Nearly 2 million acres of brine-bearing formations acquired to date Successfully extracted lithium from oilfield wastewater brine using proprietary process Wastewater treatment industry projected to grow into $45 billion market annually by 2025 Diversified portfolio of lithium, magnesium and silicon assets in North America Global lithium-ion battery market projected to reach $93 billion by 2025 … Continue reading “MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) is “One to Watch””
Diversified mining company MGX Minerals, Inc. (OTC: MGXMF) this morning announced that it has received independent laboratory-testing results from the Saskatchewan Research Council (“SRC”) regarding its patent-pending “Method for Extraction of Lithium from Salt Brine” (U.S. Provisional Patent #62/419,011). The results from the SRC noted that MGX’s proprietary extraction process was successful in recovering up … Continue reading “NetworkNewsBreaks – MGX Minerals, Inc. (MGXMF) Announces Results from Independent Testing of Proprietary Lithium Extraction Process”
In the first few months of 2017, MGX Minerals, Inc. (OTC: MGXMF) announced a cheaper lithium extraction process (http://nnw.fm/tQ5wC) that yielded 1600mg/L of lithium and also recovered potentially saleable by-products of magnesium, boron and potassium. The market for lithium-ion batteries is expected to grow in value to $46.21 billion annually within the next five years … Continue reading “MGX Minerals, Inc. (MGXMF) Continues Strong Start to the Year as Lithium Mining Booms”
MGX Minerals, Inc. (OTC: MGXMF) (CSE: XMG) (FRA: 1MG) may not be spinning straw into gold the way Rumpelstiltskin did, but it’s coming close with a novel technology that promises to produce ‘white gold’, or lithium from petroleum production brine. Its PetroLithium™ technology extracts lithium carbonate from the salt water that accompanies crude oil as … Continue reading “MGX Minerals (MGXMF) is Turning Oil Brine into White Gold with Novel PetroLithium™ Technology”
Diversified mining company MGX Minerals, Inc. (OTC: MGXMF) this morning offered a project development update for its Paradox Basin petrolithium project. Notably, the company has begun unitization of designated oil and gas leases and the staking of overlying mineral claims located contiguous to its Lisbon Valley mineral claims. The purpose of these efforts is to … Continue reading “NetworkNewsBreaks – MGX Minerals, Inc. (MGXMF) Commences Unitization of Oil and Gas Leases in Utah’s Paradox Basin”
MGX Minerals (OTC: MGXMF) is set to tackle the growing lithium market with its new extraction technology capable of addressing environmental concerns along with the demand for lithium supply. “This innovative company is poised to ignite a revolution in the energy sector with technology that extracts lithium from oil and gas wells. Its PetroLithium™ methodology … Continue reading “NetworkNewsBreaks – MGX Minerals, Inc. (MGXMF) Develops Faster, Less Expensive Lithium Extraction Method”
When Harvard professor Clayton Christensen coined the term ‘disruptive innovation’, he had in mind technologies like the one being developed by MGX Minerals, Inc. (OTC: MGXMF) (CSE: XMG) (FRA: 1MG). This innovative company is poised to ignite a revolution in the energy sector with technology that extracts lithium from oil and gas wells. Its PetroLithium™ … Continue reading “MGX Minerals (MGXMF) Set to Disrupt Industry with New PetroLithium™ Technology”
Diversified mining company MGX Minerals, Inc. (OTC: MGXMF) today announced its entry into a joint operating agreement with a private vendor to act as operator and acquire a 75 percent working interest in certain underlying oil and gas leases located contiguous to MGX’s Lisbon Valley petrolithium project. The agreement calls for payments totaling $2 million … Continue reading “NetworkNewsBreaks – MGX Minerals, Inc. (MGXMF) Enters Agreement to Acquire Working Interest in Paradox Basin”
MGX Minerals (OTC: MGXMF) holds the largest lithium portfolio in Canada and has its sights set on the booming global lithium market, projected to reach $5.87 billion by 2020. “Positive developments have made the company’s lithium operations a special point of interest. An important factor is the company’s engineering partner Purlucid Treatment Solutions, which has … Continue reading “NetworkNewsBreaks – MGX Minerals (MGXMF) Takes Aim at Growing Lithium Market With Cheaper Extraction Process”
MGX Minerals (OTC: MGXMF), a diversified mining company based in Vancouver, holds asset portfolios in lithium, magnesium, and silicon in western Canada, with a stated focus on the development of industrial mineral portfolios in specific commodities and jurisdictions offering near-term production potential, minimal barriers to entry, and low initial capital expenditures. Targeting properties where large-scale … Continue reading “MGX Minerals, Inc. (MGXMF) is “One to Watch””
