Global Energy Metals
TSXV:GEMC
The Mineral Bank for Battery Materials
The Mineral Bank for Battery Materials
Global Energy Metals Corporation (TSXV:GEMC,OTCQB:GBLEF,FWB:5GE1) is focused on offering investment exposure to the growing battery and electric vehicle (EV) markets by building a diversified global portfolio of cobalt assets in safe, pro-mining jurisdictions. GEMC anticipates growing its business by acquiring project stakes in battery metals-related projects with key strategic partners.
GEMC is in the process of acquiring 100 percent of the Millennium cobalt project in Mt. Isa, Australia, as well as the nearby Mt. Isa projects, making the company the leading cobalt explorer and developer in the region.
The company is also in the process of acquiring an 85 percent interest in the Lovelock mine and Treasure Box property in Nevada. GEMC has signed an MOU with Canada Cobalt Works (TSXV:CCW) to utilize its proprietary Re-2OX process which could potentially produce a battery-grade product.
GEMC has also optioned part of its Werner Lake cobalt mine in Ontario, Canada to Marquee Resources Limited (ASX:HMX), which is investing $2.5 million to advance the project.
The GEMC team, with over a decade of cobalt-focused experience, recognized early that cobalt was essential to lithium-ion battery chemistries. Through years of working with downstream users, including its strategic partnership with Beijing Easpring Material Technology Co. (Easpring), the company recognized that there is a pressing need to create a diversified, viable supply of material to offset the reliance from DRC-sourced cobalt. GEMC’s partnership with the battery cathode manufacturer is unique. The company went downstream, direct to the supply chain to ensure that it could receive project finance, metallurgical and feasibility support for projects and material purchase.
The company believes there are significant value opportunities in aggregating projects and building an efficient and reliable raw material supply chain that meets strict end-user specifications in the rechargeable battery sector. It is using the extensive expertise of its team as well as its global network of contacts to accomplish this goal.
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