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MGX Minerals moves on to second phase of lithium-ion battery research with university of British Columbia

It comes as the phase 1 assessment of the silicon from the projects is now complete
Under the hood of an electric car
Lithium batteries are used in electric cars

MGX Minerals Inc. (CSE:XMG) (OTCQB:MGXMF) says it has moved onto the second phase of its collaborative research on developing high energy lithium-ion battery.

Its work with the University of British Columbia is now focusing on a scalable process to upgrade metallurgical silicon from MGX's silicon projects to battery-grade silicon anode for use in batteries, the company said in a statement.

READ: MGX Minerals funding research consortium to improve energy density of lithium-ion batteries

It comes as the phase 1 assessment of the silicon from the projects is now complete.

MGX has three silicon projects in southeastern British Columbia - Koot, Wonah and Gibraltar.

"MGX and UBC are working together to develop next-generation Li-ion batteries capable of quadrupling energy density from current 100 Wh/kg up to 400 Wh/kg for use in long-range electric vehicles and grid storage," the Vancouver-based firm said.

A viable replacement

MGX says the developed silicon anode will serve as a viable replacement over the present graphite anode and enable higher-energy-density lithium-ion batteries for numerous applications, including electric vehicles, grid storage and telecommunications.

The program with the University of British Columbia is due to last two years.

Contact Giles at [email protected]

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