- CEO of Manganese X Energy (TSXV: MN) (FSE: 9SC2) (OTC:QB:MNXXF)
(FRANKFURT: 9SC2) Martin Kepman announces race for new type of
battery
- Manganese is an integral component in many potential solutions
and a candidate for disruption in the lithium-ion battery
space.
Engineers and scientists across the globe are racing to find a
more sustainable, more efficient alternative to the lithium-ion
battery, which has been powering most of the portable devices for
the past three decades.
“Manganese is a candidate for disruption in the lithium-ion
battery space. Manganese has elemental qualities that have the
potential to improve density, capacity, rechargeability, safety and
battery longevity. The timing for establishing a North American
Manganese resource could not be better. With the global push for
greener technology and lessening the carbon footprint, Manganese X
is poised for leadership in providing a domestic supply of
manganese for the rechargeable battery industry, everything from
the small consumer batteries in electronic devices, smartphones and
energy storage power reserves, to the EV and hybrid electric
vehicle industry,” said Martin Kepman, CEO
of Manganese X Energy Corp (TSXV: MN) (FSE: 9SC2)
(OTC:QB:MNXXF) (FRANKFURT: 9SC2) , in a
recent interview. Touted by the media as the
“disruptive entrepreneur,” manganese futurist Kepman won’t settle
for the status quo, evidenced by his 40 years plus career helping
businesses disrupt their sectors and maximize their
efficiencies.
Manganese & Battery Technology
Other than being an ingredient in exciting potential
alternatives to lithium-ion batteries, manganese is an important
component of the two most commonly produced types of batteries
available today. Lithium-ion-manganese oxide (LMO) batteries are
the type of batteries currently used to power almost everything
rechargeable. Manganese makes up the majority (61%) of the cathode
of these batteries. Nickel-manganese-cobalt (NMC) batteries, which
are used in electric vehicles, also contain a large amount of
manganese.
Manganese is also an important component in manufacturing steel.
Due to the high demand for manganese in today’s technological
landscape, finding ethical sources of manganese is essential.
Why Replace Lithium-Ion Batteries?
Today, electric vehicle (EV) technology has revealed the
limitations of lithium-ion technology. While lithium ion batteries
are great for small portable devices like smartphones and laptops,
and have higher storage capacity and a longer life than the
lead-acid and nickel-hydrogen batteries they replaced, lithium ion
batteries fall short when it comes to storing larger amounts of
energy.
Producing lithium-ion batteries to store larger amounts of
energy is expensive. As a result, some electric vehicle
manufacturers have turned to cobalt battery technology. But cobalt
is almost impossible to source ethically, since the major known
deposits of cobalt around the world are linked to human rights
abuses against workers, child labor, and environmental destruction,
so it is less sustainable and less ethical overall than lithium-ion
battery technology.
Manganese is an essential component of both lithium-ion
batteries and cobalt-based batteries, but it is also being used to
develop potential alternatives.
Lithium-ion Battery Alternatives Under
Development
Research organizations and engineering colleges in Denmark,
Israel, Spain, and Germany have recently banded together with
Cambridge University to form the European Magnesium Interactive
Battery Community, referred to as “E-Magic.” E-Magic’s goal is to
develop a magnesium-based battery with a higher energy density than
the currently available technology.
In the United States, scientists at the University of Houston
and the Toyota Research Institute of North America are working on
similar technology, with some success, though the prototype has a
low charging capacity.
In Japan, researchers have developed a promising battery that
uses manganese oxide in the positive electrode and magnesium metal
in the negative electrode.
If any of the current technologies under development do
overthrow the lithium-ion battery in its place within the energy
storage industry, experts estimate that it won’t happen until
around 2030.
With its head office in Montreal QC, Manganese X Energy owns
100% of the Battery Hill property project located in New Brunswick
Canada. Battery Hill is strategically situated next to the US
border, near existing infrastructures (power, railways, and roads).
It encompasses all or part of five manganese-iron zones, including
Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield.
The area hosts a series of banded iron formations that collectively
constitute one of the largest manganese resources in North America,
approximately 194,000,000 tons.
About Manganese X Energy
Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2)
(OTC:QB:MNXXF) (FRANKFURT:
9SC2) with its head office in Montreal QC, owns 100% of the
Battery Hill property project (1,228 hectares) located in New
Brunswick Canada. Battery Hill is strategically situated 12
kilometers from the US (Maine) border, near existing
infrastructures (power, railways, and roads). It encompasses all or
part of five manganese-iron zones, including Iron Ore Hill, Moody
Hill, Sharpe Farm, Maple Hill and Wakefield. According to Brian
Way’s (2012) master’s thesis on the Woodstock manganese
occurrences, that includes Battery Hill, the area “hosts a series
of banded iron formations that collectively constitute one of the
largest manganese resources in North America, approximately
194,000,000 tons.
Media contact:
Rene Perras Digital PR Consultant for Manganese X Energy
Corp
514-816-4446
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New Brunswick, Canada
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Sources:
https://www.pv-magazine.com/20...
https://asia.nikkei.com/Busine...
https://www.anl.gov/article/re...
Manganese X Energy (TSXV:MN)
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