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Manganese X Energy announces the completion of the Kingston Process Metallurgy concept study and implementation of the recommendations
Montreal, Quebec--(Newsfile Corp. - May 11, 2017) - Manganese X Energy Corp. (TSXV: MN) (FSE: ...
About this update from Manganese X Energy Corp.
[{"type":"text","content":"Manganese X Energy announces the completion of the Kingston Process Metallurgy concept study and implementation of the recommendationsMontreal, Quebec--(Newsfile Corp. - May 11, 2017) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2)(TRADEGATE: 9SC2)(OTC: SNCGF) (the \"Company\") has received from Kingston Process Metallurgy (\"KPM\") the results of the concept study and final recommendations. The Company retained KPM with the mandate to conduct an electrolytic manganese dioxide (EMD) concept study. The Company is currently reviewing the results of the concept study and investigating all the metallurgical evaluations and technical processing options to enhance and maximize the value added product potential of our manganese ore property located in Houlton, Woodstock, New Brunswick, Canada.Martin Kepman, CEO of the Company commented that \"we are encouraged by the results which now give us a detailed roadmap to create Canada's first high grade manganese product which could potentially supply the North American and worldwide lithium ion battery industries. Last year Electric Vehicles sales grew by about 60 percent worldwide. That is similar to the annual growth rate that Tesla forecasts for sales through 2020. Solar panels are following a similar curve at around 50 percent growth each year. Modern, efficient batteries are the needed link to make renewable energy available to non-emitting electric vehicles.\" \"Our strategic location is only 10 kms from the US border (Maine) and on major shipping lanes across the Atlantic Ocean and up the Great lakes. We also have access to major rail lanes, making us an obvious potential supplier to the lithium ion battery market\" stated CEO Martin Kepman. The Company will immediately commence implementing KPM's first recommendation of performing laboratory scale leaching tests to determine the manganese recovery and sulphuric acid consumption as these are key process design and operating cost drivers. A number of well-known industrial laboratories with prior experience in manganese hydrometallurgy have been contacted and proposals are being assessed. We are continuing our discussions with the National Research Council of Canada towards testing our manganese product chemistry for commercial acceptability. If successful, this would significantly advance the Company to be accredited for sales to pot...