Market opportunity worth $45 billion could arise by recovering Off-the-road tires
According to Emissions Reduction Alberta (ERA), 20 million tonnes of rubber are used annually in the tire manufacturing sector to produce new tires. Over one million tonnes of industrial tires that are approaching the end of their useful lives are then buried on mine sites as a result of intensive use, creating environmental and operational challenges for mine operators. Circular Rubber Technologies (CRT) has developed a chemical-free devulcanization process that transforms one of the mining industry’s largest waste streams into a new valuable material. Their Rubber Reclaim product will be used to create new tires, significantly reducing the amount of virgin rubber demand and rubber ending up in landfills.