Regenx Tech Corp Greg Pendura joined Steve Darling from Proactive to share news and insights about the company's exciting ventures.
Regenx is dedicated to recovering precious metals, specifically focusing on diesel catalytic converters. Its Tennessee plant, a collaborative effort with partner Davis Recycling, has entered the production phase after successful testing. This plant is designed to handle substantial volumes and is expected to yield around 70,000 ounces of platinum and palladium annually, contributing to an estimated annual revenue of $100 million.
The initiative comes at a pivotal time, as smelters face challenges processing diesel catalytic converters due to codes and environmental concerns.
Regenx's clean tech approach not only promises to efficiently recover valuable metals but also addresses environmental concerns, attracting interest from prominent companies across industries.
Regenx's growth plans involve expanding the plant's capacity through multiple modules and partnering with Fortune 500 firms.
With a focus on signing off on module one and initiating the procurement process for subsequent modules, Regenx Tech Corp is set to revolutionize the precious metals recovery landscape with its eco-friendly methods and strong industry partnerships. friendly practices within the valuable metals industry.