This ore-sorting process is also projected to deliver significant capital expenditure (CAPEX) and operating cost (OPEX) savings, potentially supporting a strong outcome in the Company's upcoming PFS. Results confirm that Battery Hill material is highly amenable to ore-sorting, enabling substantial improvements in feed grade while providing significant potential capital and operating costs savings. RETRANSMISSION: Manganese X Reports Positive Phase 2 Ore-Sorting Results - Achieving 80% Mill Feed Upgrade Impr ...

Core Insights - Manganese X Energy Corp. reported highly positive Phase 2 ore-sorting results, achieving an 80% increase in mill feed grade in its Battery Hill pilot program [2][5][7] - The ore-sorting process is expected to significantly reduce capital and operating costs, enhancing project economics [5][8] Ore-Sorting Results - The ore-sorting program processed over 400kg of rock from the Battery Hill manganese deposit, confirming the material's suitability for ore sorting [4][6] - The increase in mill feed grade indicates that the processed material contains 80% more manganese per tonne than the original mined material [3][7] Economic Implications - The ore-sorting technology is projected to positively impact capital expenditure (CAPEX), operating costs (OPEX), and production costs per tonne, leading to improved project economics [5][7] - Higher-grade feed allows for smaller facilities to produce more metal, maximizing resource utilization and potentially improving project NPV and IRR [8] Future Plans - The study was conducted in preparation for the upcoming Pre-Feasibility Study (PFS) scheduled to commence in Q3 2025, with ongoing discussions about integrating ore sorting into the PFS program [6][10]

Core Insights - The G7 Critical Minerals Action Plan represents a significant opportunity for Manganese X Energy's Battery Hill Project, aligning with Canada's and the G7's vision for critical minerals [1][3][4] Industry Overview - The Action Plan emphasizes Canada's leadership in establishing secure supply chains for critical minerals, which are vital for clean energy and battery technologies [2] - Manganese is highlighted as a key mineral for global decarbonization and next-generation battery production, underscoring the strategic importance of the Battery Hill Project [4] Company Developments - Manganese X Energy is optimistic about advancing its Battery Hill project, with plans for a Pre-Feasibility Study (PFS) that aligns with the Action Plan's encouragement for investment in mining and processing projects [3][5] - The company aims to become the first publicly traded manganese mining company in Canada and the US to commercialize high-purity manganese for electric vehicles, contributing to the North American critical minerals supply chain [6] Strategic Initiatives - The Action Plan includes mobilizing investment in mining and processing, supporting local value creation, and promoting innovation in critical minerals processing and sustainable supply chains [9]