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Mineworx Technologies tackles 'urban mining' as it helps recycle e-waste

Mineworx Technologies Ltd (CVE:MWXRF) CEO Greg Pendura tells Proactive Investors that the company, alongside its partner EnviroLeach Technologies Inc, is tackling 'urban mining' as it helps recycle e-waste material. Pendura says the company is focused on recycling IT materials.

According to Pendura, e-waste recycling is a nearly $20 billion annual business but is projected to expand rapidly to as much as $49 billion by 2020. Pendura says e-waste is one of the most significant challenges for municipalities.

Pendura says the mining technology company is commissioning its first production plant in Memphis, TN.

Quick facts: Mineworx Technologies Ltd.

Price: 0.13 CAD

TSX-V:MWX
Market: TSX-V
Market Cap: $40.43 m
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Mineworx Technologies in 'ramp-up' stage for its e-waste plant operations in...

Mineworx Technologies Ltd (TSXV:MWX, OTCQB:MWXRF) President Greg Pendura tells Proactive's Christine Corrado the electronic waste technology company is ramping up pre-production at its e-waste plant in Vancouver. Pendura says the new concentration plant allows for the economic extraction...

on 24/10/18

2 min read