Sky Quarry applies for shingle recycling permit

Sky Quarry Inc., based in Woods Cross, Utah, has filed a Waste Management Recycling Permit application with Utah regulatory agencies as a step forward in building an oil sands extraction and scrap asphalt shingle processing facility.

If approved, the permit would allow Sky Quarry to operate the combined oil sands extraction and waste asphalt shingle recycling facility in Woods Cross at a facility it calls its PR Spring site.

The Nasdaq-listed company is an integrated energy solutions company "committed to revolutionizing the waste asphalt shingle recycling industry” and as focusing on unlocking new commercial pathways and expanding revenue-generating operations.

The permit application has been accompanied by a request to the School and Institutional Trust Lands Administration (SITLA), a Utah state agency responsible for managing trust lands on behalf of public education, for approval of a combined permit structure.

The combined permit would allow Sky Quarry and its wholly owned subsidiary, 2020 Resources, to consolidate shingle processing, heavy oil extraction and asphaltic sand production under a unified sustainable waste energy development plan.

Sky Quarry lists several operational aspects of the proposed plant, including: commercialization of approximately $1 million in asphaltic sand inventory; deployment of its ECOSolv process to support onsite heavy oil extraction; continued R&D advancement of recycled product development through; and the demonstration of scalable remediation methods applicable throughout the United States.

The company expects combined recovery of approximately 10 million barrels of oil products during a 15-year period from petroleum extracted from oil sands and scrap asphalt shingles. Those figures, according to Sky Quarry, are based on the PR Spring facility reaching its operating capacity of 2,000 barrels per day.

“This is a critical step in scaling our waste-to-energy platform and creating multiple revenue streams from a single operational footprint,” Sky Quarry CEO David Sealock says. “It will allow us to showcase how our blended recycling and extraction model functions at a commercial level.

“This application and lease proposal reflects our continued progress toward developing scalable, commercially viable solutions that we believe align with Utah’s economic and environmental priorities. We look forward to working closely with SITLA and state regulators to move this vision forward.”