Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF), through wholly owned subsidiary ZincNyx Energy Solutions, Inc., this morning announced that it has solved the long-standing reliability issues caused by the growth of zinc dendrites in zinc-air flow batteries. Because the growth of zinc filaments, or dendrites, in unintended areas can cause membrane ruptures or short circuits, avoidance of dendrite damage is noted as the “most significant hurdle in [the] development and commercialization of zinc-air flow battery systems.” The ZincNyx system is immune to this issue, because it uses zinc dendrites as fuel and consumes them as part of its normal operation. Additionally, the company’s innovative solution contains none of the traditional high-cost battery commodities, such as lithium, vanadium and cobalt, making it a low-cost energy storage solution that can be deployed into a wide range of applications. MGX notes that ZincNyx’s regenerative zinc air-flow battery can be readily scaled from kilowatt to megawatt range, offering flexible energy/power ratios.
To view the full press release, visit http://dtn.fm/mqK06
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About MGX Minerals
MGX Minerals is a diversified Canadian resource and technology company with interests in lithium, magnesium and silicon assets throughout North America. MGX currently owns 34% of PurLucid and has the exclusive right to acquire a 100% interest as well as owning the global rights to recently developed lithium and mineral extraction technologies co-operatively developed by PurLucid and MGX. Learn more at www.mgxminerals.com
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