Paul Pelosi Jr. to Head St-Georges Eco-Mining's New EV Battery Recycling Venture
Montréal -- January 20, 2021 -- NewsGenie -- St-Georges Eco-Mining Corp. has appointed Paul Pelosi, Jr. as a Director and President of its new subsidiary, EVSX Corp., which will focus on electric vehicle battery recycling and lithium mineral resource development. Pelosi's experience in green technology and environmental regulation will be crucial in advancing St-Georges' lithium processing and EV battery recycling technologies.
St-Georges and Altair International are collaborating on metallurgical solutions for recycling lithium and other metals from EV batteries, aiming to finalize an agreement soon.
Pelosi's background includes serving as President of the Environment Commission in San Francisco, where he developed policies for recycling, environmental justice, and climate change. His experience encompasses investments, banking, sustainable real estate, and corporate governance, with a focus on advancing technologies while supporting stakeholders.
EVSX Corp. will manage research and development, patents, and intellectual property from the joint venture with Altair International. Altair has the option to acquire 49.99% of EVSX's common shares through stock issuance and milestone payments.
The initial board and management of EVSX include Paul Pelosi Jr. as Director & President, Mark Billings as Director & CFO, Vilhjalmur Thor Vilhjalmsson as Director, and Enrico Di Cesare as Director & CEO.
Vilhjalmur Thor Vilhjalmsson, President and CEO of St-Georges Eco-Mining, expressed excitement about expanding the company's environmental commitment to EV battery recycling, citing Pelosi's track record in promoting green technologies.
St-Georges is committed to delivering results on its business initiatives and keeping shareholders informed of developments.
St-Georges is developing technologies to address environmental issues in the mining industry, with mineral tenures in Iceland and exploration projects in Quebec.