EnviroLeach Announces Partnership with Jabil for E-Waste Processing: Mineworx Clarifies Previous News Release
01 September 2017 - 12:51AM
Mineworx Technologies Ltd., (the
"
Company" or "
Mineworx")
(TSXV:MWX) (OTCQB:MWXRF) (FSE:YRS WKN: A2DSW3) announced today that
EnviroLeach Technologies Inc. (CSE:ETI) (OTCQB:EVLLF), has entered
into a strategic global partnership with Jabil Inc. (NYSE:JBL) to
utilize the company’s patent-pending formula and processes for the
recovery of metals from circuit boards and electronic waste
(e-waste). The innovative new process will first operate at Jabil’s
650,000-sq. ft. facility located in Memphis, Tennessee.
EnviroLeach’s cyanide-free and acid-free based
chemical formula operates at ambient temperature and at near
neutral pH. The eco-friendly process helps responsibly manage the
fastest growing waste stream in the world - electronics.
Further to the news release of August 30, 2017,
EnviroLeach reports that they and Jabil are developing a 5 tonne
per day pilot plant for the processing of E-Waste at the Memphis
facility. The plant will encompass all aspects of the recycling
process, including the de-manufacturing, milling and the chemical
extraction of metals. The plant will be built in Vancouver, BC.
Jabil and EnviroLeach will be contributing to the costs of
development. The financial terms of the relationship are not
considered material at this time. As previously announced,
EnviroLeach has partnered with MineWorx Technologies on the design,
engineering and specifications and testing of this revolutionary
technology.
“Jabil is pleased to introduce this
environmentally-conscious and sustainable solution into our
extensive portfolio of capabilities,” said Eric Austermann, Jabil’s
Vice President of Social and Environmental Responsibility. “For
over 50 years Jabil has provided manufacturing and supply chain
solutions to some of the world’s largest brands. The
challenge of responsibly disposing of e-waste has persisted, until
now. With this solution, we have an opportunity to be on the
forefront of sustainably disposing of the world’s fastest growing
waste stream.”
Duane Nelson, EnviroLeach CEO, said they are
also exploring the use of the chemical formula into the recovery of
rare earth metals and the recycling of lithium ion batteries with
Jabil. “We are thrilled to partner with Jabil and feel honored that
they chose our process as the foundation to build upon,” said
Nelson. “With Jabil, we hope to expand this truly remarkable
solution globally,” Nelson concluded.
About Mineworx
Mineworx is positioned for growth through
partnerships with advanced mining and e-Waste opportunities
utilizing its licensed cyanide-free precious metals extraction
formula and patent-pending portable extraction technologies. These
three innovations will increase and enhance business opportunities
by deploying cost effective, environmentally friendly extractive
metallurgy solutions.
About EnviroLeach
EnviroLeach Technologies
(CSE:ETI) (OTCQB:EVLLF) is a science and technology company
engaged in the development and commercialization of
environment-friendly formulas and technologies for the treatment of
materials in the mining and E-Waste sectors. Using its proprietary
non-cyanide, non-acid based process, EnviroLeach extracts precious
and base metals from ores, concentrates, e-waste and tailings.
Further information is available on EnviroLeach's website:
EnviroLeach.com
About Jabil
Jabil (NYSE:JBL) is a product solutions company
providing comprehensive electronics design, production and product
management services. Headquartered in St. Petersburg, Florida,
Jabil is third-largest manufacturing services provider in the
world; operating over 100 locations in 28 countries; and serving
the healthcare, packaging, mobility and wearables, aerospace,
enterprise, digital home, point-of-sale, automotive, printing and
energy industries. Further information is available on Jabil's
website: jabil.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This press release contains certain statements
which constitute forward-looking statements or information
(“forward-looking statements”), including statements regarding
Mineworx’s business. Such forward-looking statements are subject to
numerous risks and uncertainties, some of which are beyond
Iberian’s control, including the impact of general economic
conditions, industry conditions, volatility of commodity prices,
currency fluctuations, environmental risks, operational risks in
exploration and development, competition from other industry
participants, the lack of availability of qualified personnel or
management, stock market volatility and the ability to access
sufficient capital from internal and external sources. Although
Mineworx believes that the expectations in the forward-looking
statements are reasonable, they are based on factors and
assumptions concerning future events which may prove to be
inaccurate. Those factors and assumptions are based upon currently
available information. Such statements are subject to known and
unknown risks, uncertainties and other factors that could influence
actual results or events and cause actual results or events to
differ materially from those stated, anticipated or implied in the
forward looking information. As such, readers are cautioned not to
place undue reliance on the forward looking information, as no
assurance can be provided as to future results, levels of activity
or achievements. The forward-looking statements contained in this
document are made as of the date of this document and, except as
required by applicable law, Mineworx does not undertake any
obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information,
future events or otherwise. The forward-looking statements
contained in this document are expressly qualified by this
cautionary statement.
For further information, go to www.mineworx.net
For further information contact:
MINEWORX TECHNOLOGIES LTD.
Rick Gliege, V.P. Corporate Development
250-751-3661
rick@mineworx.net
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