BacTech Environmental Corporation (BCCEF) Finansal

BacTech Environmental Corp. is an environmental technology company, which engages in the provision of biomining and remediation solutions. The company is headquartered in Toronto, Ontario. The company went IPO on 2010-12-02. The firm uses a process called bioleaching to recover metals like gold, silver, cobalt, nickel, and copper, while also safely removing harmful contaminants like arsenic. By using its proprietary method of bioleaching, it can neutralize toxic concentrates and tailings. Its technology utilizes bacteria to extract precious and base metals and has been traditionally used to treat difficult-to-treat sulfide ores and concentrates. The company plans to apply bioleaching technology to abatement and reclamation projects to remove the harmful elements, such as arsenic and sulfur from the environment. The company has identified the Ponce Enriquez area of southern Ecuador as an area where its bioleaching technology can be deployed for environmental processing of locally produced concentrates from mining and tailings reclamation. The company continues to evaluate other projects in South America and Central America.