St-Georges Eco-Mining Reports First Profitable Period with Battery Processing Revenues
December 1st, 2025 4:54 PM
By: Newsworthy Staff
St-Georges Eco-Mining Corp. achieved a significant financial turnaround with its first-ever profitable six-month period, driven by initial revenues from battery processing operations and reduced operating losses, marking a pivotal step in its transition to commercial operations.

St-Georges Eco-Mining Corp. announced improved financial results for the six months ended September 30, 2025, reporting a net income of $56,346 compared to a net loss of $1,427,171 during the same period in 2024. This marks a significant financial turnaround for the company. The results were driven by the first-ever operating revenues generated from battery processing activities at its subsidiary EVSX Corp., which recorded $55,873 in revenue from its Thorold, Ontario facility. The facility, which includes one multi-chemistry processing line and one specialized circuit, operated intermittently during the period and maintains a full inventory of batteries awaiting processing, supported in part by feedstock partnerships including Call2Recycle.
The company's total assets stood at $29,498,376, with shareholders' equity at $22,626,732. Operating losses were reduced compared to prior periods, indicating improved operational efficiency. Additional developments include St-Georges Metallurgy Corp. recording revenues of $31,500 in October and $8,180 in November 2025 from the sale of residual materials generated by legacy research and development initiatives. At the Manicouagan Project, a new high-grade nickel-copper-PGE target zone was identified and disclosed in November 2025, potentially enhancing the company's exploration portfolio.
The interim financial statements and Management's Discussion and Analysis for the six months ended September 30, 2025, are available on SEDAR+ at https://www.sedarplus.ca. This financial improvement is crucial as it demonstrates the company's transition from research and development phases to generating commercial revenue, particularly in the strategic battery recycling sector, which is increasingly important for the green economy. The results validate the operational potential of EVSX's processing unit and provide a foundation for future growth in critical mineral processing and recycling initiatives.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
