Throw tradition out the window!

If you wanted to extract Platinum and Palladium from diesel catalytic converters, you needed to have a smelter.  But they are now refusing to process them due to the problems they cause. 

Mineworx Technologies has come up with an ingenious way to recover 90% of the precious metals, in a clean tech proprietary process, in an industry that presents a $25b yearly opportunity.

“Up until a short time ago, the only was way to extract these precious metals was smelters,” Mineworx CEO Greg Pendura revealed.  “However, smelters are now refusing to accept diesel as it causes issues in their processing plants.

“I can see there being a large oversupply of spent diesel catalytic converters with no home to go.”

Pendura argues that the company’s ability to process the precious metals makes them a market leader going into the future, whilst also being environmentally focused.

“Smelters have received their fair share of bad press on the environmental side,” Pendura continues. “(Mineworx) has a clean processing technology which will be able to extract Platinum and Palladium in a clean tech environment.

“To have a process like this on North American soil will be well perceived.”

The CEO also gave some insights into the next steps for a commercial rollout.

“We are in the final stages of testing our pilot plant,” Pendura says. “Once completed, it will be transported to our partner, Davis Recycling, in Tennessee, United States, before beginning final-stage design.

“This will be the final step before commercial development of our plant, in the fourth quarter.”

For more information about Mineworx Technologies, head to their website.