MGX Minerals Increases Ownership in Lithium and Cleantech Partner PurLucid Treatment Solutions; Provides First Plant Deployment Update

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report the Company has increased its ownership in engineering partner PurLucid Treatment Solutions (“PurLucid”) to 55% with the investment of $2.6M.[...] read more

MGX Minerals and Engineering Partner Highbury Energy Announce R&D for Petroleum Coke to Synthetic Crude Oil Gasification with Vanadium, Nickel, Cobalt Extraction

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) and Highbury Energy Inc. (“Highbury”) are pleased to report additional work has commenced on gasification of petroleum coke (“petcoke”), an oilsands and refinery by-product, into a synthetic liquid equivalent to refinery crude oil feedstock. The expanded research and development is focused on the re-processing of petcoke waste product to a synthetic crude oil. The target specification is being designed to allow for reuse of petcoke into a primary input equivalent to crude oil that can be upgraded into petro-chemical products in a traditional refinery without any modification to existing equipment. The goal is to produce a fuel which can seamlessly integrate into existing refinery operations. This represents a potential long-term use for the large existing stockpiles of petcoke as well as ongoing output of petcoke and other waste products without significant changes to the existing refinery infrastructure. To date work has been focused on petcoke to hydrogen gas output and the extraction of metals from the gasification of the residual ash, in particular vanadium, nickel, and cobalt.[...] read more

MGX Minerals and Engineering Partner PurLucid Nearing Commissioning of Oilfield Lithium Recovery and Wastewater Treatment Systems

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) / (OTCQB:MGXMF) / (FSE:1MG) and its 51% owned engineering partner  PurLucid Treatment Solutions Inc. (“PurLucid”) are pleased to provide a progress report related to the deployment of lithium recovery and wastewater treatment systems in Alberta, Canada. To date, MGX and PurLucid have completed commercial-scale trials with multiple oilfield operators and are now preparing to deploy systems.[...] read more

Bird River Resources and Divestco Announce Cogeneration Joint Venture to Generate Low-Cost Electricity

Bird River Resources Inc. (CSE:BDR) (“Bird River”) and Divestco Inc. (TSXV: DVT) (“Divestco”) today announced a cogeneration joint venture (the “Cogen”) which will convert natural gas to electricity via a boiler-turbine at an industry low cost of 1.4 cents per kilowatt hour (based on current natural gas spot prices). Regulatory approvals are in place for the Cogen system to feed up to 3 megawatts of electricity into the power grid. The Cogen has secured a reliable, long-term gas supply through a privately owned natural gas producer. Construction and implementation of the project is expected to take 4-5 months.[...] read more