Ontario’s battery metal juniors share their opinions.

Industry Thoughts on Battery Metals

February 15, 2022

Image courtesy of SPC Nickel

 

Johnathan More, Chairman, Power Metals Corp

"Cesium is one of those metals that hardly anyone knows about, but it is really found in everything; as a lubricant on offshore drilling, detection systems, high-tech missile defence systems, GPS locators, special optical glass and many more. It is such a rare metal that if you find it, you are noticed. When we found this exceptionally high cesium area on our property, with over 14% cesium in our drills in our inner core, companies were contacting us immediately."


Dirk Harbecke, Chairman and CEO, RockTech Lithium

"The shortages in the medium to long term in the battery supply chain are not due to the lack of mining so much as the lack of knowledge around converting the mine’s lithium product or lithium oxide into lithium carbonate or lithium hydroxide, which are used in cathode production for batteries. We are hoping to introduce this knowledge to Europe."


Harry Barr, Chairman and CEO, New Age Metals

"North America is a long way behind what it could be in terms of exploration, development, and eventually production. The Chinese seem to have a very firm grip on lithium production and lithium in general. However, Tesla has already bought into a mine in Nevada, something you normally do not see, where automakers come down and actually get into the development and mining of lithium. I think we will see more car manufacturers get involved in the mining and production of lithium."


J.C. St-Amour, President & CEO, Infinite Ore Corp

"Infinite Ore Corp has high trading volumes relative to other stocks, which is partly due to the high interest in lithium currently. On some days, we trade tens of millions of shares, which is quite fascinating. The TSX-V provides us with a liquid market."


Grant Mourre, CEO, SPC Nickel

"Industry, including the automotive industry, is starting to look towards more sustainable sources that have low carbon footprints, which eliminates nickel produced in Indonesia and the Philippines. That is why you see contracts emerging between companies like Tesla and BHP."

INTERVIEWS MORE INTERVIEWS

“Si las próximas elecciones no afectan negativamente la inversión minera, veremos una ola de proyectos que llevan años en pausa, lo que aumentará la demanda de EIAs, líneas base y otros estudios clave.”
"Con nuestro nuevo laboratorio de relaves buscamos desarrollar tecnologías que permitan almacenar relaves con menos agua y así optimizar su depósito y reducir riesgos ambientales y de seguridad."
“With 75% of revenues from silver, a generational mine with close to 30 years of life potential, and high margins, MAG Silver is not just a strong investment in today’s climate—but also well positioned even if silver prices were to pull back.”
“El combustible representa entre el 30% y 40% del costo total de una mina, por lo que mantenerlo limpio puede generar ahorros del 4% al 5%, una cifra significativa para cualquier operación.”

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