What Regentech does

Regenx Tech Corp (CSE: RGX, OTCQB: RGXTF, FSE: YRS) is a Canadian-listed cleantech company commercializing a proprietary hydrometallurgical process that recovers platinum (Pt) and palladium (Pd) from end-of-life silicon carbide (SiC) diesel catalytic converters — a feedstock stream that traditional pyrometallurgical smelters typically reject or price punitively. The proprietary recovery chemistry and SiC processing know-how are deliberately protected as a trade secret rather than via patents, allowing continuous evolution under the Coca-Cola / Apple model, with supporting mining-apparatus patents (US10512917, US10124345, US10351454, US20210039108A1) held in the Mineworx Technologies entity. The company states a 95%+ precious metal recovery rate, a 95% reduction in CO2 emissions versus mining/smelting, 99% lower water consumption, and up to 90% landfill-waste reduction. Its commercial platform consists of Module One in Newport, Tennessee (5,000 lbs/day design capacity, restarting after Air Pollution Control permitting in 2025), R&D laboratories in Tennessee and Vancouver, and Canadian corporate headquarters in St. Albert, Alberta, with subsidiary PGM Renewal LLC housing the US recycling operations.

Regenx monetizes by producing a "Black Powder" Pt/Pd concentrate from processed SiC feedstock and selling it to third-party refiners who upgrade it to 99.9% pure metal for resale on the commodities market or back to predetermined customers (including original automotive suppliers). Its only named strategic feedstock partner is Davis Recycling Inc. on the US Eastern Seaboard, which supplies pre-processed converter material. Pricing is tied to prevailing global PGM spot prices and is not publicly disclosed. The company launched its commercial revenue phase in February 2024, but commercial-scale production was interrupted by permitting delays until the September 2025 restart. Headcount is small (1-10 employees per firmographic data), and pre-revenue operations and ongoing working capital have been funded primarily through a series of non-brokered unsecured debenture and private placement financings (e.g., $679,032 in March 2025, $555,664 in June 2025, $469,481 in September 2025, $352,834 in December 2025, $230,833 in April 2026), supplemented by modest non-dilutive grants from NRC IRAP ($50,000-$55,000). Customer segments include precious-metals refiners (primary), automotive OEMs seeking closed-loop recycled PGM supply, automotive recyclers (feedstock), and government/research agencies (DOE, NRC IRAP).

The company carries material governance and regulatory risk signals relevant to investors: a Management Cease Trade Order was issued by the Alberta Securities Commission in May 2024 (expired June 2024) following delayed annual filings, and a new Cease Trade Order was issued on October 1, 2025; the auditor changed from Gallo LLP to DMCL Chartered Professional Accountants in February 2025 alongside a fiscal year-end change to March 31; insider ownership is 7%; and the share count is approximately 395.5 million outstanding (433.8 million fully diluted). The company's stated expansion roadmap targets 10 tons/day across four modules and replication across North America, but only Module One is currently operational post-restart.

Name

Regentech

Legal name

Regenx Tech Corp

Website

https://regenx.tech

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Precious Metals Recycling

NAICS

Recyclable Material Merchant Wholesalers (423930)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Catalytic Converter Recycling & Precious Metals Recovery (PGM) (EUAIAJAG)

akta.pro secondary industries

Catalyst Recovery, Regeneration & Reclamation Services (IMAEAIAM), Catalyst & Precious Metal Scrap Recycling (Auto Catalysts, Refinery/Petrochemical Catalysts) (IMAKAMAI)

Keywords

• Catalytic converter recycling
• Platinum group metals
• Precious metals recovery
• Hydrometallurgical processing
• Urban mining

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Sale of PGM Concentrate to Refiners: Regenx produces a "Black Powder" PGM concentrate at its Tennessee facility. This concentrate is upgraded by third-party refiners into 99.9% pure platinum and palladium, which is sold in the commodities market or to predetermined customers (including the original suppliers). Recurring commodity supply relationship.
2. Pre-Revenue / Launch Phase Financing: The company was pre-revenue through most of its history and entered its revenue phase in February 2024. Operations and working capital have historically been funded through repeated non-brokered debenture and private placement financings (e.g., $679,032 in March 2025, $555,664 in June 2025, $469,481 in September 2025, $352,834 in December 2025, $230,833 in April 2026).
3. Government / Research Grants: Non-dilutive funding from agencies such as the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) — up to $50,000-$55,000 in advisory services and funding to advance proprietary PGM recovery technology. Also engaged with the U.S. Department of Energy on a full proposal for critical minerals recovery.

Pricing tiers

Go-to-market motion4 records

Distribution channels2 records

Marketing channels8 records

Core offering

Regenx operates a proprietary hydrometallurgical process that recovers platinum (Pt) and palladium (Pd) from end-of-life diesel silicon carbide (SiC) catalytic converters, achieving over 95% metal recovery. The company accepts prepared feedstock from automotive recyclers, chemically extracts and precipitates a "Black Powder" PGM concentrate at its Eastern Tennessee facility, and ships the concentrate to third-party refiners who upgrade it to 99.9% pure metal for sale in the commodities market or back to predetermined customers.

Product overview

Regenx Tech Corp. operates a single unified proprietary technology platform — the Regenx Proprietary PGM Recovery Process — commercialized through a series of named offerings. At the core is the proprietary hydrometallurgical Regenx Process (delivered as the Diesel SiC Catalytic Converter Recycling Service), which accepts prepared feedstock, separates core materials, chemically extracts Platinum and Palladium, and precipitates a Black Powder PGM Concentrate that is upgraded by third-party refiners to 99.9% pure metal. This process is deployed physically through the Regenx Commercial Module at the Eastern Tennessee facility (Module One, 5,000 lbs/day design capacity, planned expansion to 10 tons/day across four modules). Underlying mining and processing innovations are protected via U.S. patents — including Patented Mining Mill Technology (US10512917 / US20210039108A1), Patented Portable Mining Apparatus (US10124345), and Patented Mining Apparatus with Water Reclamation (US10351454) — held in the Mineworx Technologies entity, while the core recovery chemistry is deliberately protected as a trade secret rather than patented. Together these named products, services, intermediate outputs, and patents form the integrated offering positioned for the Circular Economy for platinum group metals.

Differentiator

Problem solved

Functional benefit

Products and services

• Diesel SiC Catalytic Converter Recycling Service End-to-end recycling service that accepts prepared end-of-life diesel silicon carbide (SiC) catalytic converter feedstock from automotive recyclers and recovers platinum and palladium via Regenx's proprietary hydrometallurgical process, achieving over 95% metal recovery while reducing CO2 emissions and water use by orders of magnitude versus mining/smelting. Targeted at automotive recyclers and OEMs that need an outlet for SiC converters traditional smelters reject.
• Black Powder PGM Concentrate Intermediate precious-metal product output of the Regenx hydrometallurgical process: a Pt/Pd-bearing "Black Powder" concentrate produced from prepared SiC converter feedstock at the Eastern Tennessee facility and shipped to third-party refiners who upgrade it to 99.9% pure platinum and palladium for sale in the commodities market or back to predetermined customers.
• Regenx Proprietary PGM Recovery Process Proprietary hydrometallurgical process purpose-built for recovering platinum and palladium from end-of-life diesel silicon carbide catalytic converters, protected as a trade secret (not patented) to allow continuous evolution. Includes input material preparation (separation and fine grinding), chemical extraction into a precious-metal-bearing solution, precipitation recovery into a Black Powder concentrate, and shipment to refiners for upgrading.
• Regenx Commercial Recycling Module (Tennessee Facility) First commercial processing module located in Eastern Tennessee (Regenx USA Inc.), designed to process 5,000 lbs of SiC catalytic converter feedstock per day, with planned expansion to 10 tons per day across four modules representing a modular replication approach across North America.

Quantifiable outcome

• Recovers 95% of precious metals (Pt, Pd) from SiC diesel catalytic converters
• +5 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered flagship / core, core and minor.

• Davis Recycling Inc.flagship / coreStrategic or Co-development PartnerDavis Recycling Inc., a leading automotive recycler on the US Eastern Seaboard, supplies end-of-life diesel catalytic converter feedstock to Regenx. Davis Recycling pre-processes the feedstock into fine powder that Regenx then processes with its proprietary chemistry. The partnership provides Regenx with reliable, optimal-priced feedstock supply while diverting more product from landfills.
• U.S. Department of EnergycoreStrategic or Co-development PartnerThe DOE invited Regenx to submit a full proposal for critical minerals recovery, advancing US clean-tech goals around domestic PGM supply chain security.
• RBMG (US-based investor relations firm)coreGTM or Marketing PartnerEngaged in June 2024 alongside share consolidation to handle US-based investor relations and capital-markets communications for Regenx (CSE: RGX, OTCQB: RGXTF).
• Outside The Box CapitalminorGTM or Marketing PartnerEngaged in January 2024 to provide marketing services to Regenx Tech Corp.
• The Howard GroupminorGTM or Marketing PartnerEngaged in October 2020 to direct capital market communication programs for Mineworx/Regenx.
• Core ConsultantsminorGTM or Marketing PartnerRetained in August 2021 to provide marketing and public relations services.
• North Equities Corp.minorGTM or Marketing PartnerEngaged in March 2022 to provide marketing services to Mineworx/Regenx.
• Third-party precious metals refiners / upgraderscoreChannel Partner/ Reseller/ DistributorRefiners take Regenx's "Black Powder" PGM concentrate and upgrade it to 99.9% pure platinum and palladium for sale in the commodities market or to predetermined customers. They also provide a viable outlet for SiC converters that are rejected by traditional pyrometallurgical processing.

Scale indicators12 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Hensel Recycling: German-based precious metals recycler specializing in recovery of PGMs (Pt, Pd, Rh) from spent automotive catalytic converters. Closest functional analog to Regenx as a specialist autocatalyst PGM recycler, though it uses traditional pyrometallurgical processes rather than hydrometallurgy.
• Chimet S.p.A. Italian precious metals refiner that recovers Pt, Pd, Rh and other PGMs from spent autocatalysts and industrial catalysts. Comparable to Regenx as a downstream PGM refiner buying spent catalyst feedstock, though larger scale and broader catalyst scope.
• Eco-Bat Technologies: US-based recycler of lead and precious metals from spent automotive batteries and catalysts. Directly comparable in being a US PGM-from-autocatalyst recycler with industrial-scale facilities, though focused on lead-acid battery recycling as well.
• Sabin Metal Corp: US precious metals refiner specializing in recovery of Pt, Pd, Rh and other PGMs from spent industrial and automotive catalysts. Operates as a downstream buyer of catalyst feedstock, comparable to the third-party refiners Regenx sells its Black Powder concentrate to.

Broad incumbents

• Umicore: Global materials and recycling group with one of the largest precious metals refining and autocatalyst PGM recycling operations in the world. A broad incumbent that competes across the same PGM recycling value chain as Regenx, but at vastly greater scale and with a much wider portfolio.
• Johnson Matthey: UK-based specialty chemicals and sustainable technologies company historically central to PGM supply for autocatalysts, with a major precious metals trading and refining business. Broad incumbent competing for the same PGM-from-catalyst economics, though much larger and more diversified.
• BASF Catalysts: German chemical major with a leading position in automotive catalysts and PGM-based emissions technologies, including PGM recycling. Broad incumbent that participates in the same autocatalyst PGM value chain as Regenx as both a buyer and a recycler.
• Heraeus Precious Metals: German precious metals and technology group with global PGM refining, trading, and recycling operations, including autocatalyst recycling. Broad incumbent that competes for spent catalyst feedstock and PGM refining share.
• Tanaka Kikinzoku Kogyo: Japan's largest precious metals company with PGM refining and recycling from spent catalysts and industrial materials. Broad incumbent comparable in PGM refining and recycling end markets, but operating primarily in Asia and at much larger scale.
• Sibanye-Stillwater: South African PGM miner and recycler with growing PGM recycling operations in North America and Europe. Broad incumbent that competes with Regenx for PGM-from-catalyst economics, but is primarily a primary PGM producer integrating recycling into its mining business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mineworxtechnologiesltd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Regentech