- First Mover Advantage: First to recognize petrolithium potential and implement business model
- Aggressive Acquisition: Over 1.7 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.
Lithium carbonate concentrated from Sturgeon Lake oilfield
brine using MGX's rapid recovery process.