MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Turning Oil Refinery Trash into Treasure through Partnership with Highbury Energy

March 8, 2018 14:53:06
  • MGX is moving forward with previously announced Highbury Energy Inc. partnership
  • The companies are developing innovative thermochemical gasification process to extract metals from petcoke
  • Approximately 106 million tonnes of petcoke estimated in the Province of Alberta alone

Another innovation is in the works for MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF), a diversified Canadian resource company engaged in using pioneering processes to develop lithium, magnesium and silicon projects. MGX has numerous projects in both the U.S. and Canada, and the company is also taking part in the development of associated, potentially game-changing technologies ( One such endeavor is resulting from a new partnership through which the company is striving to turn trash into treasure.

In late February, MGX announced that it is moving forward with its previously detailed partnership with Highbury Energy Inc. ( to develop a detailed thermochemical gasification process for the extraction of metals from petroleum coke (“petcoke”). Petcoke is an oil production waste product that currently poses a significant environmental hazard at sites around the world, but MGX and Highbury intend to utilize…


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