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Manganese X Energy Corp. Underscores Urgency to Establish North American Battery Materials Supply Chain Due to China's Recent Export Controls on Critical Minerals

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Manganese X Energy (OTCQB: MNXXF) responded to China’s new export controls, effective November 8, 2025, which restrict exports of high-performance lithium-ion batteries, cathode materials (including LFP and lithium-rich manganese materials), graphite anode materials, and key production technologies.

The company said this shift could disrupt global EV and BESS supply chains and increase demand for a North American, ethically sourced high-purity manganese supply. Manganese X highlighted its Battery Hill project in Woodstock, New Brunswick, as positioned to support regional battery-material needs.

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On the day this news was published, MNXXF gained 6.78%, reflecting a notable positive market reaction.

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Montreal, Quebec--(Newsfile Corp. - October 20, 2025) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) ("Manganese X" or the "Company") spokesperson, CEO Martin Kepman, stressed the urgency of establishing a North American battery materials supply chain due to China's recently imposed stringent export controls on critical minerals.

China's new export control regulations, taking effect November 8, 2025, impose export controls on high-performance lithium-ion batteries, cathode materials, including lithium iron phosphate (LFP), ternary precursors, and lithium-rich manganese-based materials, as well as graphite anode materials and key production technologies.

Kepman stated, "These measures represent a significant escalation in China's control over the export of critical materials essential to global EV, battery energy storage system (BESS) and defence industries. The restrictions are expected to disrupt international supply chains and accelerate the push for North American and European self-sufficiency in battery material production."

He added, "China's latest export controls underscore the urgency of establishing a secure and independent North American battery materials supply chain. Manganese X's Battery Hill manganese project, located in Woodstock, New Brunswick, Canada, is a vital step towards ensuring a domestic production of high-purity manganese (HPMSM) — a key ingredient in next-generation EV cathode chemistries such as lithium manganese-rich (LMR), lithium manganese iron phosphate (LMFP) and nickel manganese cobalt (NMC)."

Manganese X, with its Battery Hill manganese deposit, is strategically positioned to help fill this emerging supply gap. The Company's mission has long been to supply ethically sourced, high-quality manganese materials for the North American EV and energy storage markets, reducing dependency on foreign — particularly Chinese — processing capacity.

Manganese is an increasingly critical component in high-performance and cost-efficient EV batteries. The addition of manganese chemistries enhances energy density, stability, and range — properties now sought after by leading battery and automotive manufacturers worldwide.

"The geopolitical landscape for critical minerals is shifting rapidly," said Kepman. "Our goal is to position Manganese X as a cornerstone supplier of North American high purity manganese, fully aligned with government initiatives promoting energy security, economic resilience, and clean technology leadership."

As nations adjust to these new trade dynamics, Manganese X remains committed to supporting the growth of a sustainable, transparent, and regionally secure EV battery and back up energy ecosystem across North America.

About Manganese X Energy Corp.

Manganese X's mission is to advance its Battery Hill project into production, thereby becoming the first public actively traded manganese mining company in Canada and US to commercialize EV compliant high purity manganese, potentially supplying the North American supply chain. The Company intends on supplying value-added materials to the lithium-ion battery and other alternative energy industries, as well as striving to achieve new carbon-friendly more efficient methodologies, while processing manganese at a lower competitive cost.

For more information visit the Company's website at www.manganesexenergycorp.com.

On behalf of the Board of Directors of
MANGANESE X ENERGY CORP.

Martin Kepman
CEO and Director
Email: martin@kepman.com
Tel: 1-514-802-1814

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Manganese X, are forward-looking statements. Forward-looking statements in this news release relate to the effect of China's export controls, and the effective date thereof, on critical minerals, the supply chain of battery minerals and any disruption thereto, and the Company's goals and plans to support a North American battery materials supply chain through the development of its Battery Hill manganese deposit. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Manganese X, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. These risks, as well as others, are disclosed within the Company's filings on SEDAR+ (www.sedarplus.ca), which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements. Manganese X does not assume any obligation to update the forward-looking statements if beliefs, opinions, projections, or other factors, should change, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271017

FAQ

What did Manganese X (MNXXF) say about China’s export controls effective November 8, 2025?

Manganese X said the controls target cathode and anode materials and could disrupt global EV and BESS supply chains, increasing urgency for North American supply.

How does the Battery Hill project in Woodstock, New Brunswick, relate to MNXXF’s strategy?

Manganese X said Battery Hill is positioned to produce high-purity manganese to help supply North American EV and energy storage manufacturers.

Which specific materials did China’s export controls list that Manganese X referenced?

The controls include high-performance lithium-ion batteries, LFP, ternary precursors, lithium-rich manganese materials, graphite anode materials, and key production technologies.

What date do China’s new export control rules take effect and why does MNXXF highlight that date?

The rules take effect on November 8, 2025; Manganese X highlighted the date as a trigger increasing the need for regional supply security.

What industries did Manganese X say could be affected by the export controls?

Manganese X identified the electric vehicle (EV), battery energy storage system (BESS), and defence industries as potentially affected.

Does Manganese X claim its Battery Hill project will replace Chinese processing capacity for MNXXF investors?

The company said Battery Hill is intended to help reduce dependency on foreign processing capacity by supplying ethically sourced, high-purity manganese to North America.
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