St-Georges's EVSX forms battery JV in Quebec

Executive Summary

• EVSX Corp., a wholly owned subsidiary of St-Georges Eco-Mining Corp., has entered into a joint venture with Voltrinov to evaluate, repurpose, and process end-of-life electric vehicle (EV) and micromobility batteries.
• The partnership leverages Voltrinov’s technical expertise for battery assessment and dismantling in Quebec, while EVSX handles processing at its Thorold, Ontario facility to produce black mass.
• The joint venture aims to address regional capacity constraints in Quebec and Eastern Canada, support a closed-loop circular economy, and create new full-time positions.

Key Details

• Parties Involved: EVSX Corp. (subsidiary of St-Georges Eco-Mining Corp.) and Voltrinov (regenerative energy company).
• Operational Roles:
  • Voltrinov: Provides technical expertise to assess batteries for repurposing; discharges and dismantles end-of-life batteries at its St-Bruno-de-Montarville, Quebec facility.
  • EVSX: Processes end-of-life batteries at its Thorold, Ontario facility via shredding and material separation to produce black mass.
  • Refining: Black mass is processed at Voltrinov’s hydrometallurgical refining facility in Quebec to produce battery-grade minerals for reintroduction into the supply chain.
• Strategic Objectives:
  • Expand repurposing evaluation and processing capacity.
  • Strengthen participation in Quebec's battery ecosystem and circular economy.
  • Address regional capacity constraints following the withdrawal of other battery processors serving Quebec and Eastern Canada.
  • Enable access to government support programs for advancing circular battery value chains and critical minerals recovery.
• Facility Capabilities:
  • EVSX (Thorold, Ont.): Operates a state-of-the-art multichemistry battery processing line with a capacity of 10,000 metric tons per year. Holds relevant regulatory permits and a three-year battery supply agreement with its primary supplier.
  • Voltrinov (St-Bruno-de-Montarville, Que.): Operates a 16,000-square-foot facility for repair, refurbishment, and recycling. Developed diagnostic tools for battery state of health assessment.
• Financial/Grant Context: Voltrinov’s industrial process train was developed through a $1.35-million Reseau MCS grant from the Quebec Metal Transformation Research and Innovation Consortium.

Notable Quotes

• Ian C. Peres, President and CEO of EVSX: "The battery recycling market has seen a recent reduction in processing capacity serving Quebec and Eastern Canada. This joint venture combines the processing strength of EVSX with the solid technical expertise of Voltrinov in the evaluation of repurposing and second-life deployment opportunities and ultimate processing of end-of-life batteries."
• Jean Jacques Le Roy, President of Voltrinov: "This joint venture is a concrete step to strengthen Quebec's circular economy in battery processing. By combining Voltrinov's expertise with EVSX's processing capacity, we can keep more end-of-life batteries managed locally and responsibly, while supporting Quebec objectives, with volumes continually growing."