Manganese X
Energy
Advances R & D
with Kemetco:
Plans for
Filing Provisional Patent
for
Processing Economical
Ultra High Grade Battery Material
for
North American EV
Sector
Montréal, Québec, Canada,
March 4th,
2021,
Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) ( (OTC:
MNXXF)
("Manganese X" ,
"MN" or
the "Company") is
pleased to
announce it is entering
Phase Three of its metallurgical study with Kemetco
Research Inc. ("Kemetco" ) which
will
include
Manganese X Energy
Corp.
filing a
provisional patent on the manganese purification process and
further refinement of the ultra-high manganese product flow sheet
in preparation for its Preliminary Economic Assessment (PEA) and
for our upcoming environmental study.
MN's CEO
Martin Kepman
comments, "We
are
continuing
to
advance methodologies in the purification process of our
Battery
Hill, New Brunswick
manganese ore
property. We are
committed to R & D that will enable an efficient, cost
effective and novel
recovery
and
refining solution for
manganese ore."
"Manganese
is primed to be a key element in future battery production as
indicated by Tesla whose intent is to produce cobalt free
batteries. Our North American manganese asset gives us a decided
advantage for servicing future domestic Electric Vehicle
(EV)
battery needs.
The US is looking at securing domestic supply chains in critical
minerals and metals. We remain laser focused on advancing our
manganese property to commercialization."
Further evidence
of manganese as a key element in the battery manufacturing world
was offered by Benchmark Mineral Intelligence Director Simon Moore
who recently participated in a parliamentary discussion on Canada's
role in building a domestic and global lithium-ion battery
ecosystem.
He
suggested the combination of natural resources and a highly skilled
workforce should make it easy for Canada to create a sustainable
value chain for battery materials. "The potential to add [Canada's
huge base of key battery raw materials] into high value chemicals,
cathodes, anodes and even engage in the
production of lithium-ion batteries offers the country
a major slice of this growing lithium-ion and electric vehicle
economic pie."
This latest
phase of metallurgical studies focuses on the evaluation of
alternative approaches to leaching and novel aspects of the
purification process. This includes the enhancement of the flow
sheet leading to greater efficiencies and a major reduction in
costs, as well as development of the Company's PEA and the filing
of its provisional patent. The Company's mission is to
commercialize its Battery Hill manganese project for North
America's growing EV and energy storage sectors.
Phases One and
Two were also conducted with Kemetco. In Phase One, Kemetco used a
series of bench-scale leach, purification and crystallization
processes and produced a high purity manganese sulphate
product. The product's 99.95 percent purity, also with very
low contaminants, was considered a transformational achievement as
this demonstrated that Manganese X Energy's Battery Hill manganese
could be compliant and suitable for battery manufacturing use in
EVs, energy storage and other high-tech
applications.
Phase Two consisted of the development of
a more efficient workable and novel extraction
process, the
achievement of a recovery rate of 85 percent and the genesis of a
flow sheet for
the production of high-grade manganese
sulphate. Significant recent
results included potentially eliminating a major step in the
purification process, as well as improved purification results,
meaning a significant reduction in overall costs and enhanced
opportunities for the commercialization of Manganese X Energy's
Battery Hill project.
Reduced costs will have a
notably positive impact on the PEA,
About Manganese X Energy Corp.
Manganese X's mission is to advance its Battery Hill project into
production, with the intent of supplying value-added materials to
the lithium-ion battery and other alternative energy
industries ,
The Company is also striving to achieve new carbon-friendly more
efficient methodologies, while processing manganese at a lower
competitive cost. The company is the only manganese company in
North America moving forward toward
commercialization of
a manganese deposit.
Subsidiary Disruptive Battery Corp.'s mission is to develop an HVAC
(heating, ventilation and air conditioning) air purification
delivery system for cleaner and healthier air, aiming to mitigate
COVID-19 and other contaminants
on surfaces and in the air.
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. 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
