London, UK – 27th November, 2024

Moga announces its acceptance for Innovate UK Business Growth. This milestone advances Moga’s commitment for sustainable brine mining to produce low-cost structural metal.

Innovate UK’s Business Growth support program is designed to help innovative businesses accelerate their growth through tailored, one-to-one coaching and access to a broad ecosystem of local, national, and international partners. Moga will benefit from expert guidance to refine its commercial strategy, funding opportunities, and expand into international markets.

Moga’s technology tackles the challenge of decarbonising mineral and metal production, a hard-to-abate sector responsible for an estimated 10% of global greenhouse gas emissions annually. Magmec eliminates the need for land-based mining and its associated emissions by using brine, which can be sourced from coastlines or as a waste by-product of water desalination. This process produces low-carbon metal to meet the growing demand for critical materials in industries like aerospace, automotive, and high-tech.

This partnership is a step forward in Moga’s journey to support build a more sustainable future and make a global impact in the fight against climate change.

For further information, please contact:

info@mogatrade.com

About Moga
Moga is an industry niche-focused critical mineral company looking to pioneer innovative solutions in the mining sector and build resilient supply chains for those minerals that are underserved. With a focus on integrating cutting-edge technology and sustainable practices, Moga aims to transform the mining industry and contribute to global economic development.

About Innovate UK

Innovate UK is the United Kingdom’s innovation agency, which provides funding and support to organisations developing new products and services.