Manganese X Applauds the Electoral Approval of a Pro Environmental/ Domestic Chain Government in the US
09 Novembro 2020 - 12:28PM
InvestorsHub NewsWire
Manganese X Applauds the Electoral Approval
of
a
Pro Environmental/
Domestic Chain Government in the US
Montréal,
Québec, Canada -- November 9, 2020 -- InvestorsHub NewsWire
-- Manganese X
Energy Corp. (TSXV: MN) (FSE: 9SC2)(OTC: MNXXF ) ("Manganese" or the "Company")
Manganese
X is pleased to congratulate Joe Biden on winning the US
election.
According to a
Financial Post article:
"Joe Biden's
campaign has privately told U.S. miners it would support boosting
domestic production of metals used to make electric vehicles,
solar panels and
other products crucial to his climate plan, according to three
sources familiar with the matter, in a boon for the mining
industry."
Martin Kepman,
CEO
Manganese X
comments, "This is fantastic news for Manganese X as we possess the
only manganese
property in North America moving to commercialization. Elon Musk
has indicated that manganese will enjoy substantial and heightened
profile in Tesla's EV battery plans going forward. The intent of
Manganese X is to be a supplier of manganese to the
North American
chain for EV manufacturers. This will decrease the current
dependence on foreign imports for critical metals essential to
North American production."
Mr. Biden
plans to spend $2 trillion on EV infrastructure as well as other
green projects. This includes
building over half a million charging stations by 2030 and
restoring the full EV tax credit
A team of Bloomberg New Energy Finance analysts, led by Aleksandra
O'Donovan, shared some of their thoughts in a report that was
published last week.
"A Biden win, coupled with Democrats taking control of the Senate,
has the potential to shift the trajectory of electric vehicle
adoption for years while reversing some of the damage inflicted by
the current administration."
About Manganese X Energy Corp.
Manganese's
X
mission is
to acquire and advance high potential manganese mining prospects
located in North America 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 technologies,
while processing manganese
at a lower competitive
cost.
For more
information visit the website at www.manganesexenergycorp.com.
On behalf of the Board of
Directors of
Manganese X Energy Corp.
Martin
Kepman
CEO and
Director
Email:
martin@kepman.com
Tel:
1-514-802-1814
Cautionary
Note Regarding Forward-Looking Statements:
Neither
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of
this
release.
This news
release contains "forward-looking information" including statements
with respect to the future exploration performance of the Company.
This forward-looking information involves known and unknown risks,
uncertainties and other factors which
may cause the actual results, performance or achievements of the
Company to be materially different from any future results,
performance or achievements of the Company, expressed or implied by
such forward-looking statements. These risks, as well
as others,
are disclosed within the Company's filing on SEDAR, which investors
are encouraged to review prior to any transaction involving the
securities of the Company. Forward-looking information contained
herein is provided as of the date of this news release and
the Company disclaims any obligation, other than as required by
law, to update any forward-looking information for any reason.
There can be no assurance that forward-looking information will
prove to be accurate and the reader is cautioned not
to place
undue reliance on such forward-looking information.
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