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Manganese X Advocates Canadian Government to Prioritize Manganese on Critical Mineral List
Montreal, Quebec--(Newsfile Corp. - February 1, 2024) - Manganese X Energy Corp. (TSXV: MN) (FSE...
About this update from Manganese X Energy Corp.
[{"type":"text","content":"Manganese X Advocates Canadian Government to Prioritize Manganese on Critical Mineral ListMontreal, Quebec--(Newsfile Corp. - February 1, 2024) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) (the \"Company\" or \"Manganese X\") is rallying for support to include manganese as a prioritized mineral on the Canadian Government's Critical Mineral List so that the current targeted \"Group of Six\" - lithium, graphite, nickel, cobalt, copper and rare earth minerals - becomes the \"Group of Seven\" with the inclusion of manganese as a priority mineral. The government is currently seeking input through public consultation on updated criteria for critical minerals, with an emphasis on minerals deemed essential to Canada's economic and national security. Manganese X responded to the request for consultation, essentially stating that although manganese is currently part of Canada's 31 critical mineral list, the upcoming 2024 update provides an opportunity to prioritize manganese for focus and investment so that it becomes the seventh targeted critical mineral. \"The public consultation, closing on February 16, 2024, offers a chance to advocate for manganese, shedding light on its role and significance,\" said Martin Kepman, CEO of Manganese X. \"This is not just about remaining on the critical minerals list but also about manganese being prioritized for strategic investment. We already sent our response and also circulated it to other provincial and federal stakeholders, promoting the virtues of manganese, and its potential to improve the density, capacity, rechargeability, safety and longevity of EV batteries.\" For a mineral to be deemed critical for Canada, the proposed Government criteria specify the mineral meets one or more of the following:Essential to Canada's economic or national securityRequired for our national transition to a sustainable low-carbon and digital economyA sustainable and strategic source of critical minerals for our international allies and both of the following:Its supply is threatenedIt has a reasonable chance of being produced in Canada in the near to medium-termWhy Prioritize Manganese in Canada's Critical Mineral List:90% of all high-purity manganese for EV batteries is currently produced in ChinaThere is currently no high-purity manganese production in North America Over 57% ...