As manganese gains attention as a potential major component in the next generation of battery technology, Manganese X Energy Corp. is moving rapidly into the North American manganese market and is moving quickly to explore the Houlton Woodstock property by completing its diamond drill program consisting of 16 holes totaling 3,589 meters, on Iron Ore Hill, Sharpe Farm and Moody Hill manganese occurrences. The drill targets were based on the results derived from gravity and magnetometer surveys completed in October. Drill results are expected toward the end of January 2017. Manganese has long been used in alkaline batteries, but according to Ecclestone, the more cutting edge application is known as the Lithiated Manganese Dioxide (LMD) Battery. The standard mix of LMD used in batteries contains 4% Lithium, 61% manganese and 35% oxygen by atomic weight.
The attractions of this format are that LMD has high power output, thermal stability and enhanced safety when compared to other lithium ion battery types. For these reasons LMD batteries are currently being used in the Chevy Volt and Nissan Leaf. Research at the University of Illinois has achieved an advanced prototype battery, using Lithiated Manganese that can be recharged in as little as two minutes (equivalent to filling a gas tank). He added that battery consumption of Electrolytic Manganese Dioxide (EMD) has been predicted to be fastest growing segment of manganese production with a CAGR [compound annual growth rate] of 5.1% from 2015 to 2022.
Managed & Built by I2M Consulting, LLC | © 2010-
