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Monday, November 25, 2024

Manganese X Announces Battery Metals Association of Canada (BMAC) Membership - Stockhouse

Last updated Thursday, October 21, 2021 00:24 ET , Source: NewsService

Montreal, Quebec--(Newsfile Corp. - October 21, 2021) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (OTCQB: MNXXF) ("Manganese X", "MN", or the "Company") is pleased to announce that it has joined newly-formed trade organization Battery Metals Association of Canada ("BMAC") whose mission is to grow the domestic lithium-ion battery chain and to expand the domestic supply chain.

BMAC's membership consists of battery metals' entrepreneurs, explorers, developers and producers working together to support a rapidly changing energy landscape. This trade organization is dedicated to building a strong and enduring battery metals industry in Canada, as well as a Canadian supply chain. This is significant to Manganese X as it would help to create a domestic market for its high purity EV compliant manganese materials while completing its Preliminary Economic Assessment (PEA) on the Battery Hill manganese deposit strategically located in New Brunswick, Canada.

"We believe that in the upcoming years there will be a huge demand for a Canadian and US supply chain and especially for manganese which is an integral and growing mineral within the EV battery chemistry. We are pleased to have joined the BMAC and appreciate all their efforts to advance this situation," commented Martin Kepman, CEO of Manganese X.

Manganese X hopes to collaborate with the BMAC community to address regulatory hurdles, obtain government grants and streamline approval processes to accelerate development times and...



Read Full Story: https://stockhouse.com/news/press-releases/2021/10/21/manganese-x-announces-battery-metals-association-of-canada-bmac-membership

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