Forward-Looking Statements No stock exchange, securities commission - - PowerPoint PPT Presentation
Forward-Looking Statements No stock exchange, securities commission - - PowerPoint PPT Presentation
Forward-Looking Statements No stock exchange, securities commission or other regulatory authority has approved or disapproved the success of PurLucid Treatment Solutions Inc. (PurLucid) deployment of commercial scale water information
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained on this presentation. This presentation contains "forward-looking information" concerning MGX Minerals Inc.’s (“MGX”) future financial or operating performance and other statements that express management's expectations or estimates of future developments, circumstances or results. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “seeks”, "believes", "anticipates", "plans", “continues”, "budget", "scheduled", "estimates", "expects", "forecasts", "intends", “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results "may", "will", "could", "would", “should”
- r "might" "be taken", "occur" or "be achieved". While all forward-looking statements involve various risks
and uncertainties, these statements are based on certain assumptions that management of MGX believes are reasonable, including that it will be able to obtain financing and on reasonable terms, that its current exploration and other objectives can be achieved, that its exploration and other activities will proceed as expected, that its community and environmental impact procedures will work as anticipated, that general business and economic conditions will not change in a material adverse manner, that MGX will not experience any material accident, failure or shortage of equipment, and that all necessary government approvals for its planned exploration and potential development activities will be obtained in a timely manner and on acceptable terms. There can be no assurance that the forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the MGX’s expectations include, among others, include: global economic conditions; actual demand, supply and prices for lithium and other minerals; long-term price assumptions, as they materially affect the timing and feasibility of future projects and developments; trends in the industry; effect of currency exchange rates on commodity prices and
- perating costs; the availability and costs associated with mining inputs and labour; risks related to
community relations and activities of stakeholders, and delays in obtaining governmental approvals or
- financing. In this presentation, forward-looking statements relate to, among other things, the timing and
success of partnerships with major oil and gas operators to conduct well sampling; the timing, extent and success of PurLucid Treatment Solutions Inc. (“PurLucid”) deployment of commercial scale water treatment and lithium extraction projects to targeted system specifications and output and MGX Renewables Inc. (“MGXR”) deployment of commercial scale zinc-air fuel cell technology and modular storage system to target specifications and utility scale output; opportunities for growth of mineral and brine extraction projects and the renewable energy markets at large; the ability to adapt to changes in lithium, water and electricity prices; estimates of costs, planned exploration, development expenditures and development, construction and operating costs of PurLucid, MGXR, and mining projects. MGX may decide to advance its petrolithium projects into production without first establishing mineral resources supported by an independent technical report or completing a feasibility study. A production decision without the benefit of a technical report independently establishing mineral resources or reserves and any feasibility study demonstrating economic and technical viability creates increased uncertainty and heightens economic and technical risks of failure. Historically, such projects have a much higher risk of economic or technical failure. Although MGX has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. MGX does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information or statements whether as a result of new information, future events or otherwise, except as required by law. All statements contained in this presentation should be read with reference to MGX’s continuance disclosure record, which may be accessed through the MGX’s profile on SEDAR at www.sedar.com. Mr
- Mr. Andr
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Forward-Looking Statements
MGX Minerals is leading the transition from fossil fuels to renewables through investments in battery commodities, extraction processes and clean technologies.
MGX and Eureka Resources Enter JV Agreement to Install World’s First Commercial Rapid Petrolithium Recovery System June 2019 MGX Announces Installation of Second Oilsands Wastewater Treatment System May 2019 MGX Announces Breakthrough in Development of High-Energy Lithium-Ion Batteries April 2019 MGX Provides Revenue Projections for Initial Contracted Wastewater Treatment Systems March 2019 MGX Announces Oilsands Lithium Extraction and Wastewater Treatment System Deployments February 2019 MGX Announces Successful Commissioning of Alberta Oilsands Wastewater Treatment System January 2019
Recent Highlights
4
Our Divisions
Min ineral Extra xtraction
Our technologies concentrate valuable elements and metals from abundantly available brines.
Energ nergy y Sto Storage
We are developing novel energy storage solutions that will help shape the new energy economy.
Was astewater Pur urifica cation
Our technology purifies produced waters, allowing for the recycling or controlled release of it.
Co Conve nventional Min inin ing
We are developing a traditional open-pit mine that will provide North America with a strategic supply of magnesium.
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Mineral Extraction
~80 Million
North American oil and gas industry generates more than 80 million barrels of brine daily
650%
Anticipated increase in overall lithium demand between now and 2027
Petrolithium: Old Energy Participates In The New Energy Economy
- Petrolithium is a new approach that focuses on concentrating
lithium and other elements from abundantly available wastewater (brine) that accompanies oil and gas production
- MGX’s rapid lithium extraction systems unlock vast unconventional
sources of lithium
- This new technology could dramatically alter the energy landscape
in the coming decades.
- Ad
Adva vantages:
- Ability to utilize existing O&G infrastructure
- Allows for scalable capital deployment
- Simplifies permitting process
- Eliminates solar evaporation step
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Extracting Lithium from Wastewater Brines
- MGX has developed a proprietary, low-energy design process
that is patent pending
- Technology rapidly extracts lithium and other valuable
elements from wastewater brines
- Eliminates the physical footprint and investment in large, multi-
phase, lake sized, lined evaporation ponds
- Enhances the quality of extraction and recovery across a
complex range of brines as compared with traditional solar evaporation
- Technology is applicable to petrolithium (oil and gas
wastewater), natural brine and other brine sources such as lithium-rich mine and industrial plant wastewater
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Building A Global Portfolio of Lithium Assets
- MGX is amassing a global portfolio of lithium assets that serve as the foundation upon which its new technologies are developed
and deployed.
- To date the Company has acquired interests in lithium assets totaling over 2.1 million acres across North and South America
through direct acquisitions and strategic joint ventures.
- The Company continues to actively explore for new opportunities globally that align with our core business model and enhance
shareholder value.
9
Growing Lithium Demand Is Creating A Supply Shortage
100 200 300 400 500 600 2017 2018 2019 2020 2021 2022 2023 2024 2025 Lithi ithium Supply/Demand Estimates (000’s, Mt)
Supply Demand
Sources: Credit Suisse 2014, Goldman Sachs 2015
100 200 300 400 500 600 2017 2018 2019 2020 2021 2022 2023 2024 2025 Annual Lithium Demand Estimates By Application (000’s, Mt)
Conventional Consumer Electronics New Applications Electric Cars
Sources: Deutsche Bank, Industry Data
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MGX to Install World’s First Commercial Rapid Petrolithium Recovery System
- MGX and Eureka Resources have formed an exclusive joint-
venture to recover lithium from water produced at non- conventional oil and gas sites across the Marcellus and Utica shale formations
- Deep natural gas reserves located in the Marcellus and Utica shale
account for approximately 40% of all natural gas produced in the United States and generate significant volumes of produced water
- Eureka uses advanced treatment technology to convert 10,000
barrels per day of this produced water into valuable co-products, including fresh water, high-purity sodium chloride and calcium chloride
- JV will initially focus on fast tracking deployment of the world’s
first commercial rapid lithium recovery system at Eureka’s state-of- the-art Standing Stone advanced wastewater Treatment Facility
- JV will also work to identify additional rapid lithium extraction
deployment locations at other wastewater treatment facilities throughout Eastern United States
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4.1 Million Tons
Reduced CO2 emissions in the United States each year thanks to geothermal power plants
3,567 MW
Total megawatt power of geothermal plants operating in the United States- highest in the world
Geothermal Extraction: Unlocking Geothermal’s Vast Mineral Potential
- MGX's geothermal extraction technology concentrates metals and
- ther dissolved salts using geothermal brine as a feedstock
- This proprietary, low energy design process also eliminates a large
industry barrier known as scaling and enhances the long-term
- perating performance of geothermal plants
- Geothermal brines are known to contain vast amounts of lithium,
magnesium and many other elements
- Highlights:
- Integrates into existing geothermal power plant infrastructure
- Eliminates scaling and heat transfer loss
- Utilizes Replaceable Skin Layer (RSL™) membranes
- Fully integrates with wastewater purification systems
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Extracting Metals & Dissolved Salts From Geothermal Brines
- MGX's geothermal extraction technology is capable of
integrating into existing geothermal infrastructure for both the pre or post power plant phase
- The technology also has the ability to remove scale-forming
ions and dissolved salts while not requiring a reduction in brine temperatures for filtration
- The importance of high temperature operation in the post
power plant phase allows return water temperature to remain high which is a primary environmental permit requirement
- Former California Senate Majority Leader Richard Polanco is
acting as an advisor and consultant to the Company to lead negotiations with the State of California and local municipalities regarding targeted exploration locations and sites identified by MGX as potential partnerships and acquisition targets to secure geothermal feedstock and
- perating sites
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Wastewater Purification
4 to 1
Number of produced water barrels generated for every barrel of oil and gas in North America
45 Billion
Estimated number of produced water barrels generated annually by 2025 from North American oil and gas production
Onsite, Distributed Produced Water Treatment for Oilfields
- MGX and engineering partner PurLucid Treatment Solutions Inc.
deploy wastewater handling solutions on-site for oilfield operators
- Utilizing patented nanoflotation technology, these container-
based, distributed systems treat produced water at the oilfield site, without the costs of building pipeline infrastructure or trucking water offsite
- The treatment process consists of a series of membrane-based
filtration methods that separates impurities from oil and gas wastewater to yield clean water as a final product
- The process allows for the recycling or controlled release of
- ilfield-produced water and reduces or eliminates downhole and
associated transportation costs
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Ultra-High Temperature Water Treatment
- MGX’s 60% owned engineering partner PurLucid has been
awarded an $8.2 million grant to commercialize the water treatment technology
- Multiple systems have been deployed to oilfield operators
throughout Alberta to date
- Water treatment systems utilize highly charged Replaceable
Skin Layer (RSL™) membranes related to nanofiltration and High Intensity Froth Flotation (HiFF) systems, known as nanoflotation
- Collectively have demonstrated performance superiority over
- ther processes typically used to remove contaminants.
- Technology allows for ultra-high temperature water treatment
(up to 700°C) at 10-30 times the efficiency of existing ultrafiltration systems
- Offers numerous additional environmental benefits
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The $29 Billon North American Wastewater Treatment Industry
5 10 15 20 25 30 35 40 2018E 2019E 2020E 2021E 2022E 2023E 2024E 2025E North rth Ame Americ ican Pro roduced Wate ter Fo Fore recast t (Bil Billi lions bbl)
Onshore Crude Shale Gas Offshore Crude Oil Sands Natural Gas
Sources: Global Water Intelligence Report 2011
200 400 600 800 1,000 1,200 1,400 1,600 1980 1990 2000 2013 North rth Ame Americ ican Br Brin ine to O&G O&G Ra Ratio tios (Unit its, Mill illions)
Oil Gas Brine
Sources: GeoScout – AB, BC, Sask., Man. and North Dakota Combined Production Figures
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MGX and PurLucid Deploy First Wastewater Treatment System in Alberta
- First contracted system is now fully manufactured and
commissioned at oilsands SAGD operation in Alberta
- Treatment system is capable of processing 10m3 per hour and
customer pay fixed processing fee
- System processes evaporator blowdown water (EBD) and
significantly reduces greenhouse gases through energy savings
- n steam generation
- Provides superior treatment outcomes when compared to
conventional technology and can treat the water in line, under temperature and pressure, without cooling water first
- Fabrication and deployment of the second contracted
wastewater treatment system scheduled for June
- Contracts currently being negotiated for additional wastewater
treatment systems
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Energy Storage
< $10 / kWh
The cost of energy storage for a typical zinc-air battery system
20,000
The number of operating life hours per subsystem of a typical 20 kW system
Long Duration, Zinc-Air Energy Storage
- MGX’s 60% owned energy partner MGX Renewables Inc. develops
zinc-air flow batteries designed for high capacity, long duration use ranging from commercial and industrial to grid-scale applications
- Using low-cost zinc and air as fuel, this patented zinc-air fuel cell
technology employs a fuel tank structure that is highly scalable to deliver backup power in the range of 5 to 100 kW over extended periods of time
- With its modular structure and low-cost components, MGX
Renewables’ technology lowers cost barriers to shifting to renewable energy
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Low cost, Long duration energy storage systems
- Resolves intermittent and unpredictable nature of renewable
energy sources such as wind and solar
- Over 20 patents granted to date; development program
validated by SDTC (including C$2.9 million grant)
- Technology is scalable, robust and reliable; insensitive to
environmental and operational conditions
- No toxic, explosive or combustible materials; flexibility to
- ptimize for power & energy needs
- Manufacturing plan of scale-up units underway
- Technology can be deployed into a wide range of synergistic
applications:
- Renewables Storage (wind, solar, tidal)
- Grid Scale Storage and Energy Trading & Arbitrage
- Industrial, Mine, Factory On-Demand and Peak Shaving
- Long Duration Storage and Backup
- Stationary and Portable Energy for Military and Natural
Disasters
- Diesel Generator Replacement and Augmentation
- Motive power (rail or marine)
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Safe / Scalable / Robust / Flexible
22
Typ Typic ical al 20 20 kW Sys System Rat ated Pow Power 20 20 kW Energ rgy St Storage 120 kWh Di Discharge Ti Time 8 hours at rated power Recharge Ti Time 8 hours at rated power Ope peratin ing Life 20,000 hours per subsystem Cyc Cycle les Unlimited within lifetime Effic icie iency cy 65% round trip Electric ical al Int nterfac ace 48 V DC
Patented Zinc-Air Fuel Cell Technology
Oxy xygen to
- at
atmosphere Oxy xygen from rom at atmosphere Pow Power r to
- Load
- ad
Pow Power r fro rom Sou Source Recharge Cyc Cycle le Di Discharge Cyc Cycle le Zn Zn / / KOH Zn Zn / / KOH Zn ZnO / / KOH Zn Zn / / Zn ZnO / / KOH Regenera rator Fu Fuel l Tan Tank Ce Cell ll St Stac ack
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$332.1 Billion
Global clean energy investments in 2018
$7.4 Trillion
Projected investment dollars into clean energy between now and 2040
Silicon: Helping Shape The Energy Landscape
- Silicon’s versatility makes it prevalent throughout the energy
landscape
- From its input as a raw material in the production of solar panels,
to its use as an adhesive on wind turbines, to the insulation it provides electrical power lines, silicon is imperative to the growth
- f the renewable energy landscape
- MGX's research and development efforts within the renewable
energy sector, which range from integration of renewable sources with technologies like MGX Renewable’s energy storage systems to the use of silicon as an anode for high energy lithium-ion batteries, will help the Company play an integral role in shaping the new energy economy
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Building A Better Battery
MGX is funding a research consortium with the University of British Columbia dedicated to improving the energy density of lithium-ion batteries by developing a low-cost and scalable manufacturing method for silicon-based anodes. The two-year research program is focused on:
- fabricating nanostructured silicon using low-cost
metallurgical silicon sourced from MGX's wholly
- wned projects as a feedstock and
- compositing nanostructured silicon with
commercial graphite to develop a high- performance silicon anode. The purpose of the research is to replace the graphite anode with silicon and complete a hybrid in the short- term which will not require retooling. The ultimate goal is to enable next-generation Li-ion batteries capable of quadrupling energy density from current 100 Wh/kg up to 400 Wh/kg for use in long-range electric vehicles and grid storage.
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MGX and UBC Develop Breakthrough in High-Energy Lithium-Ion Batteries
- Partnership has successfully developed a novel hybrid organic-inorganic material for use in engineering silicon interfaces
- These interfaces will prove critical in achieving a highly efficient, long-lasting silicon anode that will aide in the development of next
generation lithium-ion batteries
- MGX and UBC are currently conducting process optimization on metallurgical grade silicon with the goal of utilizing low-cost
metallurgical-grade silicon as a feedstock to fabricate nanostructured silicon
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Conventional Mining
$1.05 Billion
Estimated pre-tax life of mine cash flows from production at Driftwood
66%
Percentage of annual global magnesium production originating from China
- Two-thirds of the world's magnesium originates from China
- The United States has designated magnesium as a strategic metal
- As demand continues to rise and the metal becomes more difficult
to source, MGX’s Driftwood Creek magnesium deposit represents a North American solution to a growing global problem
- Located in southeastern British Columbia, Driftwood Creek is the
largest undeveloped magnesium deposit in North America
- It offers the potential to mine a strategic metal in a geopolitically
stable, mining-friendly jurisdiction that meets the highest environmental and ethical standards
Magnesium: A Metal For The Future
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China accounts for 66% of annual global output North America’s sole magnesium metal
- peration (<1%)
Driftwood Creek Russia <1% Brazil <1% Turkey <2%
Current Sources of Magnesium Are Insecure
Sources: Global Magnesium Market Overview / USGS Minerals Commodities Summary, 2017
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Demand for Magnesium is Rising Steadily
8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 $8.0
Demand (000's Kt) Market Value (Billions, US$)
Source: Future Market Insights, August 2016; Assumes Long-Term Price of US$4,000/tonne
➢ Magnesium is 75% lighter than steel and 33% lighter than aluminum while still offering comparable strength-to-weight ratios ➢ Automobile manufacturers increasingly shifting towards magnesium-alloy to reduce vehicle weights and meet fuel-efficiency standards ➢ Producers of consumer technology products (cell phones, laptops, cameras, etc.) favor magnesium alloys due to light weights and increased durability ➢ Recent advances in magnesium battery technology show strong potential for future additional non-structural applications ➢ Research to develop magnesium-based cathode designs viable for battery storage being pursued by numerous organizations worldwide
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Developing North America's Next Magnesium Oxide Mine
MGX is poised to become the next producer of magnesium oxide in North America. The 2018 N.I. 43-101 Preliminary Economic Assessment completed on Driftwood Creek highlighted the robust nature of the high-grade deposit:
- Pre-tax NPV @ 5% of $529.8 million, IRR of 24.5% with a 3.5-year payback
- Post-tax NPV @ 5% of $316.7million, IRR of 19.3% with a 4.0-year payback
- Initial capital costs of $235.9 million (Total life-of mine ("LOM") - $239.8 includes sustaining/closure costs of $3.9 million and
contingency costs of $40.0 million)
- Conventional quarry pit mine with a 1200 tonne per day ("tpd") process plant using conventional crushing, grinding, flotation
upgrading, calcination, and sintering to produce a saleable DBM product
- Cash costs of $350/tonne MgO / All-in sustaining costs ("AISC") of $351/tonne MgO
- Average annual MgO production of 169,700 tonnes over a 19-year mine life
- LOM average head grades of 43.27% MgO / LOM MgO recoveries of 90%
- LOM strip ratio of 2.4 to 1 of rock to mineralized material
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Driftwood N.I. 43-101 Mineral Resource Estimate
1. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources estimated will be converted into Mineral Reserves. 2. The Lerchs-Grossman (LG) constrained shell economics used a mining cost of US$8.82/t, processing+ g&a costs of US$106/t, and a commodity price of US$600.00/t 95%MgO DBM. 3. Mineral resources are reported within the constrained shell, using a cutoff grade of 42.5% MgO (based on a 20-year LOM) to determine “reasonable prospects for eventual economic extraction.” 4. Mineral Resources are reported as undiluted 5. Mineral Resources were developed in accordance with CIM (2010) guidelines 6. Tonnages are reported to the nearest kilotonne (kt), and grades are rounded to the nearest two decimal places 7. Rounding as required by reporting guidelines may result in apparent summation differences between tonnes, grade, and contained metal. 8. M&I = Measured and Indicated.
CL CLASS TON ONNES x1 x1000 MgO% gO% Al2 Al2O3% Ca CaO% Fe2 Fe2O3% SiO2% LIO% O% Mea easu sure red 4,702.7 43.31 1.01 0.95 1.29 5.06 47.83 Indi dicated 3,144.4 43.22 1.00 1.05 1.42 4.67 47.99 M + I 7,847.1 43.27 1.00 0.99 1.35 4.90 47.89 Inferr rred 55.8 42.95 0.93 0.66 1.43 6.07 47.46
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Jare Jared Lazers azerson / / Pre Presid ident, CE CEO and and Di Director Jared Lazerson is the President, CEO and Director of both MGX Minerals and MGX Renewables. Mr. Lazerson has worked in the mining and technology industries for nearly 25 years and is responsible for the discovery and development of the $1.5 billion Driftwood Creek magnesium deposit in British Columbia. He is also considered a pioneer in developing the globally significant petrolithium business model and associated technological advancements to extract lithium and other valuable elements from oilfield produced waters and geothermal brines. Mr. Lazerson focuses on strategizing, funding and growing
- rganizations that develop new battery technologies, extraction processes and other cleantech innovations that will lead the
global transition from fossil fuels to renewable energy. He holds a BA in International Relations from the University of Pennsylvania. Mich chael l Reim imann (Ph Ph.D) / / CF CFO and and Di Director
- Dr. Reimann graduated in Engineering Physics from the Royal Military College of Canada and obtained a Ph.D. in Physics
from the University of British Columbia. He has over 45 years of experience in senior corporate management in both public and private companies. Most recently Mr. Reimann served as CFO of Skana Capital (TSX.V: SKN) and PNG Gold (TSX.V: PNG). Ran andal all l Kell Keller r / / VP P of
- f Bus
usin iness De Develo lopment
- Mr. Keller is a highly accomplished executive with over 35 years of global experience in the energy sector. He is formerly the
Director of Business Development, Transmission and Land Assets, for Berkshire Hathaway Energy Renewables (“Berkshire”), a holding company controlled by Berkshire Hathaway Inc. At Berkshire, Mr. Keller was responsible for the development of large-scale renewable energy projects within the Berkshire holdings platform in southern California and managed a large team of engineers, geologists, chemists and scientists, overseeing budgets in excess of $1 billion.
MGX Leadership Team
34
MGX Leadership Team
And Andris ris Ki Kikauka (P.
- P. Geo) /
/ VP P of
- f Exp
xplo lora ratio ion and and Di Director
- Mr. Kikauka is a geologist with over 30 year of experience. From 1996 to 2012 he was Project Geologist overseeing
exploration programs at Goldrea Resources. Mr. Kikauka is Project Geologist for Rio Minerals as well as a director of American Manganese Inc. (TSX.V: AMY), which is focused on mineral properties and commodities used in the steel industry. He holds a B.Sc. in Structural Geology, Mineralogy & Petrology from Brock University. Ch Chris ristopher Wolf
- lfenberg /
/ Di Director
- Mr. Wolfenberg is a Partner with the law firm of Fasken Martineau LLP. Prior to his current position he was a Partner with
Norton Rose Fullbright. He provides practical advice to select clients active in the mining, technology and energy sectors and has acted as an officer and director of numerous public, private and non-profit entities. Mr. Wolfenberg holds a Bachelor of Social Sciences from the University of Ottawa, a Bachelor of Laws from Queen's University and a Master of Laws from Cornell Law School. Lynd yndon Pat Patric rick (LLB) / / Di Director
- Mr. Patrick is a Vancouver-based, independently practicing lawyer. He has practiced in British Columbia since 2001 in the
areas of litigation and real estate. He holds an LLB from the University of Alberta, and an MA and BA from the University of British Columbia. Mr. Patrick is an independent director of the Company.
35
MGX Consultants
Th The Lam amar ar Cor Corpora ratio ion
- Led by Dr. Larry Marks who is a 35-year industry veteran of the oil and gas sector
- Previously spent 30 years in various executive roles for Shell Canada
- Implemented strategies for marketing, sales and transportation of energy and co-products representing more than $3 billion in annual
revenue while at Shell Canada Ch ChemCognit itio ion LLC C (Chemco)
- Spearheaded by Mr. Claudio Manissero who holds over 40 years of global experience in the chemical industry
- Significant experience in mining, environmental and O&G sectors
- Previously spent 21 years at FMC Corporation (2nd largest producer of lithium globally) where he served as Sales and Marketing Manager
Se Senator r Richard rd Pol Polanco (Ret)
- Former California State Assembly Member and Senator
- Served in State Assembly for eight years
- Senate Majority Leader from 1998 until his retirement in 2002
36
MGX Consultants
Dr.
- Dr. Vijay Mehtu
- Former Process Development Technology Leader at FMC Lithium Corporation
- 45 years of R&D 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
- Extensive knowledge of lithium brine and ore chemistries; 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 Eri rich Sch Schnake
- Former Chilean Mining Ministry Undersecretary; implemented new policies for the mining sector in Chile
- Acted as advisor to both General Secretariat of the Presidency as well as Tripontis Ltda.; designed and drafted contract documents and
procedures for Codelco, CMDI Collahuasi, Antofagasta Minerals S.A., and Cementos Bío Bío Kura Kura Minera rals ls
- Led by Francisco Acuña (P. Eng.), Alvaro Florez (LLB) and Thomas Eggers
- Leading consulting firm with existing relationships throughout South America
- Led by a Chile based management team
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Capital Structure
As of May 1, 2019 Issued & Outstanding 140,385,960 Reserved For Issuance 71,371,754 Fully Diluted 211,757,714
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Invest In The New Energy Economy MGX Minerals Inc. CSE: XMG / OTCQB: MGXMF / FKT: 1MG Further Information:
- Mr. Jared Lazerson