What St-Georges Eco-Mining does

St-Georges Eco-Mining Corp. is a Canadian public junior resource and clean-technology company (CSE: SX; OTCQB: SXOOF; Frankfurt: 85G1) headquartered in Montreal that operates a circular economy model spanning critical mineral exploration, battery recycling, low-energy lithium processing, and methane-to-hydrogen conversion. The company is organized around four principal operating subsidiaries: EVSX Corp., which runs a 20,000-tonne-per-annum CSA-certified multi-chemistry battery recycling plant at the Thorold Multimodal Hub in Ontario; H2SX Corp., which is developing the ccH2MC process for converting methane into turquoise hydrogen and solid carbon with no CO2 emissions; Iceland Resources ehf, which holds the Thormodsdalur (Thor) epithermal gold project under a 51,300-hectare exploration permit near Reykjavik; and SX Metallurgy, the IP-holding entity that has filed provisional patents for zero-waste, low-energy lithium hydroxide processing from spodumene. Exploration is also conducted directly by the parent in Quebec through the Manicouagan (nickel, copper, cobalt, PGEs), Julie (nickel, PGE), and Notre-Dame (niobium) projects.

The company's revenue model is a mix of transaction fees from battery recycling at EVSX, licensing royalties from H2SX technology deployments (e.g., 5% net revenue royalty from Altima Resources), and potential future mineral sales or joint-venture economics from its exploration portfolio. Pricing is not publicly disclosed and contracts are negotiated individually. Commercial customers and channel partners include Call2Recycle Canada (battery collection network for Ontario operations), AraBat (European battery recycling technology deployment from Puglia, Italy), Wintech Energy (Hydrogen deployment in Korea), Altima Resources (Alberta/BC hydrogen), Aurania Resources (Thor gold earn-in of up to 70% for US$5 million spend), HOPA Ports (hosting infrastructure at Thorold), and Voltrinov (battery processing capacity expansion). The company is in development stage with operations funded primarily through a series of small private placements (cumulative roughly C$5.9 million disclosed across December 2022 through June 2026); no revenue is publicly reported and the senior disclosure notes the company has not generated material revenue. It lists 11-50 employees, common shares outstanding of approximately 312.5 million, and dual listings on CSE, OTCQB, and Frankfurt.

Name

St-Georges Eco-Mining

Legal name

St-Georges Eco-Mining Corporation

Website

https://stgeorgesecomining.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

St-Georges Eco-Mining is a Canadian public junior company developing circular-economy solutions across critical minerals, operating battery recycling (EVSX), green hydrogen (H2SX), lithium processing (SX Metallurgy), and gold exploration (Iceland Resources) for mining, recycling, and clean-energy customers.

Ownership category

akta.pro rank

Product category

Critical Minerals & Battery Recycling

NAICS

Other Metal Ore Mining (212290), Copper, Nickel, Lead, and Zinc Mining (212230), Materials Recovery Facilities (562920)

SIC

Metal Mining (1000), Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Critical Minerals Recycling & Urban Mining (Li, Ni, Co, Graphite, REE) (IMAKAFAK)

akta.pro secondary industries

Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Black Mass Production & Upgrading (Concentration, Purification) (EUAIAIAI), Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid) (EUAMALAE)

Keywords

• Critical minerals exploration
• Battery recycling services
• Green hydrogen production
• Metallurgical research development
• Precious metals exploration

Headquarters

HQ city

Montreal

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Battery Recycling Services: EVSX subsidiary provides battery recycling and blackmass processing services, targeting domestic, industrial, and electric vehicle (EV) batteries. Revenue generated from processing fees and recovered critical minerals sales.
2. Hydrogen Technology Licensing: H2SX licenses its hydrogen production technology (ccH2MC) to partners like Altima Resources, generating licensing fees and royalty income (5% of net revenue) from hydrogen production operations.
3. Mineral Exploration and Production: Exploration and potential future production of critical strategic minerals (nickel, copper, cobalt, PGE, gold) from Quebec (Manicouagan, Julie, Notre-Dame) and Iceland (Thor) projects. Revenue from mineral sales and potential joint venture interests.
4. Metallurgical Services and IP Licensing: SX Metallurgy provides metallurgical R&D services and licenses proprietary processing technologies for lithium and other minerals, including technology for solid-state battery materials.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

St-Georges Eco-Mining Corp. is a Canadian critical and strategic minerals company that explores for nickel, copper, cobalt, platinum group metals and gold through Quebec and Iceland projects, recycles end-of-life batteries to recover critical minerals via its EVSX subsidiary, licenses proprietary green hydrogen production technology through H2SX, and develops low-energy lithium processing and metallurgical IP through SX Metallurgy.

Product overview

St-Georges Eco-Mining is a diversified critical and strategic minerals company operating through five integrated subsidiaries: EVSX handles battery recycling at its Ontario facility; H2SX develops renewable energy technology producing green hydrogen from hydrocarbons; Iceland Resources pursues precious metals exploration in Iceland; SX Metallurgy manages metallurgical R&D and IP including lithium processing; and the parent company conducts critical minerals exploration in Quebec (Manicouagan, Julie, Notre-Dame projects). The company employs a circular economy model combining urban mining technologies (battery recycling), traditional exploration, and green energy innovation to maximize recovery and monetization of critical strategic minerals.

Differentiator

Problem solved

Functional benefit

Brands

• EVSX: Battery recycling subsidiary focused on advanced processing of end-of-life batteries and recovery of critical strategic minerals from blackmass
• H2SX
• Iceland Resources ehf
• SX Metallurgy

Products and services

• EVSX Battery Recycling Services Battery sorting, blackmass processing, and multi-chemistry critical mineral recovery (including LiFePO4 and lithium-ion chemistries) for domestic, industrial and EV battery customers at the Thorold, Ontario facility (20,000 tonne annual capacity, CSA-certified).
• H2SX ccH2MC Hydrogen Production Technology (Licensing) Licensed technology converting methane (from natural gas wells and condensates) into solid carbon and turquoise hydrogen with zero greenhouse gas emissions; deployed to industrial and energy partners through licensing and royalty arrangements (5% net revenue royalty).
• SX Metallurgy Lithium Processing Technology & R&D Services Proprietary zero-waste, low-energy lithium processing technology for direct conversion of ore (spodumene) to finished lithium hydroxide and solid-state battery materials, offered through metallurgical R&D services and IP licensing.
• Manicouagan Critical & Strategic Minerals Project Critical minerals exploration project on Quebec's North Shore targeting nickel, copper, cobalt, platinum, palladium, rhodium, ruthenium, osmium, and iridium with a confirmed 3 km mineralized corridor including the high-grade Bob zone; available for JV, offtake, or partnership arrangements.
• Julie Project (Quebec Nickel & PGE Exploration) Nickel and platinum group elements exploration project on Quebec's North Shore with confirmed high-grade nickel and widespread PGE mineralization; available for potential JV or offtake partnerships.
• Notre-Dame Niobium Project (Quebec) Niobium exploration project in the Lac St-Jean region of Quebec; optioned to Slam Exploration with confirmed presence of niobium in carbonatite.
• Thormodsdalur (Thor) Epithermal Gold Project (Iceland) High-grade epithermal gold project approximately 20 km east of Reykjavik, Iceland, covered by a national exploration permit of approximately 51,300 hectares, with reported historical gold grades up to 415.40 g/t Au; available through JV (Aurania can earn 70%) or NSR royalty arrangement.

Quantifiable outcome

• Battery processing capacity of 20,000 tonnes annually at Thorold facility
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Aurania Resources Ltd.coreStrategic or Co-development Partner · 28 April 2026Option agreement where Aurania can earn 70% interest in the Thormodsdalur (Thor) gold project in Iceland by issuing US$150,000 in shares and committing US$5 million in exploration spending over 4 years. Iceland Resources retains option for 30% JV interest or up to 3% NSR royalty.
• VoltrinovminorStrategic or Co-development Partner · 26 February 2026Joint venture to increase battery processing capacity for electric vehicle and micromobility batteries through EVSX subsidiary.
• Altima Resources LimitedcoreStrategic or Co-development Partner · 14 February 2023Exclusive partnership for hydrogen production in Alberta and British Columbia using H2SX ccH2MC technology. Altima to issue 6,000,000 shares to H2SX upon achievement of milestones, fund capital expenditures, and pay 5% net revenue royalty.
• Call2Recycle Canada Inc.coreChannel Partner/ Reseller/ Distributor · 12 December 2022Battery recycling partnership for Ontario operations. Call2Recycle provides battery collection network across Ontario while EVSX provides processing and blackmass recovery at Thorold Multimodal Hub facility.
• HOPA Ports (Hamilton-Oshawa Port Authority)coreStrategic or Co-development Partner · 5 December 2022Hosting partnership for EVSX battery recycling operations at Thorold Multimodal Hub facility. HOPA Ports provides multimodal infrastructure, logistics, and site management through subsidiary Great Lakes Port Management.
• Co:alia (formerly CTMP)minorStrategic or Co-development Partner · 10 July 2020Service agreement for lithium pilot plant operation with Quebec organization funded by public and parapublic actors. Provides access to metallurgical expertise and pilot-scale testing facilities for lithium processing technology development.
• Iconic Minerals Ltd. (TSX-V: ICM)minorStrategic or Co-development Partner · 18 December 2017Research collaboration for industrial-scale lithium metal production from bulk ore samples using St-Georges' metallurgical technology.
• AraBatminorStrategic or Co-development PartnerPartnership for battery recycling technology development and deployment in Europe, starting from Puglia, Italy region.
• Wintech EnergyminorStrategic or Co-development PartnerPartnership for hydrogen production technology deployment in Korea using H2SX technology at Wintech's facilities.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• FPX Nickel Corp. Nickel exploration and development peer focused on the Baptiste deposit in British Columbia using a proprietary hydrometallurgical process. Comparable on critical minerals focus and proprietary extraction technology, though FPX is purely upstream versus St-Georges' diversified downstream mining-plus-recycling model.
• Standard Lithium Ltd. Lithium processing peer developing proprietary Direct Lithium Extraction (DLE) technology for battery-grade lithium production. Comparable to SX Metallurgy on proprietary lithium processing IP and target of supplying battery manufacturers, with a larger resource base and U.S. project focus.
• Cirba Solutions: Direct battery recycling peer operating North American processing facilities for spent lithium-ion batteries with multi-chemistry capability. Comparable to EVSX on target customers, chemistries processed, and circular-economy positioning, with broader end-market reach.
• Li-Cycle Holdings Corp. Direct battery recycling peer operating the Spoke & Hub network for lithium-ion battery black mass processing. Highly comparable to EVSX on end-market (multi-chemistry EV/industrial battery recycling) and North American focus, but at materially larger scale and with significantly more capital raised.
• Aurania Resources Ltd. Gold and copper exploration peer that is also a JV partner on the Thor project in Iceland. Comparable on epithermal gold exploration focus, junior market cap, and Latin American/Caribbean–adjacent jurisdiction profile, though Aurania is closer to the drill-bit side of the business.
• Redwood Materials: Direct battery recycling peer founded by former Tesla CTO JB Straubel, focused on closed-loop recovery of critical minerals from end-of-life batteries. Overlaps with EVSX on lithium-ion recycling value proposition and serves similar automotive OEM customers, but at substantially greater scale and private capital backing.
• Rock Tech Lithium Inc. Lithium processing peer developing spodumene-to-lithium-hydroxide converters in Europe and Canada with proprietary flowsheet technology. Directly comparable to SX Metallurgy on spodumene processing technology, battery-grade lithium hydroxide output target, and European expansion ambitions.

Broad incumbents

• Canada Nickel Company: Nickel-focused mining peer also operating in Quebec, pursuing critical minerals for the EV/battery supply chain. Comparable on Quebec domicile, nickel focus, and ESG-friendly mining positioning, though at a far more advanced development stage.

Emerging players

• E3 Lithium Ltd. Lithium developer using direct lithium extraction (DLE) from brines in Alberta, with proprietary processing technology. Comparable to SX Metallurgy on proprietary lithium processing IP and Western Canadian/EU commercialization ambitions, though focused on brine resources rather than hard-rock spodumene.
• Nouveau Monde Graphite Inc. Critical minerals and battery materials peer developing a vertically integrated graphite operation in Quebec with proprietary processing. Comparable on Quebec critical minerals focus, ESG positioning, and downstream battery materials processing, though focused on graphite rather than nickel/lithium.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/StGeorgesPlat
• YouTubeyoutube.com/@stgeorgesecominingcorp
• Facebookfacebook.com/stgeorgesplatinum
• LinkedInlinkedin.com/company/st-georges-eco-mining-corp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

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 St-Georges Eco-Mining