MGX partner starts testing Li recovery system
2017-08-01 07:03 ET – News Release
Mr. Jared Lazerson reports
MGX MINERALS COMMENCES PILOT PLANT TESTING FOR LI-1 LITHIUM RECOVERY SYSTEM
MGX Minerals Inc.’s engineering partner PurLucid Treatment Solutions has commenced operational testing on the Li-1 lithium recovery unit at its testing facility in Calgary, Alta. The Li-1 pilot plant is capable of processing 20 cubic metres per day and will be expanded to increase throughput to 100 cubic metres per day. Initial testing is focused on lithium-rich brine samples obtained from MGX lithium and petrolithium properties and as well as oil and gas partners. Testing is currently under way to finalize technical specifications for contractual arrangements with industrial and oil and gas partners. In addition, MGX’s deployment plan continues to focus on the company’s land package of over two million acres of lithium brine mineral claims in North America.
“This system represents the physical and operational templates that move us from bench scale to the field and provide the engineering basis for large commercial systems (greater than 1,500 cubic metres per day) we expect to deploy into MGX’s property and partner base,” said Jared Lazerson, chief executive officer of MGX Minerals.
Concurrently with pilot plant testing, fabrication of a commercial-scale system capable of processing 200 cubic metres per day is under way and expected to be ready for deployment in the fourth quarter of 2017. Based on results of pilot plant testing, the company plans to ship commercial-scale systems to sites in the United States and Canada beginning in the first quarter of 2018.
MGX and PurLucid have fully integrated their respective technologies. The pilot plant separates impurities from oil and gas waste water, allowing for lithium and magnesium extraction as well as reuse and repurpose of industrial water and brine.
The technical portions of this press release were prepared and reviewed by Andris Kikauka, PGeo, vice-president of exploration for MGX Minerals. Mr. Kikauka is a non-independent qualified person within the meaning of National Instrument 43-101 standards.
About MGX Minerals Inc.
MGX Minerals is a diversified Canadian resource company with interests in petrolithium, magnesium and silicon assets throughout North America.
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