Fremont, CA – 25th July, 2024

In a landmark agreement, Moga has partnered with Vetri Labs, a Silicon Valley based laboratory with advanced electrochemical technologies, to develop innovative solutions for extracting magnesium minerals sustainably from seawater and industrial waste brine. This collaboration marks a significant milestone for Moga’s Magmec initiative.

Vetri Labs brings to the table over 25 years of specialized expertise in electrochemical testing, research, and product development, making them an ideal partner for Moga’s visionary project. This partnership will focus on leveraging Vetri Labs’ cutting-edge technology infrastructure and Moga’s strategic insights to transform mineral extraction processes, including reducing environmental impacts for producing structural metal.

Yousef Gorji, CEO of Moga, announced, “This collaboration with Vetri Labs is not just about innovation; it’s about setting a new standard in the world of metal processing. Together, we are committed to developing solutions that can help to decarbonise the world economy.”

Dr. Chockkalingam Karuppaiah, Founder and Chairman of VetriLabs, shared, “We are thrilled to partner with Moga to push the boundaries of what is possible in mineral extraction. Our combined efforts will focus on developing scalable, sustainable technologies that align with global sustainability goals and contribute positively to the industry.”

The initiative is set to begin with pilot projects at Vetri Labs Incubator, aimed at testing and refining the technology, with expectations to scale up successful practices for broader application in the near future.

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 support the transformation in the mining industry and contribute to global economic development.

About Vetri Labs
Vetri Labs, specializes in electrochemical testing, research, and development, supporting industries with innovative and sustainable solutions. Vetri Labs Incubator is focused on nurturing climate tech start ups through their support for product, process and company scale-up, providing wet lab/office infrastructure and access to angel and venture capital ecosystem.