3 Things You Should Know About Global Energy Metals

Global Energy Metals (TSXV:GEMC) CEO Mitchell Smith tells investors 3 important things they should know about the company, cobalt demand, and one unique factor that sets the company apart from its peers.

Global Energy Metals CEO Mitchell Smith: My name is Mitchell Smith, I’m the president and CEO of Global Energy Metals Corp. we’re Vancouver-based, and a primary cobalt focused company listed on the TSXV with the symbol “GEMC”.
What are the 3 important things investors should know about your company?
MS: First and foremost, we’re one of the very few companies that offer pure play exposure to cobalt. Secondly, we have a team of individuals who have been focused on cobalt for nearly a decade, making us one of the few companies that have expert level understanding of the cobalt space. Lastly, we have key strategic partnerships with downstream end users that actually use the cobalt material and battery products.
What is the one factor that makes your company unique?
MS: I think it’s the last point that I made with respect to the partnerships into the downstream users. We’ve spent a great deal of time building and maintaining relationships into the downstream market, into groups like our partner Beijing Easpring Material Technology Co. in China who actually create and manufacture the raw material into a product that’s usable and saleable to groups like LG, Panasonic, Samsung, and BYD.
What major near-term milestones or catalysts should investors be on the lookout for?
MS: We’ll have a number of catalysts come out over the next few weeks and months. Something that investors should be looking for is the signing of the definitive agreement on our Millennium Cobalt project that we have terms on in Australia. That’s the partnership with Hammer Metals—we have the right to acquire up to 75% through project level expenditures.
The catalyst is what is creating such an enormous amount of interest in the battery space, and that’s the electrification of vehicles and the adaption by number of countries and nations that are limiting the internal combustion engine sales at certain dates in the milestone.
All of these will require a tremendous amount of cobalt to go into these batteries and there are a very few companies that offer supply and exposure that Global Energy does.