Montreal, Quebec--(Newsfile Corp. - June 17, 2020) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF) ("Manganese X" or the "Company") is pleased to announce that Manganese X Applauds The U.S. Department of Energy Argonne National Laboratory Use Of Manganese For Energy Storage.
Manganese X is pleased to share a timely and relevant article around manganese usage in the battery space. As a company, we have been a strong proponent of manganese and it is gratifying to see mainstream academic research that confirms our thesis.
A recent published article underscores the value of using manganese for multiple energy applications. Manganese based battery technology could apply not only to electric vehicles but the electric grid, where battery storage is needed for variable energy resources like wind and solar, and other industries. The article is linked at the bottom of the news release for investor reference.
A battery with a manganese rich cathode is green, clean, and economical and has a higher safety profile.
"The demand for energy storage is too great for one technology to fulfill it, so we're looking for environmentally friendly, safe, inexpensive alternatives," said Jason Croy, a physicist in Argonne's Chemical Sciences and Engineering division. "Manganese is a good option for that."
Manganese X through Kemetco Research Inc. recently reported that they achieved MnSO4 (EV compliant) purity of >99.95% with low contamination factors in the final manganese sulfate product, The high purity levels achieved along with the low contamination levels attained has met the specs required by the EV and back up storage industries.
Our flagship Battery Hill Houlton Woodstock Manganese property is strategically located 12 kilometers from the US (Maine) border, near existing power transmission lines, railway and road access that that provide suitable transport to major shipping lanes on the Atlantic Ocean and Saint Lawrence Seaway.
Martin Kepman, Ceo Manganese X comments, "We are pleased to see continued validation for manganese usage in the EV and stored energy space. We have a terrific opportunity to exploit our valuable asset in providing a made in North America energy solution that is ethical, economic, and carbon friendly. The company is also currently reviewing a multi patented zinc manganese battery tech that appears promising and fits our manganese themed agenda."
Please follow us on Twitter
Please follow us on Facebook
Manganese's X mission is to acquire and advance high potential manganese mining prospects located in North America with the intent of supplying value added materials to the lithium ion battery and other alternative energy industries. In addition our company is striving to achieve new methodologies emanating from environmentally and geographically ethical and friendly green/zero emissions technologies, while processing manganese at a lower competitive cost. For more information visit the website at www.manganesexenergycorp.com
On behalf of the Board of Directors of
MANGANESE X ENERGY CORP.
CEO and Director
Cautionary Note Regarding Forward-Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" including statements with respect to the future exploration performance of the Company. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company's filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader is cautioned not to place undue reliance on such forward-looking information. We seek safe harbor.
NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/58019