Magnum Gains Permits for Tyre Landfill Site

The approval of operational permits and licensing means that Magnum D'Or Resources subsidiary Magnum Recycling USA is now able to supply waste tyres from its 120+ acre Hudson, Colorado landfill facility to Magnum’s planned recycling facility, where rubber powders and compounds such as those the company recently tested in light truck tyres will be manufactured.

“We have accomplished significant strides during a very short period of time,” said Magnum president and CEO Joseph Glusic. “This marks the beginning of what will be a rapid expansion at our Hudson Facility. We accomplished our goal of receiving all of the necessary permits and licenses required to allow full operational activity. We can now unequivocally state that Magnum owns and operates the largest tyre landfill in the USA.”

Bryan Brammer, COO of Magnum Recycling USA, commented, “We are now working with Magnum Engineering International (MEI) and its affiliates to transform Magnum’s Tire Landfill into a World Renowned Rubber Solutions Facility. This is a major milestone for both the company and its shareholders. With approximately 400,000 tons of tyres and rubber scrap, Magnum can now rapidly accelerate its business strategy to produce high quality fine rubber powders and reactivated proprietary compounds through our strategic partnerships. The Magnum SRI Revolutionary Custom Compounds have recently made rubber recycling history by adding 20 per cent rubber recycled content to an OEM light truck tyre and still retain all the performance properties of a traditional virgin rubber light truck OEM tyre. We here in Colorado are incredibly excited to be involved in such revolutionary processes.”