watercourse or water resources is obstructed due to any mining operation.
How vast is the growth?
(GLOBE NEWSWIRE) — The Global Waste Recycling Services Market Size is to grow from USD 61.76 billion in 2022 to USD 107.51 billion by 2032 at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period.
Green Mining Market (Eco-mining) is expected to grow from USD 11.0 billion in 2022 to USD 17.6 billion by 2027 at a CAGR of 9.9% during the forecast period.
There is much depth to St. George’s. Mining assets include exploration in Quebec for CSMs (Critical and Strategic Metals). Manicougan Project has 10k metres drilled, and samples include 2.11 G/T Platinum, 6.88 G/T Palladium and 3.22 % Nickel.
Jolie Project; It is prospective for nickel, copper, cobalt, palladium, platinum, silver, zinc, and magnesium. Historical sampling yielded grades of up to 2.2% Ni, 0.33% Cu and 0.103 g/t Pd.
Notre Dame Project is located near the Notre Dame de Lorette municipality in the Saguenay–Lac-Saint-Jean region of Quebec; the Project is prospective mainly for niobium.
To give investors an idea of the strength of this tech, the Company was included in a PR regarding its partnership in South Korea for a pilot plant as the group finalized the relationship. The importance of this development should not be downplayed.
The agreement between Altima and St Georges is a solid blueprint for successfully deploying both eco-mining and the circular economy. And as the PR says, the complete absence of GHG is a ‘bonus.’ I bet.
“These upgraded units are being designed to compete directly with most steam methane reforming (SMR) hydrogen producers and, often at better costs. In this context, the complete absence of greenhouse gas emissions (carbon dioxide – CO2) and the environmental benefit of the process becomes an added bonus that will positively impact its operating costs and largely improve its profit margin. Given the positive progress made on the technology the parties have agreed to an extension for the completion of the formal agreement to September 30th 2023.” (PR 07/25/23)
The Main Tenets of SX’s Philosophy (stolen from the SX website.)
- FIVE INTEGRATED VERTICAL
- COMPLEMENTARY APPROACH TO THE INDUSTRY
- ZERO WASTE AND SMALLEST FOOTPRINT PHILOSOPHY
- MONETIZING NICHES NO ONE ELSE TARGETS
- LOW PROJECTED CAPEX STRUCTURE
We all wish to see the future for ourselves and the planet’s betterment.
You just did. Have a good look at SX.