SXOOF - St-Georges Releases Initial Cathode Material EV Battery Test Results
(TheNewswire)
Montréal - TheNewswire - April 12, 2021 - St-GeorgesEco-Mining Corp. (C NSX :SX. CN ) (OTC:SXOOF) (FSE:85G1) is pleased to disclose the results of its initial electricvehicle (EV) cathode material battery recycling tests aimed atspecific car makers and OEM battery specifications.
100%of the targeted metals were recycled in situ or selectively leached insolution.
As previously disclosedin a press release titled “ Initial Recovery Battery Test Results” dated February 22, 2021 , the Company hasset aside a significant portion of its laboratories resources to beable to perform “(…)additional tests to optimize the process of recovery of criticalelements (…) using synthetic compounds to move the development alongfaster.” In a subsequent press release titled “ EV Batteries RecoveryTests Results: Lithium” dated March 18, 2021 , the Companydisclosed that it had “(…) completed EV battery characterization for the following carmakers: Tesla, General Motors (GM), Ford, Toyota, and Nissan. Thebatteries were sourced from industry aggregators. The Company’schemists and metallurgists created synthetic powder clones of themetal’s components allowing the testing’s acceleration (…)” Additionally, leveraging the support of someimportant stakeholders in the success of Company initiatives,St-Georges’ metallurgists were able to gather data on thecomposition of certain batteries in development or about-to-becommercially deployed in the coming year that areLithium-Iron-Phosphate or LFP (LiFePO4) based. Thesenot-yet-on-the-market batteries have been conceptually characterized,synthetically reproduced, and tested with the Company’s processingtechnology.
Four sets of battery category, coveringall current car makers previously mentioned, along with the additionof the LFP batteries, have been processed in St-Georges’ contractedpilot-plant installations:
This initial test campaign's objectivewas to determine which metals were put in solution from cathode materials usingSt-Georges’ proprietary acid-blend. From those experiments, it canbe deduced that Lithium, Iron, Phosphate, Cobalt, Nickel, andMagnesium can be expected to be found in solution when usingcommercial batteries, on top of other metals such as Aluminium,Manganese, and Copper that can be recuperated in situ.
It is important to note that the LFPbatteries might require a slightly different process to recycle 100%of the metals. Iron content generates a small amount of magnetismduring the process while everything else remains in line with otherbattery compounds.
Other powders made from cathodematerial (NCA [Nickel, Cobalt, Aluminum, Lithium] and LTO [Titaniumand Lithium]) are being shipped from St-Georges’ industrial chemicalprovider and will be tested soon.
The Company’s work on anode materials is moving along at afast pace. The team expects to be able to disclose certifiable resultswithin 4 to 6 weeks. The primary materials being recycled from theanode are graphite and silicon metal and, in smaller quantities,titanium. The team believes that these materials are currently moreeconomical to mine than to recycle but believes that St-Georges’process will improve the total battery recovery value proposition byeliminating these materials’ disposition costs. Management believesthat any comparison to other competing technology must consider costs,cathode, anode, casing, and everything in between. The same can besaid about the total material recuperation rate since cathodes arecurrently the global problem’s low-hanging fruit.
ON BEHALF OF THE BOARDOF DIRECTORS
ENRICO DI CESARE
ST-GEORGES’ VICE-PRESIDENT RESEARCH & DEVELOPMENT &DIRECTOR
St-Georges is developingnew technologies to solve some of the most common environmentalproblems in the mining industry. The Company controls all the activemineral tenures in Iceland. It also explores for nickel & PGEs onthe Julie Nickel Project and the Manicougan Palladium Project on Québec's NorthShore. Headquartered in Montreal, St-Georges’ stock is listed on theCSE under the symbol SX, on the US OTC under the Symbol SXOOF and onthe Frankfurt Stock Exchange under the symbol 85G1.
TheCanadian Securities Exchange (CSE) has not reviewed and does notaccept responsibility for the adequacy or the accuracy of the contentsof this release.
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