
MGX Minerals (CSE:XMG) CEO Jared Lazerson, wrote about petrolithium in his article on E&P entitled, “Petrolithium: Extracting Minerals From Petroleum Brine”. As quoted in the article: The technology provides the ability to operate at one-third less cost on a continuous basis with little to no downtime and is projected to require half the capex and reduce …
MGX Minerals (CSE:XMG) CEO Jared Lazerson, wrote about petrolithium in his article on E&P entitled, “Petrolithium: Extracting Minerals From Petroleum Brine”.
As quoted in the article:
The technology provides the ability to operate at one-third less cost on a continuous basis with little to no downtime and is projected to require half the capex and reduce the carbon emissions of water treatment by 90% when compared to conventional environmental technology in thermal facilities.
All of this results in a clean, consistent flow of feedstock for processing with wastewater that can be safely recycled or returned to the environment in a controlled manner.
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Source: www.epmag.com