MGX Minerals (XMG) Stock Price, News & Analysis

MGX Minerals Inc. engages in acquisition, exploration and development of mineral resource properties and industrial technologies. It explores for lithium, magnesium oxide, silicon, niobium-tantulum, and gold properties, as well as for oil and gas resources. It also owns, operates, and sells water treatment systems to the oil and gas industry. In addition, the company develops a hardrock lithium extraction technology from brine, which eliminates the need for solar evaporation; gasification technology to turn petroleum coke into hydrogen and ash concentrate containing vanadium in one instance and nickel-cobalt in another; and zinc-air battery technology suitable for low cost micro and grid scale storage of energy. The company operates and invests in mineral properties located in Canada, the United States, Chile, and Argentina. MGX Minerals Inc. is headquartered in Vancouver, Canada.