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

"In terms of commodities, G Mining is seeing the most activity in the gold, copper, and lithium areas. Gold will always do well, especially given the large increases in the money supply over the past two to three years."
"The quickest and most environmentally friendly way governments can fast-track their understanding of their country’s natural capital is by mapping from the air – this has the lowest carbon and community impact while delivering the fastest results."
"The government's initiatives to encourage exploration through airborne geophysics programs and policy reforms reflect a positive shift."
"We are preparing to launch a new resin injection and bolting system globally. This innovation allows us to inject liquid resin instead of other cementitious alternatives, improving both productivity cycles and safety."

RECENT PUBLICATIONS

Chile Mining 2024 Pre-Release

The Chilean mining renaissance has begun. In 2024, the country is set to experience its first increase in copper production since 2018, driven by Codelco’s production surge and Teck Resources’ Quebrada Blanca II coming online. This year also saw the first major regulatory update since 1983 with amendments to Law No. 21,420, which modernized the mining framework. The government has shown strong support for the industry by committing to reduce permit processing times by a third and proposing 20 actionable measures to streamline processes. Additionally, Chile classified its 69 saline environments, leaving 31 open for private development and initiating a request for information process in April to rapidly advance these areas.

MORE PREVIOUSLY PUBLISHED

MACIG

"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."

SUBSCRIBE TO OUR NEWSLETTER