• MGXMF:US$0.78
  • 1MG:0.68
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Petro Lithium

Unlocking North America's Lithium Brine Potential


Lithium Overview

  • First Mover Advantage: First to recognize petrolithium potential and implement business model
  • Aggressive Acquisition: Over two million acres of brine-bearing formations acquired to date
  • Partnerships In Place: Agreements with major oil and gas companies to conduct well sampling
  • Proof of Concept: Successfully extracted lithium from oilfield brine using proprietary process

MGX’s Rapid Recovery Process

MGX and its engineering partner have developed a proprietary, low-energy design process that is patent-pending. The process is specifically designed for highly-mineralized brine associated with oilfields. The process rapidly concentrates lithium and other minerals from brine.

Proof of Concept

In January 2017 MGX successfully concentrated lithium from heavy oil evaporator blowdown wastewater using its rapid recovery process. The process has been independently confirmed by the Saskatchewan Research Council.

MGX Minerals Lithium Carbonate Extraction
Lithium carbonate concentrated from Sturgeon Lake oilfield
brine using MGX's rapid recovery process.