Morocco is the third largest producer of phosphate containing about 75% of the world’s combined estimated reserves. Foreign investors have found the investment climate, infrastructure, fiscal situation, and political stability very favourable to the mining business.
The company intends to become a force in the green energy sector first through the development of manganese deposits, and ultimately as a significant low-cost supplier of manganese for industry and to the burgeoning LMC battery market.
Exploration on Advanced Stage Manganese Assets
In conjunction with Maxtech’s strategic development partners, the Company is currently preparing applications for permits to explore potential high grade manganese deposits in Morocco. The Company is actively evaluating several advanced stage manganese assets in Morocco with an emphasis on fully permitted mining concessions with established histories of manganese production. In addition, Maxtech is seeking further global off-take partners to complete a vertical manganese operation platform in the region.
Green Energy Resources SARL
Green Energy Resources is a junior exploration company based in Morocco, aiming to become a force in the green energy revolution through the development of manganese, copper deposits and become a low cost supplier for the " industry booming LiMn2 batteries. Green Energy's long-term strategy is to build a multinational manganese and copper mineral company to produce and sell in Europe and Asia.