Jan. 27 at 2:59 PM
$SKYQ Quarry () announced the completion of a series of high-impact operational upgrades at its Foreland Refinery. Foreland stands as a rare energy asset in the western United States as the only permitted refinery in the State of Nevada, operating within a supply-constrained and logistically complex regional fuel market. With permitted capacity of up to 5,000 barrels per day and an estimated replacement value of approximately
$70M, Foreland represents high-barrier infrastructure that would be difficult to replicate today. The refinery supplies fuel to critical Nevada industries, including precious metals mining and lithium production. The completed upgrades significantly enhance refinery reliability, uptime, and operational readiness. As a result, Sky Quarry is now uniquely positioned to capture outsized value from tightening regional fuel markets, expand operating leverage, and convert a scarce refining asset into meaningful, durable cash-flow potential for shareholders.
