Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that it has engaged engineering firm Hatch Ltd. to conduct a scoping study at its Driftwood Creek Magnesium Project, which will enable the selection of an appropriate process and associated economics for the upgrading of magnesium oxide to magnesium metal. The study will address various environmental and engineering topics, evaluate process routes and determine magnitude capital and operating cost estimates for an initial 10,000 tonne per year magnesium plant.
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About MGX Minerals
MGX Minerals is a diversified Canadian resource and technology company with interests in lithium, magnesium and silicon assets throughout North America. MGX currently owns 34% of PurLucid and has the exclusive right to acquire a 100% interest as well as owning the global rights to recently developed lithium and mineral extraction technologies co-operatively developed by PurLucid and MGX. Learn more at www.MGXMinerals.com.
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