By Johannes Kotilainen
Mining is
required to produce almost every good on the market. Even renewables require
materials that must be mined. Minimizing the environmental impact and
maximizing the profits from a mine is part of bringing sustainability to the
mining industry. Efficient use of materials means less waste, more profit and
less damage to the environment. STT
Enviro Corp. (TSXV: STT),
with a market cap of about $11 million, is an environmental engineering company
that provides cost effective, incremental, environmental improvements to
traditional industrial products.
STT Enviro
Corp. creates systems that are used to clean up water and control air
emissions, from the bulk storage of the required materials to the computer
systems controlling the conveyer belts. These systems are used internationally
in a variety of industries.
The company’s
two groups: STT Enviro Corps Systems and Solutions, and STT Enviro Corps Tanks
and Industrial, both work to lower clients’ environmental footprint in a cost
effective way. Its Systems and Solutions group provides systems to neutralize
pollutants created in the ore and oil recovery process and aftermarket services
that include chemical optimization to lower customer’s costs and carbon
footprint. Its Tanks and Industrial division provides bolted tanks, with a
smaller environmental footprint for both dry and liquid storage.
Recently,
STT signed a three-year cooperation agreement with Metso Minerals to become
their exclusive supplier of the VERTIMILL® lime slaker systems in North,
Central, and South America. This patented system is a one-step system with
minimal maintenance that produces a superior slaker. Lime slaker is used to
neutralize the acidic water that is leftover from the ore extraction process
and is required before water can be discharged or recycled back into the
system.
STT’s President
and CEO, David Deacon, stated that this exclusive agreement provides them the
opportunity to expand their geographic reach, and continue to supply customers
with the best lime slacking systems for their operations, wherever they are
located. All of this further solidifies their leadership in bringing
sustainable solutions to the mining industry, and will continue to help the
mining industry meet its ever rising standards for efficiency and ecological
impact, while improving profits.
All of
which has seemed to benefit STT Enviro Corp., which has seen a steady increase
in its gross margins during the past four years as well as a steady rise in net
income during the last three. STT also had a record order backlog of $31.2
million as of September 30, 2014.
STT Enviro’s
stock price, meanwhile, is off to a stellar start in 2015, soaring 67% to its
recent price of $0.30. The company has about 36.1 million shares outstanding.
Find out why
sustainability is important in business and investing: http://www.smallcappower.com/posts/why-sustainability-is-important-in-business-and-investing-johannes-green-investing
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