logo-loader

MGX Minerals receives patent acceptance for water treatment technology

Last updated: 03:02 15 Nov 2018 AEDT, First published: 22:02 14 Nov 2018 AEDT

1542211467_wastewater_488158720
MGX has developed a rapid lithium extraction technology, which eliminates or reduces the need to investment in large, evaporation ponds

MGX Minerals Inc. (CSE:XMG, OTCQB:MGXMF) unveiled positive news today regarding a patent for its water treatment technology.

The company has received notice that it a patent will be published for a new method to produce boiler feed water using low energy.

READ: MGX Minerals updates on progress of third advanced wastewater treatment system

MGX has developed a rapid lithium extraction technology, which eliminates or reduces the physical footprint and investment in large, lake-sized, lined evaporation ponds.

It also enhances the quality of recovery across a complex range of brines compared to solar evaporation.

The technology for which this patent relates will allow using poor quality water to tri-generate electricity, pure water and minerals.

The system was designed within a consortium, including MGX,  its engineering partner PurLucid and David Bromley Engineering Ltd.

MGX Minerals shares in  Canada were unchanged at $0.60.

MGX Minerals acquires zinc air battery developer ZincNyx Energy Solutions Inc.

Jared Lazerson, chief executive of MGX Minerals Inc (CSE:XMG, OTCQB:MGXMF), tells Proactive they've furthered their reach into the emerging energy space with the acquisition of ZincNyx Energy Solutions Inc. Canadian group ZincNyx Energy Solutions has developed a modular energy storage...

on 16/12/17