GREY:MGXMF - Post by User
Post by
jimbojimon Jan 16, 2018 9:20pm
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Post# 27373367
Highbury Energy...and Magnesium Production
Highbury Energy...and Magnesium ProductionCheck out highburyenergy.com
You will discover that they will be providing syngas derived from biomass, like dead trees, which will provide the power needs for our huge magnesium resource, 100,000 tonnes per annum for 40 years.Highbury Energy is to biomass energy as ZincNyx is to mass renewable storage.They can actually produce syngas from human waste.
So it appears we collaborate with them to take petcoke and produce a high caloric syngas which we sell or use to power the process......and then we derive income from the nickel, vanadium and cobalt which is concentrated in the remaining ash.
It's another winner for MGX Minerals. Just as we now take "worthless" brine and end up with lithium and magnesium, we will soon be taking "worthless"petcoke and end up with nickel, vanadium and cobalt.
What's not to like here ?