ZURICH, SWITZERLAND / ACCESSWIRE / April 27, 2017 / Yesterday, MGX Minerals Inc. (CSE: XMG; Frankfurt: 1MG) announced filing of a technical report on its rapid lithium extraction process, which is capable of treating contaminant-laden oilfield wastewasters in an environmentally beneficial way, plus revocering lithium. Clearly, the performance is superior and meets a broad spectrum of treatment needs in the oil and gas industry as producers are currently disposing such wastewaters at high costs.
The maiden Technical Report on the Rapid Lithium Extraction Process Demonstrates Potential for Near-Term Commercialization
With independent process verification in hand, along with a maiden Technical Report, MGX is now in a position to potentially attract tolling partners, lithium end-users, lithium miners, oil and gas producers, as well as water handling companies. As MGX plans to commercially deploy its technologies by mid-2017, the time for major service agreements appears to be now.
The full report can be accessed with the following links:
English (PDF): http://rockstone-research.com/images/PDF/MGX21en.pdf
English (web version): http://rockstone-research.com/index.php/en/research-reports/2927-Petrolithium:-First-Come-First-Served
German (PDF): http://rockstone-research.com/images/PDF/MGX21de.pdf
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