NovX21 Inc. (TSXV:NOV) announced that European and North American suppliers of catalytic converters have shown interest in NovX21′s technology by sending material to NovX21′s Saint-Augustin-de-Desmaures plant in Quebec. The supply will be processed at NovX21′s existing plant, and the supply shows that suppliers of catalytic converters are aiming to meet new environmental standards by using green technology.

As quoted in the press release:

Treatment of these catalysts using NovX21′s innovative process will allow providers to appreciate our technology’s performance and the purity of the PGM-rich metal powder produced. The next step in this collaboration would be the signature of long-term supply agreements for NovX21′s new plant.

Click here to read the NovX21 (TSXV:NOV) press release
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