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Massive asbestos operation turns dangerous waste to valuable materials


Canadian decarbonization firm Exterra is tackling a critical environmental issue that's not talked about often: cleaning up the mineral waste left behind in asbestos mines after decades of extraction.

Canadian decarbonization firm Exterra is tackling a critical environmental issue that's not talked about often: cleaning up the mineral waste left behind in asbestos mines after decades of extraction. It's now raised CAD 20 million in a funding round to build Hub I, which it says will be the world's biggest facility for dealing with asbestos mine tailings (AMT). "With this funding, we’ll accelerate commercializing our dual-pronged platform that valorizes over 90% of minerals from asbestos residues while creating one of the shortest nickel supply chains for EV electrification in North America," said CEO Olivier Dufresne.

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