Global Energy Metals Corp. TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified global portfolio of exploration and growth-stage cobalt assets.
The transportation industry is set to undergo a profound transformation over the coming decades with a shift from fossil fuelled to electric powered vehicles. Global Energy Metals provides exposure to the e-mobility revolution through the development of a diversified supply chain for downstream users with potential to grow into a significant cobalt and battery minerals supplier.
Global Energy Metals holds 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mount Isa, Australia positioning it as a leading cobalt explorer and developer in the famed mining district in Queensland, Australia.
The Company has an option on two battery mineral projects, the Lovelock Cobalt Mine and Treasure Box Project, located on the doorstep of the world’s largest lithium-ion battery production plant, the Gigafactory One that Tesla Motors Ltd. and partner Panasonic Corp. have built in Nevada, USA.
The Company has also teamed with Marquee Resources, an Australian company that is sole-funding a CAD $2.5 million work campaign to advance the past producing Werner Lake mine.
Global Energy Metals is collaborating with industry peers to test metallurgical recovery processes to meet end-user specifications for the critical minerals that are fuelling the road to electrification.
As GEMC expands its project’s value, it will continue to look at other assets to develop a diversified global portfolio of cobalt assets in safe, mining-friendly jurisdictions.