Manganese X Energy Corp. Launches Battery Hill Prefeasibility Study, Appoints ABH Engineering and GEMTEC Consulting

12/03/2025 – 12:15 AM

Montreal, Quebec – Manganese X Energy Corp (TSXV: MN) announced the immediate kickoff of its flagship Battery Hill High‑Purity Manganese Prefeasibility Study, selecting ABH Engineering Inc. and GEMTEC Consulting Engineering and Scientists Ltd. as the primary partners.

The PFS will evaluate the technical, economic and regulatory feasibility of developing Battery Hill into one of North America’s first high‑purity manganese production hubs for the electric‑vehicle (EV) and energy‑storage markets. By integrating a refined processing flowsheet, advanced ore‑sorting technology, and recent metallurgical data from Kemetco Research, the study aims to deliver a robust, low‑cost production model.

ABH Engineering will oversee all core technical aspects, including mine design (both open‑pit and potential underground scenarios), production scheduling, ore‑sorting integration, process engineering, infrastructure layout, and detailed capital‑expenditure (CAPEX) and operating‑expenditure (OPEX) estimates. Their expertise in advanced economic modelling will help quantify the project’s net‑present value (NPV), internal rate of return (IRR) and payback period under a range of commodity‑price scenarios.

GEMTEC will manage the environmental baseline studies, hydrogeological modelling, water‑management plans, and the permitting pathway. Their long‑standing relationships with First Nations and local communities in New Brunswick position them to streamline stakeholder engagement and secure the social licence required for large‑scale resource development.

Strategically, Battery Hill sits on a 1,225‑hectare footprint with 54 mineral claims. The proximity to major transportation corridors—5 km from the Trans‑Canada Highway, near rail links and deep‑sea ports in New Brunswick and the St. Lawrence Seaway—offers low‑cost logistics for both inbound raw materials and outbound high‑purity manganese products. The site’s location 15 km from the U.S. border further enhances its appeal as a domestic supply source for North‑American battery manufacturers seeking to reduce reliance on overseas imports.

From a market perspective, high‑purity manganese is a critical component in lithium‑ion battery cathodes, where it improves energy density and thermal stability. As EV adoption accelerates, demand for battery‑grade manganese is projected to grow at a compound annual growth rate (CAGR) of 8‑10% through 2035. Manganese X’s focus on a low‑cost, environmentally responsible production process could give it a competitive advantage, especially if it can deliver manganese at a price point below the current Asian‑sourced benchmarks.

Financially, the PFS will provide investors with clearer visibility into the capital requirements and potential cash‑flow profile of the project. Assuming a conservative manganese price of $3,500 per tonne and an operational capacity of 250,000 tonnes per year, preliminary models suggest an EBITDA margin in the high‑20s percent range, subject to inflation‑adjusted cost inputs and permitting timelines.

About Manganese X Energy Corp: The company’s mission is to bring Battery Hill into commercial production, positioning itself as the first publicly traded manganese mining company in Canada and the United States to supply EV‑grade high‑purity manganese for North‑American battery supply chains. Manganese X is committed to implementing carbon‑efficient extraction and processing methods that lower the overall cost structure while meeting stringent environmental standards.

About ABH Engineering: ABH Engineering Inc. is a Canadian mining‑engineering consultancy specializing in mine design, project optimization, advanced economic modelling and operational readiness. The firm has delivered technical solutions for a wide range of critical‑minerals and advanced‑stage development projects across North America and internationally.

About GEMTEC: GEMTEC Consulting Engineers and Scientists Ltd. is an Atlantic‑Canada based engineering and environmental firm with deep expertise in geotechnical engineering, hydrogeology, environmental science and permitting. Since 1986, GEMTEC has supported hundreds of mining, infrastructure and energy projects, providing scientifically grounded, defensible solutions that enable responsible resource development.

Cautionary Note Regarding Forward‑Looking Statements: This release contains forward‑looking statements regarding the timing, scope and outcomes of the Battery Hill PFS, anticipated contributions from ABH and GEMTEC, projected project economics and the potential for Battery Hill to become a high‑purity manganese production hub. Such statements are based on current assumptions and are subject to a variety of risks and uncertainties, including but not limited to commodity‑price volatility, permitting delays, technical challenges and broader economic conditions. Actual results may differ materially from those expressed or implied in these statements. Readers are encouraged to review the company’s filings on SEDAR for a fuller discussion of risk factors.