MGX Minerals Announces Appointment of Lithium Process Design Expert Dr. Vuay Mehta to Oversee Lithium Upgrading and Commercia...
August 23 2018 - 8:00AM
InvestorsHub NewsWire
MGX Minerals
Announces Appointment of Lithium Process Design Expert Dr. Vuay
Mehta to Oversee Lithium Upgrading and Commercial Scale
Up
Vancouver, BC -- August 23, 2018 -- InvestorsHub
NewsWire -- MGX Minerals Inc. (“MGX” or the
“Company”) (CSE:
XMG /
OTCQB: MGXMF /
FKT: 1MG) and engineering partner
PurLucid Treatment Solutions Inc. (“PurLucid”) are
pleased to announce the engagement of Dr. Vuay Mehta, former
Process Development Technology Leader at FMC Lithium Corporation,
to oversee final phase product upgrading and commercial scale-up
operations for the Company’s rapid lithium brine extraction
technology. Dr. Mehta will also oversee Hatch Engineering’s
scale-up of the technology and buildout.
Dr. Mehta has over 45 years of research and
development and manufacturing experience of ore and brine based
technologies focused on recovering lithium, potash, magnesium and
boron to produce commercial-scale, high purity chemical products.
He holds extensive knowledge of lithium brine and ore chemistries
and has developed numerous projects related to selective process
technology and upgrading of lithium into high purity Li2CO3, LiOH
and more than 20 other lithium products. Dr. Mehta has been awarded
15 U.S. patents related to these technologies and published more
than 50 reports in scientific journals. He spent more than 25 years
in senior executive roles at FMC Lithium Corporation, the world’s
second largest producer of lithium compounds, and was directly
responsible for guiding projects through feasibility and
implementing commercial-scale operations. Dr. Mehta has received
highly esteemed industry awards for his process development work of
Li2CO3 and LiCl at FMC’s Salar Del Hombre Muerto project in
Argentina. Dr. Mehta holds a MS from the Sir P.P Institute of
Science and a Ph.D in Chemical Technology from the Central Salt
& Marine Chemicals Research Institute.
“We are please to
have a chemist of Dr. Mehta’s caliber and background join our team
as we enter the final stages of scale-up and deployment of our
rapid lithium extraction systems,” stated MGX President and CEO
Jared Lazerson. “We look forward to leveraging his vast experience
in lithium compounds to oversee the lithium upgrading process
design and finishing steps.”
About MGX Minerals
MGX Minerals is a diversified Canadian
resource company with interests in advanced material and energy
assets throughout North America. Learn more at www.mgxminerals.com.
Contact Information
Jared Lazerson
President and CEO
Telephone: 1.604.681.7735
Web: www.mgxminerals.com
Neither the Canadian Securities
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the Canadian Securities Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
Forward-Looking
Statements
This press release contains forward-looking
information or forward-looking statements (collectively
"forward-looking information") within the meaning of applicable
securities laws. Forward-looking information is typically
identified by words such as: "believe", "expect", "anticipate",
"intend", "estimate", "potentially" and similar expressions, or are
those, which, by their nature, refer to future events. The Company
cautions investors that any forward-looking information provided by
the Company is not a guarantee of future results or performance,
and that actual results may differ materially from those in
forward-looking information as a result of various factors. The
reader is referred to the Company's public filings for a more
complete discussion of such risk factors and their potential
effects which may be accessed through the Company's profile on
SEDAR at www.sedar.com.
MGX Minerals (CE) (USOTC:MGXMF)
Historical Stock Chart
From May 2024 to Jun 2024
MGX Minerals (CE) (USOTC:MGXMF)
Historical Stock Chart
From Jun 2023 to Jun 2024