Altair International Corp. provided an update on its previously announced partnership with St-Georges Eco-Mining Corp. On December 1, 2020 the two companies entered into a Binding agreement that would allow Altair access to St-Georges' patent-pending Lithium processing technology for Altair's Nevada based Stonewall project and most importantly bring together the two companies to jointly develop a patentable industrial scale process for Electric Vehicle Lithium-ion battery (LIB) recycling.

Altair and St-Georges recognize that new optimized recycling technologies will offer valuable solutions to both a waste-management and battery metal supply. Selective, economic and responsible metal extraction of spent LIBs will be an integral part of the multi-billion dollar green economy and play a crucial part in the future of EV dominance of the automotive sector. At present two companies are working diligently to complete a long-form partnership agreement before the end of the month.

As well, St-Georges has named Paul Pelosi, Jr, a member of Altair's Advisory Board, to the position of President of EVSX Corp, the subsidiary that St-Georges has dedicated to the development of recycling technology program.