MGX Minerals Announces Patent Acceptance for Low Cost Combined Heat and Power Cogeneration (CHP) for Heavy Oil and Oilsands Producers; Combines Steam and Electricity Production, with Wastewater Treatment and Mineral Extraction Technologies
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) and engineering subsidiary PurLucid Treatment Solutions Inc. (“PurLucid”) are pleased to announce they have received notice of publication of its patent for a new method to produce boiler feed water using low energy water treatment. The technology will facilitate using poor quality water to tri-generate electricity, pure water and minerals. The system was designed within a consortium, including MGX, PurLucid and David Bromley Engineering Ltd for the generation of electricity and excess steam for thermal oil recovery and extraction of lithium, vanadium and other minerals. The design, utilizing highly charged Replaceable Skin Layer (RSL™) membranes as a replacement for softening and ultrafiltration, substantively reduced cost and energy requirements while providing electricity for sale or internal use.