The Manganese Battery Hill Project in New Brunswick, Canada
Celebrates
Elon
Musk Tesla Battery Day
Martin
Kepman
Elon
Musk Battery Day
"We
are excited about Tesla's battery day here at Battery Hill," said
Martin Kepman,
CEO of Manganese X Energy. "Tesla's Million-Mile Battery is being
talked about in EV and Battery circles. Jeff Dahn
and
his team have come up big for Tesla recently with electrolyte
solutions and new studies that show revolutionary energy density
measures. We believe manganese has the X factor for EV batteries:
low cost, high energy density, and long battery life."
Manganese X Energy Corp. MNXXF
The
Future - Manganese-Reliant Battery Technologies
Toronto, Canada
-- September 21, 2020 -- InvestorsHub NewsWire -- via Manganese X
Energy Corp. (TSXV:
MN)(FSE: 9SC2)(OTC:
MNXXF), A Canadian
company's 100%-owned Battery Hill property near Woodstock, NB,
waits to learn the news of Elon
Musk's
predictions, Tesla visionary, as he rolls out his future plans and
ideas on replacing cobalt with manganese.
"We
are excited about Tesla's battery day here at Battery Hill," said
Martin Kepman,
CEO of Manganese X Energy. "Tesla's Million-Mile Battery is being
talked about in EV and Battery circles. Jeff Dahn
and
his team have come up big for Tesla recently with electrolyte
solutions and new studies that show revolutionary energy density
measures. We believe manganese has the X factor for EV batteries:
low cost, high energy density, and long battery life."
A Lesson on the Cobalt-Free Battery
To
help the public understand the advantages of manganese over cobalt
for electric vehicles, we have put together a list of its
benefits.
According to a
University of Austin source published in Science News on July 16,
2020, "For decades, researchers have looked for ways to eliminate
cobalt from the high-energy batteries that power electronic
devices, due to its high cost and the human rights ramifications of
its mining. But past attempts haven't lived up to the performance
standards of batteries with cobalt." "Researchers from the Cockrell
School of Engineering at The University of Texas-Austin say they've
cracked the code to a cobalt-free, high-energy lithium-ion battery,
eliminating cobalt and opening the door to reducing the costs of
producing batteries while boosting performance in some ways. The
team reported a new class of cathodes — the electrode in a battery
where all the cobalt typically resides — anchored by high nickel
content. The cathode in their study is 89% nickel. Manganese and
aluminum make up the other key elements. More nickel in a battery
means it can store more energy. That increased energy density can
lead to longer battery life for a phone or greater range for an
electric vehicle with each charge." When high grade, high-purity
manganese is used as a primary cathode material in lithium-ion
manganese batteries or NCM batteries, it offers high performance.
While manganese is an essential ingredient in steel, the demand for
nickel-metal hydride (NiMH) electric vehicle batteries and
lithium-ion (Li-ion) batteries will be the catalyst for this
metal.
Is Manganese the Clear Choice of the Future?
Manganese
dioxide is a key element in the manufacture of the most promising
types of lithium-ion batteries, which will power the world in the
future.
They
are the most promising because of their superior storage capacity,
safety and cost.
Furthermore,
demand for manganese will rise as it is increasingly used in
rechargeable batteries for consumer electronics, electric and
hybrid electric vehicles and clean energy storage for solar, wind
and tidal systems.
According
to Wajd
Boubou,
president of Giyani Metals, "Roskill
forecasts that manganese demand, just from lithium-ion batteries,
will grow at a compounded annual rate of 23% from now until
2027."
Besides, Tesla
and other companies are also looking into other battery
options.
Boubou
also
writes, "LG Chem
uses
a 3M patented formulation of NMC and supplies its cells for use in
the Chevrolet Volt and Nissan Leaf.
BMW
i3 also uses NMC batteries.
General
Electric, on the other hand, has selected the LMO battery as the
best balance for safety and performance."
The Future - Manganese-Reliant Battery Technologies
With
more carmakers committing to make a large proportion of their
product line electric in the coming years, battery metals are in
the spotlight, and manganese is finding a solid place in the race
to provide battery technology.
Supply will be a
significant factor in the shift towards manganese-reliant battery
technologies, as it will drive the cost of the battery pack down
and bring the total cost of owning a battery-powered electric
vehicle closer to that of owning an internal combustion engine
vehicle. A Financial Post
article shares that manganese is predicted to become a more than
US$30B market in rechargeable lithium-ion batteries by 2020,
according to Taiyou
Research.
"Our
company and leadership have been at the forefront with the intent
of supplying value-added materials to the lithium-ion battery and
other alternative energy industries.
In
addition, our company is striving to achieve new methodologies
emanating from environmentally and geographically ethical and
friendly green/zero emissions, while processing manganese at a
lower competitive cost," says Martin
Kepman, CEO and Director.
We
have also added Dr. Josef Daniel-Ivad,
an authority in the field of alkaline manganese-zinc battery
technology, to the advisory board.
Dr.
Daniel-Ivad
has
authored over 30 technical papers and contributed book chapters to
Linden's Handbook of Batteries, Besenhard's
Handbook of
Battery Materials and Elsevier's Encyclopedia
of
Electrochemical Power Sources.
Dr.
Daniel-Ivad's
work
in the field of alkaline batteries and charging technologies has
earned him over 20 patents.
To
conclude, with the rising demand for battery-powered EV's,
consumption will grow, creating more demand for manganese from the
battery sector.
About the Battery Hill Project
Manganese X
Energy Corp. (TSXV:
MN) (FSE: 9SC2)(
OTC : MNXXF) with its head
office in Montreal QC, owns 100% of the Battery Hill property
project (1,228 hectares) located in New Brunswick Canada. Battery
Hill is strategically situated 12 kilometers from the US (Maine)
border, near existing infrastructures (power, railway and
road).
It
encompasses all or part of five manganese-iron zones, including
Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield.
In his master's thesis on the Woodstock area manganese occurrences,
Brian Way (2012) reports that the area "hosts a series of banded
iron formations that collectively constitute one of the largest
manganese resources in North America, approximately 194,000,000
tonnes."
New Brunswick, Canada
514-802-1814
https://www.manganesexenergycorp.com
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Cited:
https://financialpost.com/commodities/mining/small-cap-news/manganese-x-energy-the-next-battery-generation
https://www.theassay.com/technology-metals-edition-insight/manganese-no-longer-just-an-input-on-steel/
https://www.sciencedaily.com/releases/2020/07/200716101612.htm
https://en.wikipedia.org/wiki/Manganese_dioxide
News
via: Brand
Story KISSPR Press Release
SOURCE: Manganese
X Energy Corp.