Manganese Replaces Cobalt Helping Tesla Benefit from it's New
Technology - Report by Manganese X Energy Corp
Manganese
Replaces Cobalt Helping Tesla Benefit from it's New Technology That
Moves Towards Tabless Battery Technology Increasing Energy
Capacity, Power Six-Fold While Allowing EV's to Travel
Further
Saint-Laurent,
QC, Dec. 29, 2020 -- InvestorsHub NewsWire -- The Latest
Updates from Manganese X Energy Corp.
With 2020 nearing its end, we are arriving
at the marking end of a decade. Every year at this time there are a
lot of conversations reflecting and assessing the complete year,
this moment will be unique as it will mean reviewing the previous
ten years. One of the most talked-about topics is the environment
and its condition and the probability that we are heading towards a
catastrophic situation. The environmental depletion of resources is
crossing all borders and boundaries. Large corporations and
industries are often blamed for it. There is a general consensus
within the scientific community that if big business continues to
ignore the plea to protect the environment over the pressure to
maintain an ever increasing rate of profits to deliver shareholder
dividends, then everyone will be in for a rough
go.
However, amidst the chaos, this decade has
witnessed many corporations taking initiatives that favor mother
nature. Be it a small or a major change, there are organizations
and entrepreneurs who have consciously switched to processes that
are either neutral or do no harm to the environment.
Manganese X Energy Corp is one such company, that is both socially
and environmentally responsible..
Manganese X Energy and it's future mining
projects are positioned to extract Manganese for the manufacturing
of Nickel Manganese Lithium-Ion batteries that will soon become
Cobalt free. The company differentiates itself from other companies
by introducing a key element in the lithium-ion battery
manufacturing process - Extremely high quality percentage of
Manganese
Sulfate MnSO4 (which is
the precursor to the cathode). Unlike other miners it's
metallurgical studies of it's Battery Hill New Brunswick deposit
has achieved a rating of 99.95% MnSO4 with an extremely low
contaminant level. Making the manufacture of all future electric
vehicle (EV) lithium Manganese batteries and backup storage energy
units from it's Battery Hill NB deposit more safe, efficient and
environmentally friendly, thus placing safety before profits. Find
out more about the company, the industry, its values, and latest
updates.
More
About the Manganese X Energy Corp
Manganese X Energy Corp is a Canadian
mining company that has a fixed goal with an intent of supplying a
secure and ethically sourced Manganese Sulfate. The company
founders were recently asked why it chose to become a future leader
in the sourcing of Manganese, their answer was simple
and straightforward.
"We are unequivocally convinced of the potential that lies within
this silvery red and gray mineral, we call Electric Gold."
Manganese is emerging as the driving force for all future and
widespread adoption for renewable clean energy in EV, hybrid
electric vehicles and backup power storage energy units. Manganese
will also bring a breakthrough initiative for all industries that
manufacture rechargeable batteries in consumer electronics,
electric and hybrid electric vehicles. Manganese will become the
central component for the development and rollouts of the Nickel
and Manganese Lithium-ion battery providing an efficient and
economical rechargeable battery for many and potentially all future
consumer electronics.
Manganese is poised to be one of the
primary elements important in shifting the direction of those
involved in manufacturing all new battery systems necessary in
storing electricity harvested from clean energy produced from
solar, wind, and tidal systems. Manganese will become the catalyst
for all new Lithium-ion batteries and future backup energy storage
products. The increased percentage of Manganese in the Nickel
Manganese lithium-ion has recently had a development breakthrough,
by removing the tab. These experiments were performed in a Tesla
lab environment by Tesla researchers, "these
new tabless cells,
which Tesla is calling 4860 cells, will give the company's EV
batteries five times more energy capacity, make them six times more
powerful, and enable a 16 percent range increase for Tesla's
vehicles." "While these batteries are 2-3 years away from
being manufactured, the future looks very promising as the
combination of significantly increased Manganese with Nickel, the
elimination of Cobalt, thus improving the density of the battery,
will potentially make future Nickel Manganese Lithium-ion EV
batteries far more efficient and cost effective. This will be
achieved by increasing Manganese's previous composition
considerably from 10 to 33.3%," says Martin
Kepman.
Manganese X Energy has assembled some of
the brightest minds on a team contributing their efforts towards a
widespread global clean energy initiative. The best part of the
leadership's vision is it stands against pollution, climate change,
and environmental depletion. Its mission is to drive its target
audience towards the global adoption of clean renewable
energy.
The company continues to be on track
managing its Manganese-rich deposits near Woodstock New Brunswick,
the Battery Hill Project. It has been
reported to be hosting a series of banded
iron formations that collectively constitute one of the largest
Manganese resources in North America.
Excerpts
Straight from the Industry
Since Manganese is safe and doesn't
contribute to corrupting the world environmentally, it's becoming a
pro-choice for all future initiations and advancements. Nickel
Manganese Lithium-ion EV battery technology is now becoming more
popular due to the elimination of the currently utilized Cobalt in
the Nickel Manganese Cobalt Lithium-ion EV batteries, these
advancements are propelling the growth of the industry. We are
living in a world where one new variable change can ignite an
interconnected chain of events and incidents. In hindsight, the
motivating web of Nickel Manganese Lithium-ion EV batteries
has rocketed the growth of the electric vehicles and hybrid EV's
for the new technology of Nickel Manganese Lithium-ion batteries.
" Our
global EV forecast is for a compound annual growth rate of
29 per
cent achieved over the next ten years:
Total EV sales growing from
2.5 million in 2020 to 11.2 million in 2025, then reaching 31.1
million by 2030," reports Deloitte Touche
Tohmatsu.
The industry demand for a new Manganese
rich battery has been elevated, not by chance, but out of
necessity. The many important benefits of Manganese as a raw
material is that it can be extracted ethically, it can withstand
high temperatures and with Manganese trading at a value of $1700
dollars per ton compared to Cobalt at $32000 dollars a ton, it
makes Manganese today the only alternative option for these new and
cost efficient batteries, digging a grave for the Nickel Manganese
Cobalt Lithium-ion battery. Cobalt free Manganese batteries are an
enlightened choice for the environment. So at less than one tenth
the cost of Cobalt, along with the unethical sourcing that
surrounds the mining of Cobalt in West Africa, Nickel Manganese
Lithium-ion batteries, Cobalt free, will become a far more cost
efficient and socially responsible solution. With all of the
positive factors surrounding Manganese that will come from
replacing and supplanting Cobalt, it will become the preferred
technology and a more affordable solution available to the backup
energy storage, EV and hybrid electric vehicle
market.
It's truly incredible how rapidly the
Manganese industry has increased its speed of growth. Amidst the
pandemic, it is expected to reach the
global market size at around 21.9 million metric
tons. Experts predict
a combined annual growth rate (CAGR) of 2.9% over the analysis
period of 2020-2027, reaching a size of 26.6 million metric tons by
the end of this period. Canada, being a mining-friendly country,
has the presence of a noteworthy Manganese mining market. It's
expected to grow at a 2.1% CAGR in the next seven
years.
The Best
New Stories of Manganese X Energy
Manganese X Energy has directed all its
efforts towards priming its existing high potential Manganese
mining holdings and getting them ready for future extraction, along
with additional sites located in North America, like it's Lac Aux
Bouleaux Quebec with it's important Graphite deposit. Manganese and
Graphite will confirm Manganese X Energy's commitment to becoming
one of the most important suppliers of value-added materials
to the lithium-ion battery and other alternative energy industries.
Let's look at some of the company's key
highlights:
-
Manganese X has appointed Mr. Roger
Dahn to Chairman of the Board. His former position, serving
as Vice President of Exploration, has earned him this new
appointment because of his utmost dedication and honesty while
stewarding the company's Battery Hill project.
-
Manganese X is all set to extend its
horizons and spread its wings to fresh and outstretched plains. It
is preparing to launch a modern, proprietary, and specialized air
and surface delivery system solution for the HVAC segment. It is
being introduced as a system that will keep lungs healthy while
maintaining an optimum quality of breathable air, this system will
be important in providing cleaner and healthier air. It's a timely
and appreciable effort, especially with the world having to deal
with the pandemic crisis of COVID-19.
-
The Battery Hill project is Manganese X's
flagship project. It consists of 55 claims. All of them make up a
total of 1,228 hectares that are located in Carlton County, New
Brunswick. It holds all or part of the five Manganese zones, Iron
Ore Hill, Moody Hill, Sharpe Farm, Wakefield, and Maple Hill. It
hosts carbonate Manganese, which is necessary for the production of
electrolytic Manganese Dioxide (EMD).
Manganese X Energy is on a quest to become
the first North American Company to commercialize Manganese
production from a safe, environmentally appropriate resource. If
you wish to know more about us, please pay a visit to
Manganese X Energy Corp. Virtual holdings are in these days.
Manganese X, along with our Manganese mining project are acing
it.
TSX: MN
OTC: MNXXF
FRANKFURT: 9SC2
Media
contact:
R.
William
514-816-4446
Sources:
https://www.theverge.com/2020/9/22/21449238/tesla-electric-car-battery-tabless-cells-day-elon-musk
https://www.reportbuyer.com/product/92570/global-manganese-industry.html
https://www2.deloitte.com/us/en/insights/focus/future-of-mobility/electric-vehicle-trends-2030.html
When sharing on social media please help us by using these
hashtags:
#ManganeseisElectricGold #ManganeseXisElectricGold
#ManganeseXEnergyisElectricGold
#ManganeseXMinerforElectricGold
New
Brunswick, Canada
https://www.manganesexenergycorp.com
Follow on Facebook
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. We
seek safe harbor.
Manganese X Energy (TSXV:MN)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Manganese X Energy (TSXV:MN)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024
