Aug. 12 at 7:50 AM
$MNXXF Key Takeaway
Phase 2 ore-sorting tests at the Battery Hill project delivered an 80% increase in mill-feed grade using full-scale production equipment. This is a major technical milestone that could reduce capital (CAPEX) and operating (OPEX) costs while lowering the project’s environmental footprint.
BULL CASE – Why This Could Be a Breakthrough
Immediate Technical Credibility
-->Achieved with production-scale equipment, processing over 400 kg of actual Battery Hill material.
-->Proof-of-concept validated well beyond bench-scale testing.
Significant Cost Impact
-->Higher feed grade = smaller processing plant, lower CAPEX, reduced OPEX.
-->Reduced energy, water, and tailings management needs
-->potential ESG and permitting advantages.
Strategic Fit in a Booming Sector
-->Manganese is a critical mineral for high-performance EV and grid-storage batteries.
-->Canada’s and the G7’s critical minerals strategy could favor domestic supply and project financing.
