- EnviroGold Global (ESGLF, Financial) advances its proprietary NVRO Process for metals recovery from mine waste.
- The company plans to scale its license-based business model, targeting substantial tailings deposits worldwide.
- Projected recurring revenue of at least US$12 million annually per license agreement over an eight-year average project lifespan.
EnviroGold Global (ESGLF), a clean technology company, has made significant progress in its NVRO Process, a proprietary technology designed to recover metals economically from mine waste. The company has developed a scalable, license-based business model aimed at tailings deposits exceeding 5 million tonnes with a minimum of US$350/tonne in metal value.
Strategic partnerships with industry leaders such as the Andritz Group and Fraser Alexander have been established to optimize process efficiency and enhance project delivery capabilities. EnviroGold expects to sign its first license contract within the next nine months and plans to add two new agreements annually for the following two years, scaling up to four per year thereafter. Each agreement is projected to generate at least US$12 million in annual recurring revenue over an average project life of eight years.
The company has identified more than US$225 billion in target customer tailings suitable for processing using its proprietary technology and is currently validating two customer tailings at its demonstration plant in Perth, Australia. This advancement positions EnviroGold to capitalize on the growing demand for strategic metals and heightened environmental regulations, supporting a sustainable pathway to extract value from mine waste.
