On August 27, 2024, Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) presented a quarterly review and update of its projects and achievements. The company aims to become the first publicly traded mining company in Canada and the US to commercialize High Purity Electric Vehicle (EV) compliant manganese.
CEO Martin Kepman expressed optimism about the future, highlighting the Canadian government’s push for significant EV battery production facilities. He emphasized Manganese X’s strategic position to address the anticipated shortage of high-purity manganese by 2030, positioning the company as a key supplier to the North American EV and energy storage supply chain.
Key updates include a non-binding MOU with C4V for a potential offtake deal, progress in the filing of a non-provisional patent for EV compliant manganese technology, and advancements in the pilot plant project in preparation for the Battery Hill pre-feasibility study.
Manganese X recently engaged an independent US lab to analyze its High Purity Manganese sample, which demonstrated success in meeting EV battery standards. The company’s mission is to advance its Battery Hill project into production, positioning itself as a leading supplier in the North American supply chain for EV compliant high purity manganese.
For more information, please visit the website at www.manganesexenergycorp.com. The company cautions that forward-looking statements in this release are subject to uncertainties and risks as disclosed in its filings on SEDAR+.
