First appearing on a reality TV show, then signing with the British Royal Mint, Canadian e-scrap startup Excir is now continuing its growth with a federal investment of nearly $1.9 million for a demonstration plant.
The funding, which amounts to $2.5 million Canadian dollars, is intended to help the company design and operate a pilot plant to demonstrate how its hydrometallurgical leaching technology can quickly remove precious metals from catalytic converters and e-scrap.
Excir’s award is part of an overall sum of over $25 million Canadian dollars granted by the federal Jobs and Growth Fund to 15 Calgary-area businesses.
In 2021, Excir was selected to work with the British Royal Mint, the U.K.’s government-owned coin producer, to extract precious metals from e-scrap for use in new coins produced by a mint in Wales.
The company got a funding boost in 2018 after appearing on “Dragons’ Den”- a CBC Television show similar to “Shark Tank” in the U.S. – and winning over $700,000.
More stories about Canada
- One processor’s take on Canada’s export rules
- EnviroMetal closes e-scrap facility, focuses on licensing
- ABS recycling facility pilot planned for Montreal