Global Energy Metals is boosting its probability of success with stakes in multiple battery metals projects
The company owns a majority stake in a past producing cobalt-nickel-copper mine near Tesla’s Gigafactory 1 in Nevada Global Energy Metals has less than 18 million shares outstanding, about 40% of which are held by management and insiders
A more environmentally-friendly future will require extracting raw materials, what are known as ‘battery’ metals, from the ground, and while new economic sources of these commodities - such as copper, cobalt, and nickel - can be difficult to find in safe, pro-mining jurisdictions, Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) is well-positioned for that viable discovery with interests in several ‘green’ energy projects throughout the world.
Sunrise Energy Metals (ASX:SRL) continues to advance Sunrise Complex
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Sunrise Energy Metals (SRL), formerly known as Clean TeQ, is continuing to advance the development of its Sunrise Battery Materials Complex
During the most recent quarter, SRL completed a study which confirmed the availability and cost of renewable energy to supply the external power requirements for the project
The proposal eliminates around one third of the project’s total carbon emissions and positions Sunrise as one of the world’s largest battery metals producers designed to run on 100 per cent renewable power
Following the capital reorganisation in 2020, the Directors have been holding discussions with a number of parties to raise additional funding for the Company. As a result, the Company is today anouncing a placing in conjunction with Board changes which the current directors believe will enable Angelfish to move forward for the benefit of all shareholders. The Company announces that, following the completion of the Annual General Meeting to be held today at 12 noon, Brian Jones and Ken Hillen will resign as Directors of the Company with immediate effect and that, Mr Simon Grant-Rennick will be appointed as Executive Chairman and Mr Burns Singh Tennent-Bhohi as Executive Director. In addition Richard Walker will become a non-executive director.
Nevada battery metals projects located near Tesla’s Gigafactory 1
Experience management team
What Global Energy Metals does:
Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) (FRA:5GE1) provides investors with 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 Vancouver, British Columbia- based junior holds interests in several precious and battery metals projects globally.
Global Energy Metals owns an 85% interest in the Lovelock Mine and Treasure Box cobalt, nickel, and copper projects in Nevada. The properties had limited mining in the 1880s, extracting grades as rich as 14% cobalt and 12% nickel. The Nevada projects are also located just 150 kilometres east of Tesla’s Gigafactory 1, the world’s largest battery factory.
Why don’t I have an EV yet?
Electric cars are becoming an ever more common sight in the UK - but there are still significant barriers to mass adoption. (Getty Images)
Given all the hype around electric cars, it is sometimes easy to forget just how far off mass adoption of the climate friendly vehicles still is.
A recent survey by consumer trends data firm Dynata suggests that as yet just 16 per cent of Brits have bought an electric or hybrid car – way behind world leader China, where 45 per cent of survey respondents now own one.
That’s despite the fact people are more inclined to buying the vehicles than ever before – helped, in part, by government plans to ban the sales of all new petrol and diesel cars in 2030.