NovX21 (TSXV:NOV) is positioned for success as its innovative technology is well-matched to the emerging demands of the PGM recycling industry. NovX21’s commercial plant is set to process material from large recyclers of catalytic converters and e-waste.

As quoted in the article:

An independent research group is calling for the PGM recycling industry to be worth $9 billion by 2018, with the European and North American markets leading the way and Japan and emerging countries preparing for very fast-growing new automobile production in Asia Pacific. Globally, there should be close to 100 million new cars being produced by 2017.

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