Antarctic fungi species such as Metschnikowia sp., Cryptococcus gilvescens, Cryptococcus victoriae, Pichia caribbica and Leucosporidium creatinivorum can withstand extreme cold and still provide efficient biodegradation of contaminants. Due to the nature of colder, remote environments like Antarctica, usual methods of contaminant remediation, such as the physical removal of contaminated media, can prove costly. Most species of psychrophilic Antarctic fungi are resistant to the decreased levels of ATP (adenosine triphosphate) production causing reduced energy availability, decreased levels of oxygen due to the low permeability of frozen soil, and nutrient transportation disruption caused by freeze-thaw cycles. These species of fungi are able to assimilate and degrade compounds such as phenols, n-Hexadecane, toluene, and polycyclic aromatic hydrocarbons  in these harsh conditions. These compounds are found in crude oil and refined petroleum.
Some fungi species, like Rhodotorula taiwanensis, are resistant to the extremely low pH (acidic) and radioactive medium found in radioactive waste and can successfully grow in these conditions, unlike most other organisms. They can also thrive in the presence of high concentrations of mercury and chromium. Fungi such as Rhodotorula taiwanensis can possibly be used in the bioremediation of radioactive waste due to their low pH and radiation resistant properties. Certain species of fungi are able to absorb and retain radionuclides such as Cs, Sr, Eu, Pu and Am. In fact, cell walls of some species of dead fungi can be used as a filter that can adsorb heavy metals and radionuclides present in industrial effluents, preventing them from being released into the environment.