Manganese X Energy (TSXV: MN) (FSE: 9SC2) (OTC: MNXXF) announced that, working in conjunction with Kemetco Research Inc., the company has improved flowsheet optimization to produce high-grade battery material for the EV and stored-energy space. Manganese X Energy noted that it had received metallurgical results from Kemetco in the development process that demonstrate greater efficiency and improved economics leading to commercialization. The announcement noted that this “transformational achievement” demonstrates key resource material can be compliant with electric vehicles and other requirements. The two companies are working to produce ultra-high-purity, battery-grade manganese products for the growing electric-vehicle and energy storage sectors, using the ethical and sustainable North American mineralization at MNXXF’s Battery Hill property. “We are pleased to see continued validation for manganese usage in the EV and stored energy space,” said Manganese X Energy CEO Martin Kepman in the press release. “Manganese sulphate (MnSO4) has emerged as a critical EV battery material. MnSO4 is driven by the need to reduce the $/kwh of a high-performance EV battery. Our intention is to achieve a low-cost production process utilising manganese ore that is readily available from our New Brunswick property. Key considerations are low cost, high energy density and long battery life. We have a terrific opportunity to exploit our valuable asset in providing a made in North America energy solution that is ethical, economic and carbon friendly.”
To view the full press release, visit http://ibn.fm/J4Svz
About Manganese X Energy Corp.
Manganese X Energy’s 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, the 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, please visit www.ManganeseXEnergyCorp.com.
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