NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG)
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Posted On: 01/16/2018 7:17:09 PM
NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Teams with Highbury Energy to Extract Metals from Petroleum Coke
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced its entry into a partnership with Highbury Energy Inc., an energy company dedicated to the development and utilization of renewable energy resources through the procurement and conversion of biomass. The partnership relates to the development of a detailed process for extracting metals such as nickel, vanadium and cobalt from petroleum coke (“petcoke”). “Similar to advancements made by the Company over the last year in treating wastewater brine and recovering minerals, MGX and Highbury will look to develop a process that utilizes gasification methods to concentrate metals from petcoke,” Jared Lazerson, president and CEO of MGX Minerals, stated in a news release. “We believe entry into an untapped market of this magnitude aligns perfectly with our business strategy of creating innovative processes and technology to shape the new energy economy.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced its entry into a partnership with Highbury Energy Inc., an energy company dedicated to the development and utilization of renewable energy resources through the procurement and conversion of biomass. The partnership relates to the development of a detailed process for extracting metals such as nickel, vanadium and cobalt from petroleum coke (“petcoke”). “Similar to advancements made by the Company over the last year in treating wastewater brine and recovering minerals, MGX and Highbury will look to develop a process that utilizes gasification methods to concentrate metals from petcoke,” Jared Lazerson, president and CEO of MGX Minerals, stated in a news release. “We believe entry into an untapped market of this magnitude aligns perfectly with our business strategy of creating innovative processes and technology to shape the new energy economy.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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