Contribution: Industrial Research Assistance Program – Contributions to Firms
Regenx Tech Corp.
$80,000.00
Use of Iron Chloride to maximize extraction of Precious Metals
FY 2024-25 · 2024-11-19
Summary
The firm is focused on recycling catalytic converters but faces high chemical costs due to inefficiencies in the current process. Phase 1 of the project aims to introduce proprietary chemical reagent to promote both dilution and reutilization. The goals are to maintain 97% recovery of Pt and Pd in a diluted mother-solution and to reduce chemical costs by 40% compared to the current method that requires three leaching cycles.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Port Coquitlam|Port Coquitlam, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
878942895
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2024-11-19 | 2024-25 | $50,000.00 |
| 1 | 2024-11-19 | 2024-25 | $80,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The total amended value is 30,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 30 000 dollars.
Agreement End Date
2025-03-31
Agreement Number
1025916
Agreement Start Date
2024-11-19
Agreement Title
Use of Iron Chloride to maximize extraction of Precious Metals
Agreement Title (French)
Utilisation du chlorure de fer pour maximiser l’extraction des métaux précieux
Agreement Type
Contribution
Agreement Value
$80,000.00
Amendment Date
2025-03-12
Amendment Number
1
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
The firm is focused on recycling catalytic converters but faces high chemical costs due to inefficiencies in the current process. Phase 1 of the project aims to introduce proprietary chemical reagent to promote both dilution and reutilization. The goals are to maintain 97% recovery of Pt and Pd in a diluted mother-solution and to reduce chemical costs by 40% compared to the current method that requires three leaching cycles.
Description (French)
L’entreprise se concentre sur le recyclage des convertisseurs catalytiques, mais fait face à des coûts chimiques élevés en raison de l’inefficacité du processus actuel. La phase 1 du projet vise à introduire un réactif chimique exclusif pour promouvoir à la fois la dilution et la réutilisation. Les objectifs sont de maintenir une récupération de 97 % du Pt et du Pd dans une solution mère diluée et de réduire les coûts chimiques de 40 % par rapport à la méthode actuelle qui nécessite trois cycles de lixiviation.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Coquitlam--Port Coquitlam
Federal Riding (French)
Coquitlam--Port Coquitlam
Federal Riding Number
59008
NAICS Code
541710
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
878942895
Recipient City
Port Coquitlam|Port Coquitlam
Recipient Country
CA
Recipient Legal Name
Regenx Tech Corp.
Recipient Postal Code
V3C 1S5
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
172-2024-2025-Q3-1025916
