Beyond Lithium Expands Critical Minerals Portfolio with Strategic Acquisition of the Owl Creek Copper Porphyry Project in British Columbia and Files Amended Offering Document for LIFE Offering

Beyond Lithium Expands Critical Minerals Portfolio with Strategic Acquisition of the Owl Creek Copper Porphyry Project in British Columbia and Files Amended Offering Document for LIFE Offering

Beyond Lithium Inc. (CSE: BY,OTC:BYDMF) (OTCQB: BYDMF) (the "Company" or "Beyond") is pleased to announce that it has applied for a multi-cell mineral claim encompassing approximately 1,566 hectares in an area of southwestern British Columbia hosting several significant porphyry deposits for copper-moly and copper-gold mineralizations, known as Owl Creek # 1 (the "Owl Creek Project"). The project is situated roughly 8 kilometers northeast of the town of Pemberton and benefits from excellent access via upgraded logging roads, including the Owl Creek Forest Service Road.

Allan Frame, CEO of Beyond, commented, "We are very excited that Beyond now holds three high-quality assets in our critical minerals exploration portfolio. The Ear Falls Project in Ontario has proven spodumene mineralization, the Rare One Project in British Columbia hosts rare earth and base metal mineralization, and our new Owl Creek Project shows extensive copper mineralization right from surface. In recent months, our technical team has carefully evaluated several prospective opportunities, prioritizing projects with strong geological fundamentals, significant upside potential, and good road access for extended exploration seasons. We remain committed to exploring for critical minerals in a disciplined geological approach to drive long-term value for our shareholders."

Regional Geology

The Owl Creek Project is located within the regional Cascade Magmatic Arc that spans over 1,200 km from northern California to Canada (Hildreth 2007). The Cascade Magmatic Arc is a post-accretionary arc hosting several significant porphyry deposits for copper-moly and copper-gold mineralizations associated with Miocene intrusions including (Figure 1):

  • Mt. Margaret in southwestern Washington State (Ascot Resources Ltd.)8

    • Historical geological resources of 523.0 MT at 0.36% Cu, 0.011% Mo, and 0.24gpt Au (CIM Special Volume 37, 1986)

  • New Prosperity in south-central BC (Taseko Mines)7

    • Total Measured and Indicated Resources at 0.15% Cu cutoff grade with 1,109 MT at 0.24% Cu and 0.007% Mo

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8620/262141_beyondlithiumimg1_550.jpg

Figure 1. Owl Creek Project in Relation to Other Porphyry Projects in the Cascade Magmatic Arc

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8620/262141_beyondlithiumimg1.jpg

Historical Exploration Work & Highlights

  • Early 1900s

    • The Owl Creek showing was first discovered as early as 1913 referred as the Copper Queen prospect.

  • 1960s to 1970s

    • A 70 meters long adit was developed at the Copper Queen prospect, and an underground chip sampling program resulted 0.33% Cu over 66 meters from the adit (Rastad & Pezzot 2006).

    • Pine Lake Mining completed diamond drillings, soil sampling, and magnetometer and induced polarization surveys (Naylor and Scott 1973)

      • Diamond drill hole around the adit intersected 0.2% Cu over 182m

      • Diamond drill hole in the northwestern area intersected 0.4% Cu over 91.4m

  • 2010-2012

    • Surface mapping, grab sampling, and airborne magnetometer survey based on Goldsmith 2011's assessment report and Pezzot 2011's geophysics report (Figure 2.)

      • Grab samples from mapped diorite assayed up to 1.99% Cu

      • Magnetometer survey outlined the NW striking trend and delineated several anomalies in relation to the magnetic signature of mapped mineralized diorite

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8620/262141_e3d73088f4239bbe_003.jpg

Figure 2. Owl Creek Property Map with Surface Grab Samples and Mapped Diorites and the Main Shear Zone from 2011 assessment report #32271 (Goldsmith 2011)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8620/262141_e3d73088f4239bbe_003full.jpg

B.C. Mineral Claims Consultation Framework

In March 2025, the Province of British Columbia introduced the Mineral Claim Consultation Framework in response to a BC Supreme Court ruling, which affirmed the government's duty to consult Indigenous communities prior to registering any mineral claims. Beyond has submitted a mineral claim application for the Owl Creek Project and it is anticipated that the consultation process will be underway by early September 2025.

  1. Goldsmith, Locke B. 2011. Owl Creek Mineral Claims Geological, Rock Geochemical, and Airborne Magnetic Surveys Report. Geological Survey Branch Assessment Report #32271.
  2. Hildreth, Wes, 2007. Quaternary Magmatism in the Cascades - Geologic Perspectives. https://pubs.usgs.gov/pp/pp1744/
  3. Naylor, H. and Scott, J.S. 1973. Pine Lake Mining Co. Ltd., Geological Report, Owl Creek BC Geological Survey Branch Assessment Report #04623.
  4. Pezzot E. Trent. 2011. Geophysical Interpretation Report on an Airborne Magnetometer Survey. Clear Mountain Resource Corp. Geological Survey Branch Assessment Report #32271.
  5. Rastad, S., and Pezzot, E. T., 2006. 3D induced polarization on the Gold King Property, Tenquille Lake grid, Pemberton, BC, Goldking Mining Ltd. Geological Survey Branch Assessment Report #28607.
  6. BC Government Mineral Exploration and Mining. May, 2025. https://www2.gov.bc.ca/gov/content/industry/mineral-exploration-mining/mineral-claims-consultation-framework
  7. https://www.tasekomines.com/properties/new-prosperity/reserves-and-resources
  8. https://ascotgold.com/projects/non-gold-assets/mt-margaret/

Second Amended Offering Document

As a result of the Company's application for the Owl Creek Project, the Company has filed a second amended offering document (the "Amended Offering Document") in respect of the non-brokered private placement of up to 10,000,000 units of the Company (the "Units") at a price of $0.03 per Unit for aggregate gross proceeds of up to $300,000 (the "Amended Offering") announced on July 29, 2025. Each Unit will consist of one common share of the Company (a "Share") and one-half of one common share purchase warrant, with each whole warrant entitling the holder thereof to purchase one Share at an exercise price of C$0.10 for 24 months following the date of issuance, subject to customary adjustment provisions. The Amended Offering Document with the updated disclosure respecting the Owl Creek Project can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.beyondlithium.ca. Prospective investors should read the Amended Offering Document before making an investment decision.

The Units to be issued under the Amended Offering will be offered to purchasers pursuant to the listed issuer financing exemption (the "LIFE" or "LIFE Exemption") under Part 5A.2 of National Instrument 45-106 - Prospectus Exemptions in all provinces of Canada, except Quebec. The Units offered under the LIFE Exemption will not be subject to resale restrictions pursuant to applicable Canadian securities laws.

The Company plans to use the net proceeds from the Amended Offering for general working capital purposes, mineral property exploration activities and expenditures, marketing and advertising, and as otherwise described in the Amended Offering Document. The Amended Offering is scheduled to close on or about August 29, 2025, and is subject to certain conditions customary for transactions of this nature, including, but not limited to, the listing of the Shares issued and issuable under the Amended Offering on the Canadian Securities Exchange. Closing of the initial tranche of the Amended Offering is subject to the condition that the Company raise a minimum of C$150,000.

The Company may pay finders' fees in connection with the Offering in cash, shares, warrants or a combination thereof.

The offered securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

Qualified Person and Third-Party Data

The scientific and technical information in this news release has been reviewed and approved by Lawrence Tsang, P.Geo., VP Exploration of the Company. Lawrence Tsang is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The potential grades of exploration targets disclosed in this news release are conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

About Beyond Lithium Inc.

Beyond Lithium Inc. is a critical minerals exploration company with the Ear Falls spodumene-bearing pegmatite exploration project in Ontario and two exploration projects in British Columbia exploring for rare earths and base metals. Beyond Lithium is advancing the projects with its exploration team. The Company will continue to seek to stake, to acquire, or to option other properties to expand the Company's portfolio. Also, Beyond will seek for potential joint ventures partner on projects as it is a source of non-dilutive working capital through partner-funded exploration and long-term residual exposure to exploration success.

Please follow @BeyondLithium on Twitter, Facebook, LinkedIn, Instagram and YouTube.

For more information, please refer to the Company's website at www.beyondLithium.ca.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, anticipated content, commencement, and cost of exploration programs in respect of the Company's projects and mineral properties, anticipated exploration program results from exploration activities, resources and/or reserves on the Company's projects and mineral properties, and the anticipated business plans and timing of future activities of the Company, are forward-looking information. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In stating the forward-looking information in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration of the Company's properties, the availability of financing on suitable terms, and the Company's ability to comply with environmental, health and safety laws.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the statements of forward-looking information. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, the proposed expenditures for exploration work on its properties, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, risks relating to epidemics or pandemics such as COVID-19, the Company's limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading "Risk Factors" in the Company's prospectus dated February 23, 2022 and other filings of the Company with the Canadian securities regulatory authorities, copies of which can be found under the Company's profile on the SEDAR website at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update any of the forward-looking information in this news release except as otherwise required by law.

For further information, please contact:

Allan Frame
President and CEO
Tel: 403-470-8450
Email: allan.frame@beyondLithium.ca

Jason Frame
Manager of Communications
Tel: 587-225-2599
Email: jason.frame@beyondLithium.ca

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN 
THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262141

News Provided by Newsfile via QuoteMedia

BY:CC
The Conversation (0)
Beyond Lithium (CSE:BY)

Beyond Lithium


Keep reading...Show less

Largest Greenfield Lithium Exploration Portfolio with Three Major Discoveries in Ontario

Beyond Lithium Completes Unit Private Placement for Gross Proceeds of $250,000

Beyond Lithium Completes Unit Private Placement for Gross Proceeds of $250,000

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce the closing of a non-brokered private placement of 5,000,000 units of the Company (the "Units") for aggregate gross proceeds of $250,000 (the "Offering"), previously announced on October 1, 2024 and December 2, 2024. Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one common share purchase warrant of the Company (each whole warrant, a "Warrant"), with each warrant entitling the holder to purchase one common share in the capital of the Company for a period of 24 months from the date of issuance at an exercise price of $0.10 per share.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Beyond Lithium Announces Completion of Amendments to Option Agreements, Debt Settlement Transactions & Provides Update on Private Placement

Beyond Lithium Announces Completion of Amendments to Option Agreements, Debt Settlement Transactions & Provides Update on Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce that, further to the proposed transactions announced in its news release dated October 1, 2024, it has now entered into definitive agreements with: (i) Bounty Gold Corp. and Last Resort Resources Ltd. (collectively, the "Optionors") to amend the terms of its existing property option agreements with the Optionors (the "Amendments"); and (ii) certain creditors of the Company pursuant to which the Company agreed to issue to the creditors, and the creditors agreed to accept, an aggregate of 6,802,227 common shares of the Company at a deemed price of $0.05 per share and 2,807,603 common share purchase warrants (the "Warrants") in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of $340,111.36 (the "Debt Settlement"). Each Warrant entitles the holder to purchase one common share in the capital of the Company for a period of 24 months from the date of issuance at an exercise price of $0.10 per share.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Beyond Lithium Announces Unit Offering for Gross Proceeds of up to $500,000, Amendments to Property Option Agreements and Exploration Program Update for Cosgrave, Ear Falls, And Victory

Beyond Lithium Announces Unit Offering for Gross Proceeds of up to $500,000, Amendments to Property Option Agreements and Exploration Program Update for Cosgrave, Ear Falls, And Victory

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce: (i) a proposed non-brokered private placement of up to 10-million units of the Company (the "Units") at a price of $0.05 per Unit for aggregate gross proceeds of up to $500,000 (the "Offering"); (ii) amendments to its existing property option agreements with Bounty Gold Corp. and Last Resort Resources Ltd. (collectively, the "Optionors"); and (iii) an exploration program update for its Cosgrave, Ear Falls, and Victory projects.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Beyond Lithium Closes Flow-Through Offering for Gross Proceeds of $500,000

Beyond Lithium Closes Flow-Through Offering for Gross Proceeds of $500,000

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium"), today announced the completion of a non-brokered private placement of 2.5 million common shares in the capital of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "Flow-Through Shares") at a price of $0.20 per share for aggregate gross proceeds of $500,000 (the "Offering").

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Beyond Lithium Announces Flow-Through Offering for Gross Proceeds Of $500,000

Beyond Lithium Announces Flow-Through Offering for Gross Proceeds Of $500,000

Beyond Lithium Inc. (CSE:BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium"), today announced a proposed non-brokered private placement of 2.5 million common shares of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66 (15) of the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of $0.20 per share for aggregate gross proceeds of $500,000 (the "Offering").

The gross proceeds from the Offering will be used by the Company to incur eligible "Canadian exploration expenses" that will qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") related to the Company's projects in Ontario. All Qualifying Expenditures will be renounced in favour of the subscribers of the Flow-Through Shares effective December 31, 2024.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
ALTECH - CERENERGY Battery Prototype Reaches Key Milestones

ALTECH - CERENERGY Battery Prototype Reaches Key Milestones

Altech Batteries (ATC:AU) has announced ALTECH - CERENERGY Battery Prototype Reaches Key Milestones

Download the PDF here.

Altech Batteries Ltd  CERENERGY Battery Prototype Reaches Key Milestones

Altech Batteries Ltd CERENERGY Battery Prototype Reaches Key Milestones

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce the latest performance results of the CERENERGY(R) cell and battery pack prototypes. These results confirm the technological maturity and robustness of the CERENERGY(R) technology and mark another decisive step towards industrialisation.

Highlights

- 650+ cycles with no capacity loss, proving exceptional material stability and long operational lifespan compared to conventional batteries

- Near 100% Coulombic efficiency, confirming minimal side reactions and strong intrinsic safety of sodium nickel chloride chemistry

- High energy efficiency of up to 92%, surpassing typical 70-80% levels of competing battery technologies

- Proven safety under extreme conditions - cells remained stable during overcharge, deep discharge, and thermal cycling up to 300 degC with no gassing, leakage, or rupture

- Robust and reliable chemistry - sodium nickel chloride avoids flammable electrolytes and runaway risks, confirming suitability for safe, large-scale grid and renewable energy storage

- ABS60 prototype validated under real-world conditions -tested across diverse load profiles, high-current pulses up to 50 A, and thermal variations

- Stable, efficient performance - achieved ~88% round-trip efficiency with no observable capacity fade over 110+ cycles

CELL PERFORMANCE

The CERENERGY(R) prototype cells have successfully completed over 650 charge-discharge cycles without any detectable capacity loss. Cycle life is a critical measure of battery durability, as most conventional batteries experience gradual degradation with every cycle. Achieving such performance highlights the outstanding stability of the materials and points to the potential for a long operational lifespan.

For stationary energy storage systems (ESS), this translates into fewer battery replacements, lower lifetime operating costs, and greater reliability for end users.

The cells also delivered nearly 100% Coulombic efficiency alongside an energy efficiency of up to 92% across 650 cycles. Coulombic efficiency reflects the proportion of charge recovered during discharge relative to what was supplied during charging. A value approaching 100% indicates minimal side reactions or parasitic losses, confirming the intrinsic stability and safety of sodium nickel chloride chemistry. This high efficiency demonstrates that the cells are not expending energy on unwanted processes such as electrode degradation. Such performance is vital for scalability, ensuring reliable, longterm operation in commercial energy storage applications.

Energy efficiency represents the proportion of energy delivered relative to the energy supplied. Competing technologies, including conventional high-temperature batteries and many flow batteries, typically achieve only around 70-80%. By reaching 92%, CERENERGY(R) positions itself in a highly competitive class, offering more cost-effective energy storage, stronger economics for grid operators, and seamless compatibility with the requirements of renewable energy integration.

The cells achieved a nominal capacity of 100 Ah and 250 Wh, with reliable performance even at higher discharge rates. A key feature is their ability to support multiple daily charge-discharge cycles within the 20-80% state of charge (SoC) range at 25 A. This capability positions CERENERGY(R) as a highly flexible solution for grid operators and energy storage providers, enabling cost-efficient, long-life performance in applications that demand frequent cycling such as renewable integration, peak shaving, and backup power.

CERENERGY(R) prototype cells underwent rigorous abuse testing, including overcharge to 4 V, deep discharge to 0.2 V, and thermal cycling between room temperature and 300 degC. In all cases, the cells remained stable with no gassing, leakage, or rupture -clear proof of their outstanding safety. These results highlight the intrinsic stability of sodium nickel chloride chemistry, which avoids the flammable electrolytes and runaway risks common in lithium-ion batteries. The ability to withstand extreme electrical and thermal stress demonstrates CERENERGY(R)'s robustness and confirms its suitability for safe, largescale deployment in grid, renewable, and industrial energy storage applications. This was achieved over 3 cycles with 1.8 Full Charge Equivalent (FCE) into 22 hours.

BATTERY PACK ABS60 (60 kWh) PROTOTYPE

The first ABS60 battery pack prototype has been successfully validated under real-world operating conditions, marking a major step forward in product readiness. Testing included diverse load profiles,

continuous discharges at 25 A (equivalent to C-rate of C/4 (discharges in 4 hours), or one-quarter of the pack's rated capacity per hour) at 80% depth of discharge (DoD), short-duration high-current pulses up to 50 A, and carefully controlled thermal variations.

The pack consistently demonstrated stable performance, achieving ~88% round-trip efficiency while maintaining reliable thermal management. Efficiency refers to the proportion of input energy that can be retrieved during operation-a critical measure of economic viability for large-scale storage. Over more than 110 cycles, results showed no observable capacity fading and only a slight increase in internal resistance. Capacity fading refers to the gradual decline in usable energy over repeated cycles, while internal resistance influences power delivery and heat generation.

The absence of meaningful degradation confirms the durability and electrochemical stability of the ABS60 design. These outcomes are highly significant as they demonstrate that the pack can withstand real-world duty cycles while retaining performance and efficiency, translating into longer service life, fewer replacements, and lower total cost of ownership.

For grid operators and renewable integration projects, this combination of robust cycling capability, efficiency, and thermal stability underscores the ABS60's commercial readiness and competitive advantage in the stationary energy storage market.

These results are a strong confirmation of CERENERGY(R)'s technological leadership and a clear signal of the technology's competitiveness and robustness for future applications in energy storage and industrial markets.

Group Managing Director, Iggy Tan said "These results confirm CERENERGY(R)'s robustness and readiness for market adoption. Demonstrating long cycle life, high efficiency, and unmatched safety, we are now strongly positioned to deliver a competitive and sustainable alternative for grid and industrial energy storage."

*To view photographs, tables and figures, please visit:
https://abnnewswire.net/lnk/17QS44T3



About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
Battery Anode Material Refinery - Design & Location Update

Battery Anode Material Refinery - Design & Location Update

Metals Australia (MLS:AU) has announced Battery Anode Material Refinery - Design & Location Update

Download the PDF here.

IR1:IR1 Completes Acquisition to Consolidate Black Hills, US

IR1:IR1 Completes Acquisition to Consolidate Black Hills, US

Rapid Critical Metals (RLL:AU) has announced IR1:IR1 Completes Acquisition to Consolidate Black Hills, US

Download the PDF here.

Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals

Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals

FN Media Group News Commentary - Industry experts project that the global critical minerals market will continue maintaining substantial growth as it has in recent years. The global critical minerals market is experiencing unprecedented growth, primarily driven by the accelerating transition to clean energy technologies. According to the International Energy Agency (IEA), the market size of key energy transition minerals doubled over the past five years, aligning closely with the market size for iron ore mining. This surge is largely attributed to the tripling of lithium demand, a 70% increase in cobalt demand, and a 40% rise in nickel demand between 2017 and 2022, with clean energy applications accounting for significant portions of this demand. The sustainability of the global critical minerals market is increasingly influenced by governmental initiatives aimed at reducing environmental impact and enhancing resource efficiency. A recent report from DataM Intelligence projected that Critical Minerals Market Size reached US$ 328.19 billion in 2024 and is expected to reach US$ 586.63 billion by 2032, growing with a CAGR of 7.53% during the forecast period 2025-2032. The report said: "A notable trend in the critical minerals market is the increasing investment in mineral development, which witnessed a 30% rise in 2022 following a 20% increase in 2021. Lithium saw the sharpest investment increase at 50%, followed by copper and nickel. This investment surge is a response to the soaring demand for minerals like lithium, cobalt, nickel, and copper, driven by the deployment of clean energy technologies such as electric vehicles, wind turbines, and solar panels." Active companies in the markets this week include: Saga Metals Corp. (OTCQB: SAGMF) (TSX-V: SAGA), TMC the metals company Inc. (NASDAQ: TMC), Critical Metals Corp. (NASDAQ: CRML), Rio Tinto Group (NYSE: RIO), Empire Metals Limited (OTCQX: EPMLF) (LON: EEE).

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×