MANGANESE X ENERGY CORP. INVESTING
IN THE EV FUTURE
Manganese X Mission
To become the first publicly traded mining company
in Canada and the US to commercialize high-purityEV-compliant manganese
FSE: 9SC TRADEGATE: 9SC TXSV: MN OTCQB: MNXXF
March 2024 | MANGANESE X ENERGY CORP. |
DISCLAIMER
Certain statements in this presentation are forward-looking statements which may include, but are not limited to, statements with respect to the future financial or operating performance of Manganese X Energy Corp. and its projects, the market conditions, business strategy, corporate plans, objectives and goals, the estimates of the timing, cost, nature and results of corporate plans, the strategy for the development of Manganese X Energy's property and regulatory matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Manganese X Energy Corp. to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Although Manganese X Energy Corp. believes that such expectations are reasonable, there can be no assurance that such expectations will prove to be correct, and therefore actual results may differ materially from those currently anticipated in such statements. You are cautioned not to place undue reliance on any such forward- looking statements, whether made in this presentation or in any question-and-answer period related to this presentation.
March 2024
High Purity Manganese Supply & Demand
Global High Purity Manganese Demand will increase by tenfold to 2030
Manganese is becoming the EV critical mineral of choice, less expensive to process, provides greater energy, density, larger life-cycles
China produces over 90% of the world's high purity electrolytic Manganese metal (HPEMM) and high purity Manganese sulphate monohydrate (HPMSM)
March 2024
NORTH AMERICA IS DEPENDENT
ON MANGANESE IMPORTS
Presently, there is no manganese mining production in the United States or Canada. Manganese ore production is dominated by South Africa, with over a third of the total, followed closely by Australia and China
Manganese X Energy has the potential to become North America's most significant supplier of manganese products for the North American and European markets
March 2024
WHY MANGANESE X IS
A GOOD INVESTMENT
Our MnSO4 is 99.95% pure, contains few impurities and is free of selenium, which is highly toxic to batteries
90% of the global capacity for production of high-purity manganese sulphate for EV batteries is located in China
There is currently no production of manganese in North America
Our Manganese is a carbonate ore and is much more environmentally friendly than a manganese oxide ore
Strategically located 12 km from the U.S. (Maine) border
We have recently completed our robust economic PEA and started our pilot project
TESLA, VW, Ford, GM plan to build new electric vehicles or gigafactories in Canada
Our Phase 3 processing and metallurgical work have been completed
March 2024
WHY MANGANESE IS
A BETTER CHOICE THAN COBALT
Manganese is vastly more affordable
Manganese trades 11-37times cheaper than cobalt which is much more cost effective in the EV cathode
Manganese can be mined ethically
Manganese-based batteries are safer than cobalt-basedbatteries
Manganese batteries are more stable, less toxic, more robust, denser, have quicker charging power as well as longer distance performance and are much more economical
March 2024
BATTERY & EV TRENDS
Major EV and OEM companies have identified plant locations in Ontario and Quebec with over $35 Billion proposed investments
By 2030, experts predict 240 worldwide mega-factories utilizing manganese as their prime mineral
GM is investing $10 billion in developing 25 EV models
Ford is forecast to invest $22 billion through 2025 into their Hybrid EV vehicle projects
The new BASF EV battery uses 70% manganese in the cathode
Tesla projected to put into operation 5 new Gigafactories around the world in the next 5 years. The new Tesla 4680 battery contains 33% manganese in the cathode
Tesla, Volkswagen and Stellantis, the merger of Fiat and Chrysler, are now utilising manganese-nickel chemistries in their batteries
Volkswagen intends to build 6 new Gigafactories by 2030
March 2024
MANGANESE X ENERGY
VALUE PROPOSITION
Strategically Located and One of the Largest
NA Deposits
The Battery Hill manganese deposit is one of the largest manganese carbonate deposits in North America. Strategically located in New Brunswick, Canada, with proximity to North America and Europe's top consumer of manganese
Simple Metallurgical Process
Battery Hill carbonate ore is easily leachable, allowing for direct production of high-purity battery - grade manganese sulphate
Potential for Large Resource and Multiple Products
Battery Hill project mineral resource estimate consists of 34.86 million tonnes of measured and indicated mineral resources grading 6.42% manganese plus an additional 25.91 million tonnes of inferred mineral resources grading 6.66% manganese utilizing a 2.5%manganese cut-off grade that reflects total operating costs having reasonable prospects for economic extraction.
Sensitivity analysis of the Battery Hill deposit to cut-off grade indicates 12.25 million tonnes of measured and indicated mineral resources at 8.77% manganese and 10.61 million tonnes of inferred mineral resources grading 9.05% manganese utilizing a cut-off grade of 7% manganese
Great Upside at Lower Risk
Kemetco's metallurgical research projects have yielded economic results and state of the art technology that has resulted in the advancement of our published PEA.
Our processing costs are extremely economical
In Collaboration with
Downstream Players
The company has signed a collaboration agreement with ev makers, OEM's and cathode materials producer
March 2024
Battery Hill is an ESG Responsible Green Energy Project
Our Vision is to be a Leading Environmentally Responsible Producer
Vision to be the leading environmentally responsible producer of High Purity Manganese for the North American EV battery industry
To help create a cleaner world by enabling the green energy transition needed
Deliver a sustainable, secure and traceable supply for North America. Currently no manganese mines in North America. The developing country mines have issues: environmentally damaging, human rights issues, sustainability concerns, etc.
Potential to integrate renewable energy methods to further reduce sustainability metrics
March 2024
Life Cycle Assessment (LCA) of the Battery Hill Manganese Project
Project aims are to provide an indication of the environmental impact of production of high-purity manganese sulphate monohydrate (HPMSM) by Manganese X Energy from the Battery Hill Site
Mine to market carbon footprint of Battery Hill HPMSM to be established
Will assist in project development and highlight the environmental hotspots where mitigation opportunities and potential improvements will be most impactful
Will be an ISO-compliant(ISO-14040/14044) LCA report
The LCA will be based on the most recent design/engineering data available and the preliminary economic assessment (PEA)
March 2024
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Manganese X Energy Corp. published this content on 03 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2024 03:00:01 UTC.
