Altair International Corp (ATAO)

[Crack_Me_Up]

ATAO and SXOOF selected site for their EX Battery Recycling Plant. The Letter of Intent received on February 16, 2021, from Innovation & Dévelopment Manicouagan underlines the local community’s support for the installing of St-George's first battery plant. St-Georges has identified a specific site for the recycling battery plant, which is already permitted for similar types of operations. Innovation & Dévelopment Manicouagan proposes defining the parameters of the study to encompass all the financial, strategic, technical, and environmental aspects of the project. The partners expect to initiate work on the study by mid-March. Furthermore, they will assist the company in all of its negotiations and permitting process with the provincial and local governments.
Paul Pelosi Jr., President of St-Georges wholly owned EV battery recycling subsidiary, EVSX Corp, commented: “Innovation & Dévelopment Manicouagan’s intent to partner with St-Georges to complete this feasibility study, validates our initiative to recover and recycle key materials from EV batteries in an ecologically sound manner. The team at St-Georges has done an outstanding job of pulling everything together expeditiously … we are purposefully setting a fast pace, now and in the future, for the development of our battery recycling technology.”


ATAO, St-Georges and EVSX expect to update their shareholders regularly as the project and the final technological development updates are becoming available.


https://webfiles.thecse.com/SX_Press_Release_-_February_17_2021_-_EVSX_Lauch_Study_for_Electric_Vehicule_Battery_Plant_in_Baie-Comeau.pdf?3j1S3u7RxG2BU9eMk19zIpnj45FRbYzB