NovX21’s strategy is focused on vertical integration with refiners and partners who can supply large volumes of catalytic converters. NovX21 uses a new patented chlorination technology to quickly and ecologically recover precious metals from recycled materials. The technology transforms PGE-rich materials into a highly-concentrated metallic powder in just a few days, recycling over 97% of PGM content. The product is sent to a refiner to be separated into the three most important precious metals from the Platinum Group: platinum, palladium and rhodium.
