NovX21, Montreal, has signed a framework supply agreement with the Quebec Association of Auto Parts Recyclers (ARPAC) to handle and process used catalytic converters collected from members of the ARPAC.
ARPA is an organization involved in the collection and recycling of end-of-life vehicles and the sale of recycled car and truck parts. The group has 84 members in Quebec.
Under the agreement, ARPAC will be a supply partner for Novx21’s first commercial plant, which is scheduled to begin operations in 2015 in Quebec’s Thetford Mines area.
The two groups say recyclers in Quebec currently are losing the added value in catalytic converter recovery to intermediaries who purchase the catalytic converts for firms with activities outside the province.
The framework agreement was signed following negotiations between Pierre Robitaille, NovX21 chairman, and ARPAC President and CEO Simon Matte.
NovX21 operates an industrial prototype plant for the recovery of platinum group elements (platinum, palladium and rhodium) in St. Augustin-de-Desmaures, Quebec. NovX21 says its patented process has a greater than 97 yield of precious group metals.
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