Company Description
St-Georges Eco-Mining Corp. (OTCQB: SXOOF) is a resource and technology company whose stock is also listed on the Canadian Securities Exchange under the symbol SX and on the Frankfurt Stock Exchange under the symbol 85G1. According to its public disclosures, the company develops new technologies to address environmental and metallurgical challenges in the mining sector and holds a diversified portfolio of exploration assets and patent-pending intellectual property through several specialized subsidiaries.
St-Georges reports that it explores for nickel and platinum group elements (PGEs) on the Manicouagan and Julie Critical Minerals Projects on Quebec's North Shore and is active on the Notre-Dame niobium project in the Lac St-Jean region. The company also has multiple exploration projects in Iceland, including the Thor (Thormodsdalur) gold project and the Elbow Creek Gold Project, with a focus on gold, silver and energy metals. These projects are held and advanced primarily through its wholly owned subsidiary Iceland Resources ehf, which maintains an extensive database of geochemical sampling, geologic mapping and drilling data.
Subsidiaries and Technology Focus
St-Georges Eco-Mining describes a group structure centered on several key subsidiaries:
- EVSX Corp. – A wholly owned battery processing subsidiary that operates highly automated multi-chemistry battery recycling lines at a plant in Thorold, Ontario. EVSX states that its lines can process a broad range of battery types, including alkaline, zinc-carbon, nickel-cadmium, nickel-cobalt-manganese, lithium-iron-phosphate (LiFePO4) and electric vehicle batteries. The company discloses that these lines are designed to recover critical battery metals (often referred to as black mass), as well as steel, aluminum, plastics and other materials, with recovered outputs repurposed downstream back into the supply chain and waste materials processed for fertilizer and feedstock.
- St-Georges Metallurgy Corp. (SXM) – A wholly owned metallurgy subsidiary focused on metallurgical research and development and related intellectual property. Public updates state that SXM is involved in processing and recovering high-grade lithium from spodumene and that it participates in a lithium pilot plant partnership with Coalia and LiOH Corp. The pilot plant is designed to produce lithium nitrate and potentially lithium hydroxide, along with by-products generated through St-Georges' proprietary processing technology.
- Iceland Resources ehf – A wholly owned subsidiary focused on gold, silver and energy metals exploration in Iceland. It holds the Thor (Thormodsdalur) gold project near Reykjavík and has agreements with landowners for the Elbow Creek Gold Project. Company disclosures note that Iceland Resources is also evaluating opportunities related to geothermal operations, including in-situ production, tailings processing and hydrothermal effluents.
- H2SX Corp. – A majority-owned subsidiary that develops technology to convert methane into solid carbon and turquoise hydrogen. H2SX works with partners such as Wintech Energy in South Korea, where a hydrogen production system using a proprietary microwave plasma torch design has been installed to dissociate carbon from hydrogen in methane derived from natural gas or biogas.
Through these subsidiaries, St-Georges positions itself at the intersection of mining, critical minerals, battery recycling and low-carbon technologies, with an emphasis on developing processes that aim to maximize metal recovery and reduce environmental impacts in the mining and energy value chains.
Exploration and Critical Minerals Projects
Public news releases describe St-Georges' work on several critical minerals projects in Quebec. At the Manicouagan Project, the company reports exploration targeting nickel, copper, cobalt and PGEs within a structural corridor centered on the historical Bob Zone. Surface prospecting and drilling programs, combined with heliborne magnetic surveys and geophysical interpretations, have been used to refine the geological model and identify new target zones, such as the South-East Manic Zone. Company disclosures highlight grab samples and bulk samples that show nickel, copper, cobalt and PGE mineralization associated with magnetite-rich and sulfide-rich horizons, while cautioning that such samples are selective and may not be representative of overall mineralization.
At the Julie Nickel-Copper-Cobalt-PGE Project on Quebec's North Shore, St-Georges reports surface exploration programs that have confirmed high-grade nickel values in the historical Julie Zone and documented consistent platinum and palladium values across multiple zones. The company has also announced the discovery of new mineralized showings, including the Vincent Showing, characterized by high iron content and associated PGE mineralization. These results are being integrated into mapping, channel sampling and geophysical interpretations to refine future drill targets and to evaluate potential links between nickel-bearing lenses and newly identified mineralization to the west.
Battery Recycling Operations
Through EVSX, St-Georges discloses that it operates a battery processing facility in Thorold, Ontario, within what it describes as one of the most populated hubs for battery collection and near a major automotive cluster in North America. EVSX reports that it holds an Environmental Compliance Approval in Ontario and a multi-year battery supply agreement with Call2Recycle Canada Inc., a not-for-profit organization responsible for battery collection across Canada and the United States. Under this agreement, EVSX processes a range of battery chemistries, with revenue structures that vary by chemistry and may include tipping fees or revenue sharing on recovered black mass, depending on the value of the recovered materials.
Company communications emphasize that EVSX's multi-chemistry lines are highly automated and designed to efficiently sort and process batteries, recovering metals such as aluminum, steel and critical battery metals, while sending recovered materials back into the supply chain and directing residual materials to downstream uses such as fertilizer and feedstock. St-Georges also notes that EVSX has completed commissioning of certain lines and is pursuing installation and optimization of additional capacity, with the goal of handling a broad spectrum of battery types and batch sizes.
Lithium Metallurgy and Pilot Plant
St-Georges Metallurgy Corp. is described as a central platform for the company's lithium and metallurgical initiatives. In partnership with Coalia and LiOH Corp., SXM participates in a lithium pilot plant operated at Coalia's facilities in Quebec. According to the company, this pilot plant is designed to test St-Georges' proprietary lithium processing technology on Canadian-sourced spodumene concentrate. Public statements from project partners describe objectives such as achieving high lithium purity and recovery, reducing residues, minimizing water, acid and reagent consumption, and generating by-products including alumina and nitrogen-based fertilizers. The pilot work is expected to provide data for a future feasibility study and to support the potential design and construction of commercial-scale facilities.
In addition to lithium, SXM is reported to be advancing nickel-focused metallurgical projects, supported by grant applications and collaborations with partners including a tier-one metallurgical process provider, Coalia and Montreal-based IGS. These initiatives relate to the extraction and processing of valuable minerals from bulk samples collected at the Julie and Manicouagan critical minerals projects and from geothermal scaling concentrate sourced from Iceland.
Icelandic Gold and Geothermal Materials
Through Iceland Resources, St-Georges reports work with a geothermal energy producer in Iceland, where mineral material collected in situ from a geothermal power facility has been tested for gold-equivalent grades. The company has disclosed that hundreds of kilograms of this material have been imported into Canada for extraction and separation testing. These efforts are intended to inform initiatives aimed at establishing regular operations related to geothermal-derived mineral materials, in addition to more traditional exploration activities on gold projects such as Thor and Elbow Creek.
Hydrogen and Methane Conversion Technology
H2SX Corp., majority owned by St-Georges, focuses on technology to convert methane into solid carbon and turquoise hydrogen. Public updates describe a partnership with Wintech Energy in South Korea, where a showcase hydrogen production plant has been installed near Seoul. The system uses a proprietary microwave plasma torch design to dissociate carbon from hydrogen in methane molecules derived from natural gas or biomethanization of organic waste. The plant is intended to serve as a demonstration site where potential partners and independent third parties can evaluate the technology's performance, economics and operational characteristics in a live environment.
Corporate Structure and Trading
St-Georges Eco-Mining Corp. is headquartered in Montréal, Québec, and its shares trade on multiple markets: the Canadian Securities Exchange (symbol SX), the OTCQB Venture Market in the United States (symbol SXOOF) and the Frankfurt Stock Exchange (symbol 85G1). The company notes that it undergoes reporting and verification processes associated with these listings and that its business combines mineral exploration in Canada and Iceland with technology development in battery recycling, lithium metallurgy and methane-to-hydrogen conversion.
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