NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG)
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MGX Minerals (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) is aiming to tackle the growing lithium industry utilizing its proprietary and patented nanoflotation technology. An article discussing this reads: “The global lithium market is projected by the Freedonia® Group to reach $1.7 billion with a 8.9% CAGR through 2019 (http://nnw.fm/x9EeQ). Even larger is the market for lithium-ion batteries, which is expected to hit $46.21 billion by 2022, growing by a CAGR of 10.8%, as analyzed by Allied Market Research (http://nnw.fm/L1Un4). Electric and hybrid cars, smart phones and other devices will propel that growth.”
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