Extracting silver from solar panels. (Source: Microsoft Copilot. Generated by AI)
  • RZOLV Technologies (TSXV:RZL) achieved 89.8 per cent silver recovery rates in two preliminary bench-scale hydrometallurgical tests on solar panel concentrate, opening the door for a potentially high-value revenue source
  • The clean technology company is advancing processes to recover precious and critical metals from ores, concentrates and renewables
  • RZOLV Technologies stock has given back 2.22 per cent since listing in October 2025

RZOLV Technologies (TSXV:RZL) achieved 89.8 per cent silver recovery rates in two preliminary bench-scale hydrometallurgical tests on solar panel concentrate, opening the door for a potentially high-value revenue source.

The tests, conducted by ALS Laboratories, used material grading about 977 grams per ton of silver, improving the company’s previous record for time-to-recovery from four hours to one hour thanks to a higher reagent dosage, offering a strong basis to define the recycling and recovery process at greater scale.

Test results summary

Test description15 min45 min1 h4 hFinal recovery (%)Final residue (ppm)
Standard dosage20.4%45.0%55.6%81.3%89.8%111.0
2× dosage55.5%79.4%82.2%82.8%89.8%110.0
(Source: RZOLV Technologies)

According to Wednesday’s news release, solar panel waste could reach 60-78 million tons by 2050, representing more than US$15 billion in recoverable value, with technology standing as one of the main barriers to entry, placing RZOLV front-and-centre as a potential partner to jumpstart this segment of the renewable energy supply chain.

Management commentary 

“These early results are encouraging because they show high silver recovery alongside materially improved kinetics under practical agitated conditions,” Duane Nelson, president and chief executive officer of RZOLV Technologies, said in a statement. “Photovoltaic (PV) recycling economics increasingly depend on recovering the highest-value fractions efficiently. While these are preliminary bench-scale results, the data support proceeding with structured follow-on work to define the operating window, quantify consumption behaviour and evaluate downstream recovery and solution recycle performance.

About RZOLV Technologies

RZOLV is a clean technology company advancing hydrometallurgical processes to recover precious and critical metals from ores, concentrates and renewables, while avoiding the toxicity, permitting burden and legacy liabilities associated with conventional cyanide-based extraction.

RZOLV Technologies stock (TSXV:RZL) is unchanged trading at C$0.44 as of 9:57 am ET and has given back 2.22 per cent since listing in October 2025.

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