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Bullboard - Stock Discussion Forum Manganese X Energy Corp V.MN

Alternate Symbol(s):  MNXXF

Manganese X Energy Corp. is a Canada-based mining company. The Company is engaged in acquiring and advancing mining prospects located in North America with a focus on supplying value-added materials to the lithium-ion battery and other alternative energy industries. It operates through two segments: the acquisition and exploration of mineral property interests in Canada and technology... see more

TSXV:MN - Post Discussion

Manganese X Energy Corp > No better time to invest!!!
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Post by oceaneleven on Aug 09, 2021 10:03am

No better time to invest!!!

Schmall mentioned that they can slash them by up to 50%. If that is correct, electric cars may soon go beyond production cost parity with ICE vehicles: they may become cheaper to produce, depending on the chemistry. That is why Volkswagen is working with four of them starting in 2023.

For entry-level vehicles, Volkswagen will adopt LFP (lithium iron phosphate) cells. They are already in use by Tesla in the Model 3 made in China and by Wuling in the Hongguang Mini EV. Apart from cost, these cells are also safer, with much lower risks of thermal runaway episodes.

For high-volume cars, unified cells will have high manganese cells, something battery specialists were not very convinced about. So far, they have presented a low cycle life and relatively low energy density. It seems Volkswagen managed to overcome those issues with its suppliers, such as Gotian. According to Frank Blome – Volkswagen Group Component's head of battery cell and system – manganese is much cheaper than nickel, which offers higher energy density.
Comment by oceaneleven on Aug 09, 2021 12:08pm
a positive PEA will bring out a major player to back us as we work through DFS. We could possibly see Tesla or Volkswagen or even China's SVOLT investments.  High manganese/nickel batteries will be the way of the future!!!!!! We are set to make new 52 week highs in next couple of months...Bank that!!!!!
Comment by oceaneleven on Aug 12, 2021 8:42am
Manganese Manganese production in top producer South Africa in April more than tripled as covid disruptions eased, but BNEF says mining operations in the country are plagued by challenges associated with haulage, electricity reliability and port operations.  The manganese battery supply chain will experience the strongest growth through 2030, with the market increasing in size by a factor ...more  
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