GreenIron announced the signing of a Memorandum of Understanding (MOU) with Tellus, an Australian company specializing in advanced end-to-end solutions for managing hazardous materials. The partnership marks GreenIron’s first formal recycling agreement and represents a significant step forward in the company’s journey towards a sustainable and circular economy.
Through this collaboration, GreenIron will employ its patented fossil-free reduction technology to recycle and repurpose waste materials and by-products from the manufacturing and mining industries, including mine tailings, red mud, and other challenging materials handled by Tellus for their clients.
Edward Murray, CEO of GreenIron, commented on the agreement, “This partnership with Tellus is an important milestone for GreenIron, demonstrating our potential to play a crucial role in the recycling value chain. Our unique fossil-free reduction technology can process a wide variety of materials, turning waste and by-products into valuable, reusable resources. By reducing emissions and reintroducing recycled metals into the supply chain, we are actively contributing to a more sustainable and circular economy.”
Tellus CEO Nate Smith commented, “Tellus enables Australian businesses to start up, scale up, clean up, and drive new circular economy technologies, backed up by one of the safest places on earth for disposal of hazardous materials. Our partnership with GreenIron, through our innovation arm at Sandy Ridge Labs, will help us provide more sustainable solutions for our clients. We look forward to working together as we take concrete steps towards a greener future.”
Tellus enables Australia’s leading companies to scale their transition to the green economy in a safe, sustainable, and innovative way. They partner to deliver ESG performance and stewardship, protect shareholder value, and safeguard the corporate reputation and social licence.
With this MOU, GreenIron and Tellus are poised to drive impactful change across multiple sectors by transforming industrial waste into high-quality, recyclable metals.
The MOU highlights the strength of collaboration in addressing global environmental challenges and reinforces both GreenIron’s and Tellus’ commitment to sustainability and technological innovation.