Materials, energy and metals firm MGX Minerals Inc (CSE:XMG, OTCQB:MGXMF) has been nominated as a finalist in the S&P Global Platts metal awards.
The company has been selected from 100 nominations for two categories - the base and speciality metals industry leadership award as well as the breakthrough solution of the year award.
The company's technology rapidly extracts lithium and other elements from oilfield and oilsands wastewater, mine tailings, and natural brine, leaving a clean water by-product.
Winners will be chosen by an independent panel of international experts, whose experience includes regulation, corporate leadership, trading and technology, and will be announced at a black-tie celebration on May 17 this year in London.
Commercial units are nearing deployment and have been designed to be scalable and modular.
MGX controls over 2mln acres of lithium-bearing brines throughout North America.