Manganese X Energy Announces PEA Explains Positive Results & How Manganese X Leadership Remains Bullish
Manganese Futurist & CEO of Manganese X Energy, Martin Kepman, also commented on the proprietary extraction process that makes the project Manganese X justify a premium to the market price.
Saint-Laurent , May 20, 2022 (GLOBE NEWSWIRE) --
Martin Kepman, CEO of Manganese Says - The PEA represents the most significant milestone to date for Manganese X and makes us the forerunner of becoming the first publicly traded company in Canada and the US to commercialize high-purity electric vehicle (EV) quality compliant manganese.
Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (OTCQB: MNXXF) ("Manganese X", "MN", or the "Company") is very pleased to announce positive results from the
independent Preliminary Economic Assessment ("PEA") for its wholly owned Battery Hill project (the "Project") located near Woodstock, New Brunswick. The PEA was prepared by Wood Canada Ltd.
("Wood"), an independent engineering services group with extensive experience in mining and mineral processing.
Entire PEA report is now available on at:
https://news.manganesexenergycorp.com/manganese-x-energy-announces-pos ...
PEA Highlights:
- Robust Economics
- HPMSM Market Price
- Price Sensitivity
- Long Mine Life
- Low Environmental Impact
- Project Objectives
- Sensitivity Analysis
Lesen Sie auch
CEO Report
Martin Kepman, CEO of Manganese X, states, "We are extremely pleased with the positive economics demonstrated by our PEA.
Our Battery Hill Mineral Resource has the potential to be the most impressive manganese properties in North America and has several attributes that make it attractive for development and commercialization. Battery Hill has robust economics, strong value metrics and a short payback period for a relatively low capital investment.
The PEA represents the most significant milestone to date for Manganese X and makes us the forerunner of becoming the first publicly traded company in Canada and the US to commercialize high-purity electric vehicle (EV) quality compliant manganese.”
Manganese Futurist Martin Kepman, also commented on the proprietary extraction process that makes the project Manganese X justify a premium to the market price.
Furthermore, Martin Kepman stated, "The Company has been working diligently on corporate development beyond the PEA and is currently in discussion with a number of interested parties as it relates to battery chemistry and the EV revolution.”