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 battery mineral 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 holds an 85% interest in 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, GigaNevada that Tesla Motors Ltd. and partner Panasonic Corp. have built in Nevada, USA.
Additionally, the Company holds a 70% interest in the past-producing Werner Lake Cobalt Mine project in Ontario, Canada.
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.