Northwire Canada EditionSunday, October 18, 2026
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Financings

Ecolomondo Recaps a Transformational 2025

ECM · Price

Executive Summary

  • Ecolomondo reported a transformational 2025 with commercial production of recovered carbon black (rCB) and tire‑derived oil (TDO), shipping 22 truckloads of rCB (~ $800k revenue) and 15 tanker loads of TDO (~ $310k revenue).
  • The company completed two private placements raising C$1.0 M (May 2) and $500 k (June 23) and secured a C$2.0 M Export Development Canada credit facility to fund new milling equipment.
  • A binding joint‑venture agreement was signed with Spain’s ARESOL to develop four turnkey TDP facilities in Europe, and several senior appointments were made (new auditor, two directors, CTO).

Key Details

  • Production Milestones – New milling equipment delivered Jan 2025; commissioning completed Jun 2025; commercial rCB production started Jul 2025.
  • Batch Output 2025 – Q1: 17 full‑capacity batches; Q2: 33; Q3: 29; Q4: 69 (total 148 full‑capacity batches).
  • Revenue Generation – rCB shipments: 22 truckloads ≈ $800,000; TDO shipments: 15 tanker loads ≈ $310,000.
  • Joint Venture – Binding JV with Alternativas Riojanas Eólicas y Solares S.L. (ARESOL) to build four turnkey TDP plants in Europe (agreement signed Aug 2025).
  • Financing – Private placement 1: closed May 2, gross proceeds C$1.0 M; Private placement 2: closed Jun 23, gross proceeds $500 k. Credit facility: C$2.0 M with Export Development Canada (secured Jan 2025) used to purchase milling equipment.
  • Corporate Changes – ForvisMazars S.E.N.C.R.L. appointed new auditor; Frank Kelly and Véronique Laberge added to Board of Directors; Mario Mantaci, P.Eng., M.Eng., hired as Chief Technology Officer (Oct 2025).
  • Forward‑looking Outlook – Management expects “unprecedented” production growth in 2026 and continued expansion into North America and Europe.

Notable Quotes

“2025 was a transformational year for the Company. Increased production, higher revenues, and improved overall performance are very encouraging, and we are looking ahead to an unprecedented 2026.” – Eliot Sorella, Executive Chairman


Materiality Assessment: Material – Positive (significant operational ramp‑up, revenue generation, financing activities, and strategic JV that could materially affect future performance).

Read the original news release →

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