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MGX Minerals Inc. (CSE:XMG) reported initial results from desktop analysis for the use of hydrogen rich synthesis fuel as the primary energy source for the calcining of magnesite ore at the Driftwood Creek magnesium project in BC: initial results indicate that Highbury Energy’s proprietary biomass conversion process can supply 93.3% of heat energy necessary to conduct magnesia calcining in engineering partner Industrial Furnace Company’s multiple hearth furnace at Driftwood Creek.
As quoted in the press release:
Based on analysis conducted by the Company’s engineering partner Industrial Furnace Company (“IFCO”) (see press release dated June 4, 2015), with data provided from Highbury Energy (“Highbury”), initial results indicate that Highbury’s proprietary biomass conversion process can supply 93.3% of heat energy necessary to conduct magnesia calcining in IFCO’s multiple hearth furnace at Driftwood Creek. Further analysis suggests that remaining heat energy needs could be obtained from use of a specialized burner and fuel additive indicating a complete and viable alternative energy solution.
Integration of Highbury’s biomass to hydrogen fuel conversion plant with IFCO’s multiple hearth furnace is an important technical step for MGX. The compatibility of these two primary components allows the Company to move ahead with the use of an alternative energy solution in the engineering of its 100,000 tonne per annum plant for the production of magnesium oxide.
MGX President and CEO, Jared Lazerson, said:
We are quite pleased with the initial results of the integration of these key components at Driftwood Creek, In a few short weeks MGX has begun to reap the benefit of its newest strategic partnerships. This is a unique solution for the Province of British Columbia and mining as an industry, putting MGX at the forefront of hybrid mining and alternative energy technologies.
Click here to read the MGX Minerals Inc. (CSE:XMG) press release
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