Since our last update, a number of events have brought us closer to funding. Having terminated our agreement with 350PPM, in September 2024 we received a letter of engagement from an FCA-regulated international commercial finance firm, to raise £10.5 million convertible debt. Subject to the completion of their due diligence, which is currently in progress, a binding offer is hopefully imminent, and this will enable us to move to the next stage of commercialisation and we will begin a phased approach to bring our technology to the UK: Our strategic plan for a minimum of six industrial waste sites and deployment of [...]
Read MoreWhile the primary focus is on reducing landfill usage through waste diversion and increased taxation, specific policies or large-scale projects dedicated to reclaiming existing landfill sites are not prominently featured in current government strategies. The emphasis remains on minimising future landfill dependency and enhancing recycling and waste processing capabilities. In summary, the UK's 2025 outlook on landfill reclamation centres on reducing landfill use through regulatory measures, financial disincentives, and technological innovations, with less emphasis on reclaiming existing landfill sites. That said, the challenge of landfill reclamation in the UK is very much an opportunity. By adopting a strategic and innovative approach, the [...]
Read MoreWishing you all a happy New Year! We’re looking forward to achieving some key milestones in the year ahead and have set out our key objectives as follows: • To establish GreenMine as a leader in the waste-to-energy sector • Launch our emissions-free waste carbonisation technology • Reduce greenhouse gases • Replace incineration with waste carbonisation • Reduce reliance on landfill sites • Reclaim historical landfill sites and repurpose them for residential, industrial or recreational use • Recycle by converting waste to bioenergy • Recover REE (rare earth elements)
Read MoreThere has been widespread positive media coverage following the announcement that new waste incinerators will only receive planning approval if they meet strict new local and environmental conditions. Numerous media outlets including BBC Online, Independent, Daily Mail, Morning Star and Dorset Echo covered the announcement, which marks a significant step in the government’s approach to dealing with waste in a way that works for communities, is fit for the future, and delivers on the Plan for Change. Throughout the last 14 years, England has seen recycling rates stall, meaning too much waste is dealt with through incineration and landfill. Almost half of [...]
Read MoreUn-reclaimed landfill sites in the UK present several challenges, including: Environmental concerns Leachate contamination: Toxic leachate from decomposing waste can infiltrate groundwater and surface water, posing risks to ecosystems and human health. Methane emissions: Decomposing organic waste generates methane, a potent greenhouse gas contributing to climate change. Soil contamination: Hazardous chemicals and heavy metals can render the surrounding soil unsuitable for agriculture or development. Public health and safety Air quality issues: Gases emitted from decomposing waste can degrade air quality, causing odour problems and respiratory issues. Pest infestations: Unmanaged sites can attract rodents, birds, and insects, posing public health risks. Regulatory and financial [...]
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