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Game Changing Potential: MGX Minerals‘ Pilot Plant for Rapid Production of Lithium Nears Completion

ZURICH, SWITZERLAND / ACCESSWIRE / November 14, 2016 / Today, MGX Minerals Inc. (CSE: XMG) reported that its pilot plant for the separation of lithium from oilfield brines is 50% complete. The unit for water purification and pre-treatment has been received and the integration of MGX’s lithium extraction technology is now underway.

Once completed, the pilot plant is designed to process 12,000 liters (12 cubic meters) of brine per day and will lay the groundwork for, results dependent, an initial modular commercial plant capable of processing 1.2 million liters of brine per day. In case the completed pilot plant demonstrates attractive costs for the extraction of lithium from oilfield brines, MGX Minerals may quickly advance to a major player in the petroleum and lithium sector.

The full report can be accessed with the following links:

English (PDF):

http://rockstone-research.com/images/PDF/MGX12en.pdf

English (web version):

http://rockstone-research.com/index.php/en/research-reports/2033-Game-Changing-Potential:-MGX-Minerals-Pilot-Plant-for-Rapid-Production-of-Lithium-Nears-Completion

German (PDF):

http://rockstone-research.com/images/PDF/MGX12de.pdf

For smartphones, an APP from Rockstone Research is available in the AppStore for Apple devices and in the GooglePlayStore for Android devices.

Recently, Zimtu Capital Corp. launched the Beta Version of its Advantage APP, in which all interlisted stocks (i.e. all public companies listed in Canada and Germany) can be tracked. After a cost-free registration, the full features of the APP are unlocked, e.g. sorting all stocks with the biggest daily trading volumes on all German or Canadian exchanges (see instructions in the section “How To Use”): www.app.zimtu.com

Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental
risks and conflicts of interest exist.

SOURCE: Rockstone Research

ReleaseID: 448926

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