Manganese X Energy announces the completion of the Kingston Process Metallurgy concept study and implementation of the recommendations
Manganese X Energy announces the completion of the Kingston Process Metallurgy
concept study and implementation of the recommendations
May 11, 2017: Montreal, Quebec, Canada. Manganese X Energy Corp. (the “ Company”) (TSX-
V: MN) (FSE: 9SC2)(TRADEGATE:9SC2)(OTC PINK: SNCGF) has received from Kingston
Process Metallurgy (“ KPM”) the results of the concept st udy and final recommendations. The
Company retained KPM with the mandate to co nduct an electrolytic manganese dioxide (EMD)
concept study. The Company is currently re viewing the results of the concept study and
investigating all the metallurgical evaluations and technical processing options to enhance and
maximize the value added product pot ential of our manganese ore pr operty 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 Ca nada’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, ef ficient 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 imp lementing KPM’s first recommendation of
performing laboratory scale leaching tests to de termine 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 suc cessful, this would
significantly advance the Company to be accredite d for sales to potential battery suppliers in
North America.
We are continuing our due diligence of our pot ential acquisition of an additional manganese
property.
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Manganese X Energy's mission is to acquire and advance high potential manganese prospects
with the intent of supplying value added materials to the lithium ion battery and other alternative
energy industries as well as the steel industry. In addition, our company is striving to achieve
new environmentally friendly methodologies, producing manganese at a lower competitive cost.
For more information, visit the website at www.manganesexenergycorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Martin Kepman
Interim CEO and Director
1-514-802-1814
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