Martin Kepman, the chief executive officer (CEO) of Canadian manganese mining company Manganese X Energy Corp, said in an interview: "Manganese is a candidate for disruption in the lithium-ion battery space. It has elemental qualities that have the potential to improve density, capacity, rechargeability, safety and battery longevity. The timing for establishing a North American manganese resource could not be better. "With the global push for greener technology and lessening the carbon footprint, Manganese X is poised for leadership in providing a domestic supply of manganese for the rechargeable battery industry, everything from the small consumer batteries in electronic devices, smartphones and energy storage power reserves, to the EV and hybrid electric vehicle industry."Tesla and Volkswagen are two of the most prominent companies exploring the use of manganese batteries at the moment, with Elon Musk recently having gone on record to say that manganese batteries have "potential" to drive the global transition.
E25 Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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