About the Guest(s):Don Weatherbee is the CEO of Regenexx, a forward-thinking organization focused on innovative precious metals recovery techniques. Transitioning from an accounting background, Don has extensive experience in the mining sector, including coal and oil sands, before joining Regenexx in 2015. His operational expertise coupled with leadership roles has equipped him with the tools to helm Regenexx's ambitious endeavors in sustainable technology and precious metal recycling.Episode Summary:In this engaging episode of "Shape the System," host Vincent Turner converses with Don Weatherbee, CEO of Regenexx, unveiling the intricacies of precious metals recycling. Exploring a world often overshadowed, Don narrates his journey from a traditional mining accountant to a sustainability-driven CEO, revolutionizing how we perceive and process precious metals from resources like catalytic converters.As the discussion unfolds, Don highlights the critical deficit in the supply of platinum group metals (PGMs), exacerbated by geopolitical issues and finite earth resources. He articulates the unique Regenexx leaching technology that mitigates environmental impact and harnesses economic potential by efficiently recycling PGMs from used catalytic converters. The conversation further delves into the significance of PGMs in global industries, the current obstacles in traditional recycling methods, and the promising innovations spearheaded by Regenexx.Key Takeaways:Precious Metals Recycling: Regenexx is pioneering a revolutionary hydrometallurgical process to recover platinum group metals from catalytic converters, spotlighting the scarcity of these critical resources.Industry Insights: The global demand for PGMs is rising, with supply already in deficit by 259,000oz annually, leading to increased focus on sustainable recycling over traditional mining.Environmental Benefits: The Regenexx method minimizes the environmental footprint associated with mining and traditional recycling, emphasizing the crucial need for earth-friendly resource recovery techniques.Economic Viability: Regenexx aims to scale operations, reflecting a significant market opportunity within the $20 billion catalytic converter industry and beyond.Strategic Expansion: Future growth plans include geographic expansion and potential international licensing, aligning with the mission to broaden sustainable metal recovery practices globally.Notable Quotes:"Precious metals are the most rare metals in the earth's crust.""Platinum and palladium are essential oxidizers and conductors used in catalytic converters and fuel cells.""Our hydrometallurgical process is transforming precious metals recovery with minimal environmental impact.""Mining alone can't meet future global demands; recycling is crucial to sustain growth.""We're at a commercial scaling inflection point, with vast opportunities ahead in sustainable recycling."Resources:Regenexx: regenexx.comCanadian Exchanges and Trading Symbols: RGX (Canada), RGXT (US)Engage fully with this episode to explore the transformative potential of sustainable precious metals recycling. Stay tuned for additional insightful content from the "Shape the System" series, where more innovative stories and thought leaders await to reshape how we consider the world around us.Shape the System is an independent podcast with support from KPMG High Growth Ventures More about KPMG High Growth VenturesScale up for success. We’re here for that.We navigate founders and their teams to the services they need to reach their next milestone. From startup to scale and beyond. No matter where you are right now, we’ll get you the help you need to drive your business forward. We help founders fully realise their potential, as well as the potential of their team and their business, by connecting them to the expertise, skills and resources they need at every stage of their growth journey.Our extensive experience in partnering with evolving businesses means that we can provide you with tailored support as well as independent and practical insights. Whether you are looking to refine your strategy, establish your operations, prepare for a capital raise, expand abroad or simply comply with regulatory requirements, we are here to help.Links:Website: About (highgrowthventures.com.au)LinkedIn: https://www.linkedin.com/showcase/kpmg-enterprise-high-growth-ventures/Contacts: highgrowthventures@kpmg.com.au
