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MGX Minerals Receives Initial Process Design and Scoping Study for Production of Lithium Carbonate

Matthew Spizziri
Apr. 14, 2016 10:15AM PST
Battery Metals Investing

MGX Minerals (CSE:XMG) announced it has received an initial Process Design and Scoping Study from engineering consultant Cementation AG in regards to lithium carbonate production at MGX’s Alberta lithium project.

MGX Minerals (CSE:XMG) announced it has received an initial Process Design and Scoping Study from engineering consultant Cementation AG in regards to lithium carbonate production at MGX’s Alberta lithium project.
As quoted in the press release:

MGX engaged Cementation AG to analyze extraction of minerals from the heavily mineralized brine of the Fox Creek and Swan Hills areas within the Company’s portfolio of Alberta lithium properties. The Study provides for a positive basis to move forward.
The Study includes flowsheet recommendations and operational expenditure (OPEX) calculations to process lithium-bearing brine of 20,000 bpd (barrels per day) in a commercial plant. The process proposes to significantly reduce the process time versus traditional solar evaporation, which is up to 18 months. The process is designed to rapidly separate brine minerals to produce various compounds including lithium carbonate, sodium chloride and calcium chloride. The implementation of multiple product lines is designed to maximize potential revenue and reduce the lithium carbonate equivalent cost of production.
Utilizing significant literature searches, solubility models and in-house brine expertise, a workable process was developed by Cementation AG. A flowsheet, non-iterative mass balance, evaporator load, pond sizing, equipment list and operating costs were also developed based on water analyses from historic central wells located on MGX’s Fox Creek Property.

Connect with MGX Minerals (CSE:XMG) to receive an Investor Presentation.

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