This Cobalt Junior Could Have the Winning Formula

Global Energy Metals Corporation (TSXV:GEMC) is striving to become a niche supplier of cobalt. In March, the company signed a long-term strategic cooperation agreement with Beijing Easpring Material Technology Co., a major battery component supplier, to build an efficient and reliable cobalt supply chain.
As quoted in the article:

Global Energy Metals reported that as part of the cooperation agreement, the two companies “have agreed to a joint venture that will allow for the identification, acquisition, development, funding and commercialization of cobalt projects. GEMC will acquire the expertise and relationships that Easpring offers, including low-cost capital from Chinese institutions, leading Chinese engineering and construction skills, and Chinese machinery, equipment and other critical suppliers that meet world-class standards of quality at competitive costs in exchange for access to GEMC’s project development opportunities.”

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Source: www.theenergyreport.com