MGX sees huge lithium opportunity in Alberta oil sands
Left: The PurLucid Treatment Solutions laboratory in Calgary, Alberta, MGX’s partner. Source: MGX Minerals Inc. Oil companies could soon be powering the electric car industry. It’s a scenario that looks possible now that Calgary company MGX Minerals Inc. [XMG-CSE; MGXMF-OTCQB; 1MG-FSE] has found a way to extract lithium from waste water produced by Alberta oil sands operations. This week, MGX said its NFLI-5 commercial scale rapid lithium extraction system is ready for deployment...
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