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Manganese X Energy Corp and Kemetco Research Inc., headquartered in Canada, announced the latest news from investors in its Battery Hill manganese project.
Manganese X 100% owns 896 hectares of Battery Hill site, located in Carleton County, New Brunswick, including part of four manganese mining areas (Maple Hill, Sharpe Farm, Iron Hill and Moody Hill). The Battery Hill mine is considered to be one of the largest manganese carbonate mines in Canada and the United States.
The following recent video announcement provides insights into the ongoing testing work of Manganese X Energy Corp and Kemetco Research as part of the project’s preliminary economic assessment (PEA), which will assess the commercial and economic feasibility of producing high-purity battery-grade manganese products EV and energy storage space.
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With the improved process optimization showing significant cost savings, the announcement identified several important updates about the project.
First, Kemetco’s research can reduce the consumption of reagents in the manganese mining process. The reagent that decomposes the parent rock to produce finer manganese products is a key factor affecting the cost of manganese production. By reducing the consumption of reagents, Manganese X Energy is reducing the cost and environmental footprint of manganese mining.
Second, the on-site assessment revealed the possibility of open mining projects. The life cycle of the project may be very long, currently estimated to be 20-25 years.
“Manganese X must first complete the PEA feasibility study and conduct the necessary due diligence to reach a conclusion that our Battery Hill project is economically feasible so that we can move to the next stage and begin commercialization. Given the electric vehicle revolution In the process, innovation and new battery chemistry will be the main reasons for disrupting the current system. We believe that in the future, manganese will have a significant impact on electric vehicle batteries. We are very optimistic about the future because the early results proved to be positive. This enables Manganese X to benefit and capitalize on the growing demand for electric vehicle batteries.”
— Martin Kepman, CEO of Manganese X Energy
About Manganese Energy Corporation
Manganese X Energy Corp. intends to provide safe and ethical manganese through exploration and development of its manganese-rich deposits located near the Battery Hill project in Woodstock, New Brunswick. supply. The Fraser Institute recently named New Brunswick as one of the best mining jurisdictions in Canada. Canada is a country known for its mining friendliness.
Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC:QB:MNXXF) (FRANKFURT:9SC2) is headquartered in Montreal, New Brunswick, Canada. Battery Hill is strategically located 12 kilometers from the US (Maine) border and close to existing infrastructure (electricity, rail and road). It includes all or part of five ferromanganese mining areas, including Iron Mine, Moody Mountain, Sharp Farm, Maple Mountain and Wakefield. According to Brian Way’s (2012) Master’s thesis on Woodstock Manganese Mine, including Battery Hill, the area “has a series of banded iron deposits that together constitute one of the largest manganese resources in North America, approximately 194,000,000 tons.”
Media Contact:
Rene Perras Digital PR Consultant, Manganese X Energy Company
514-816-4446
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New Brunswick, Canada
https://www.manganesexenergycorp.com
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