Core Insights - Sustainable Green Team, Ltd. (SGTM) has formed a world-class advisory team focused on waste-to-energy solutions to meet the increasing power demands of AI technologies and cryptocurrency operations while reducing greenhouse gas emissions [1][2] - The advisory team consists of experts in biomass conversion, carbon capture, and renewable energy systems, aiming to transform organic waste into renewable energy [2][3] - SGTM's initiative is timely, as global demand for sustainable energy solutions is rising due to climate challenges and the rapid growth of AI and crypto infrastructure, with data centers projected to consume up to 12% of U.S. electricity by 2028 [3] Company Initiatives - The first project of the advisory team will be a pilot waste-to-energy facility in Florida, expected to begin construction in Q1 2026, which will generate clean biogas for powering AI servers and cryptocurrency mining rigs [3] - SGTM aims to expand its portfolio to include Regen Tech Hubs waste-to-energy facilities, building on its existing strengths in organic waste processing and eco-friendly product manufacturing [2][3] Industry Context - The energy demands of AI and cryptocurrency sectors are projected to surge by 350% by 2030, highlighting the need for innovative waste-to-energy solutions [2] - The initiative aligns with the growing trend of transforming landfills into clean energy hubs, significantly reducing methane emissions while providing zero-carbon power for digital operations [2][3]

Core Insights - China's abandoned open-pit mines, referred to as "earth scars," are being recognized as potential sources of renewable energy, specifically solar power, according to a recent article in the journal Nature [3][4] - The total area of these abandoned mines globally is approximately 48,000 square kilometers, which is larger than several small European countries [4] - If solar panels were installed in these mines, they could generate 4,764 terawatt-hours (TWh) of electricity annually, equivalent to ten times the total global solar capacity installed in 2018, potentially meeting global electricity demand by 2050 [4] Industry Potential - China has the highest number of these abandoned mines, positioning it as the leading player in the future energy treasure hunt, with significant potential for solar energy generation [4][6] - Other countries like the United States, Australia, and Russia also have potential, but China's vast territory and rich mineral resources give it a competitive advantage [4][6] - The transition from these "ugly" mining sites to energy centers could create numerous job opportunities, revitalizing areas that have suffered from resource depletion [6][8] Future Outlook - The successful implementation of solar energy in these mines depends on the reduction of clean energy technology costs, with predictions suggesting that large-scale "mine power stations" could emerge by 2030 if costs decrease significantly [6] - The complexity of the situation in Asia, where many mines are located, requires careful planning and categorization for effective repurposing [6][8] - The transformation of these industrial relics into energy sources represents a hopeful future, alleviating concerns over ecological protection and geopolitical issues related to energy station construction [8]

Core Viewpoint - Sky Quarry Inc. reported a 35% increase in revenue for Q2 2025 compared to Q2 2024, driven by operational improvements and regained supply volumes, despite a 24% decrease in revenue for the first half of 2025 compared to the prior year [3][9]. Financial Performance - Revenues for Q2 2025 were $4.54 million, up from $3.38 million in Q2 2024, marking a 35% increase [3]. - For the first half of 2025, revenues totaled $10.87 million, down from $14.33 million in the same period of 2024, reflecting a 24% decrease [3]. - Gross profit for Q2 2025 was a loss of $117,529, an improvement from a loss of $485,589 in Q2 2024, showing a positive change of $368,060 [4]. - The gross profit for the first half of 2025 was a loss of $843,060, compared to a profit of $83,860 in the prior year, indicating a decrease of $926,920 [4]. - Total operating expenses for Q2 2025 were $1.62 million, up from $0.97 million in Q2 2024 [5]. - The net loss for Q2 2025 was $2.21 million, an improvement from a net loss of $3.56 million in Q2 2024 [5]. - For the first half of 2025, the net loss was $5.54 million, compared to $6.03 million in the same period of 2024 [5]. Cash Flow and Assets - Net cash used in operating activities for the first half of 2025 was $0.73 million, significantly lower than $2.60 million in the prior year [6]. - As of June 30, 2025, total assets were $22.80 million, down from $26.95 million at the end of 2024 [11][12]. - Current assets decreased from $4.99 million at the end of 2024 to $3.20 million as of June 30, 2025 [11]. - Total liabilities decreased from $15.45 million at the end of 2024 to $14.94 million as of June 30, 2025 [12]. Strategic Initiatives - The company unveiled a strategic growth plan to ramp operations at the Foreland Refinery to its full permitted production capacity of up to 800,000 barrels per year [9]. - An application for a recycling permit was submitted to develop an integrated energy facility in Utah, aimed at recovering valuable oil from waste asphalt shingles [9]. - A strategic digital asset initiative was launched to explore the tokenization of real-world energy commodities, aiming to open new market channels [9].

Core Insights - Sky Quarry Inc. reported financial and operational results for Q1 2025, highlighting ongoing challenges and strategic initiatives in the waste asphalt shingle recycling industry [1][8]. Financial Performance - Total revenues for Q1 2025 were approximately $6.3 million, a decrease from $11.0 million in Q1 2024, primarily due to supply chain disruptions and lower commodity prices [8][11]. - Gross profit for the quarter was negative $726,000, compared to a gross profit of $569,000 in the prior-year period [9]. - The company reported a net loss of $3.3 million for Q1 2025, compared to a net loss of $2.5 million in the same period last year [11][19]. Operational Highlights - The company experienced a 50% increase in revenue from Q4 2024 to Q1 2025, driven by operational improvements at the Foreland Refinery [5][10]. - Engagement with TAR360 aims to optimize operations at Foreland, with a goal to increase throughput from 20,000 barrels per month to as much as 100,000 barrels [6]. - The company signed non-binding Letters of Intent with Southwind RAS and R & R Solutions to explore partnerships that could expand its geographic footprint and access over 1.5 million tons of asphalt shingle supply annually [4][10]. Strategic Initiatives - The company is focused on executing its waste-to-energy strategy, converting recycled asphalt shingles into sustainable fuels and valuable materials [3][4]. - Asset upgrades at PR Spring are nearing completion, which will enable commercial-scale output and activate a fully integrated production model [3]. - The company is positioned to meet growing fuel demand in the Western U.S., particularly as California's refining capacity is expected to decline by 21% due to facility closures [7].