MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) and engineering partner PurLucid Treatment Solutions (“PurLucid”) are pleased to report commissioning results from its commercial-scale 5m3 per hour (750 barrel per day) NFLi-5 advanced wastewater treatment system. The system is currently operating and under contract with an oilsands SAGD operator to process evaporator blowdown water (EBD). The study focused on a 3-week operational period in December 2018 as preparation for an additional in-line deployment of a new 10m3 per hour (1500 bpd), which is now underway.
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.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report the adsorbtion rate for the Company’s lithium extraction nanofiltration process (the “System”) has been increased from 20mg/g, milligram of lithium per gram of adsorbtion reagent, to an optimized 40mg/g Li/reagent. This reflects a doubling of adsorbtion rate and a significant cost cutting breakthrough as reagents reflect the single largest cost in the Company’s lithium extraction process. This advancement reduces reagent use and the direct cost of lithium chloride recovery from brine. Additionally, reagent depletion in the lithium nanofilter has now been reduced to less than 1% per cycle, increasing the operating time and associated recovery for the lithium nanofilter prior to requiring recoating with the reagent.