VANCOUVER, British Columbia, Dec. 11, 2018 (GLOBE NEWSWIRE) -- EnviroLeach Technologies Inc. (the “Company “or “EnviroLeach”), (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE) is pleased to provide the following corporate update:
We are pleased to announce that the EnviroLeach Board of Directors has approved the funding and commencement of Phase 2 of the Vancouver facility development. This phase includes the development of version 2.0 of chemical treatment plant.
This phase of the plant will consist of the continuous chemical treatment of the organic/light fraction produced by the current concentrate line, followed by secondary density separation, proprietary attrition scrubbing, agitation, dissolution of the metals into aqueous solution, solid/liquid separation and finally the extraction of the precious metals from the pregnant solution. The barren solution is then regenerated and reused. The resulting dried tailings will be shipped to our partner and will be repurposed in the manufacturing of cement products.
Many improvements and enhancements have been made to the chemical formula and processes leading to a significantly reduced leach cycle time, lower chemical consumption and improved recoveries.
The entire process operates in a near zero environmental footprint with no landfilling of waste, no atmospheric off-gassing and no water effluent. This results in the most economic and ecologically friendly Printed Circuit Board “PCB” recycling process in the world.
The anticipated completion date of Phase 2 is estimated for Q2 2019.
Duane Nelson, CEO, states; “Following the successful launch of the dry concentrate line in our Vancouver facility, the next step is to develop our chemical treatment line. This exclusive process will allow us to maximize the recovery of precious metals from the organic/light fraction following concentration. This improved process is similar to the existing Memphis facility but will now run as a continuous process which reduces the size of the plant considerably, increases throughput, streamlines both the operation and efficiencies.
The completion of this plant will also allow us to showcase and demonstrate our complete proprietary and environmentally friendly solution to current and future potential partners in the OEM, recycling, smelting and refining industries.”
Improved Economic and Environmental Benefits
The commercial, socioeconomic and environmental benefits and advantages of the EnviroLeach enhanced process are significant. They include:
A 70% + reduction of PCB materials going to smelters/refiners
A 93%+ reduction of organic materials going to smelters/refiners, significantly reducing carbon emissions
The upgrading of metals to smelters/refiners which increases the payable metals content
The only cost-effective domestic solution to the treatment of low-grade PCB based E-waste
The capital investment for the process plant is comparatively low, both phases of the Vancouver facility is projected to cost $4 million USD with a designed capacity of 20 tonnes of PCB per day. This plant offers the exclusive ability to concentrate low-grade boards without loss of precious metals in the organic/light fraction and produce a high-grade metal, low-grade organic based concentrate appealing to all smelters and refiners.
The expansion of the E-waste business further capitalizes on the corporate plan to decrease the risk profile by building a multifaceted revenue model that includes contributions from both the mining and E-waste industrial sectors.
