- Business
- BacTech Environmental Corporation, founded in 2010 and headquartered in Toronto, Canada, develops and commercializes proprietary bioleaching technology to remediate toxic mining waste, recover valuable metals including gold, silver, nickel, cobalt, and copper, and stabilize contaminants such as arsenic; the company offers tailings reprocessing, arsenic stabilization, and production of clean critical metals alongside by-products like high-purity magnetite for green steel, ammonium-sulphate fertilizer, and inert construction materials via its patent-pending Zero-Tailings process. Operations target legacy mine tailings and arsenopyrite-bearing concentrates in regions including Ecuador's Tenguel-Ponce Enriquez area through small mining partnerships for a planned 50-tonne-per-day bioleach plant producing up to 35,000 ounces of gold annually in Phase 1, Canada's Sudbury Basin for critical minerals recovery in partnership with MIRARCO and Laurentian University, and Peru's Trujillo area for gold, copper, and silver reprocessing. The technology employs naturally occurring bacteria to oxidize sulphides, eliminate acid rock drainage, and generate zero waste, outperforming conventional methods like pressure oxidation and roasting in cost, emissions, and scalability. Recent developments include a definitive royalty purchase agreement in October 2024 with Silver Crown Royalties for 90% of silver processed at the Ecuador facility, providing minimum annual payments equivalent to 35,000 ounces for ten years post-commercial production; convertible debenture restructuring in November 2025 to strengthen the balance sheet and reduce debt; a redesigned corporate website launch in November 2025 to enhance investor relations and brand identity; appointment of Brett Whalen to the board in late 2025; and ongoing pilot advancements in Sudbury with Ontario government grants, alongside patent filings for pyrrhotite tailings treatment. BacTech trades on the Canadian Securities Exchange under ticker BAC.CN, with global listings including OTCQB:BCCEF, and focuses on sustainable mining solutions serving governments, communities, miners, and operators across Latin America and North America.