Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) has announced that its CEO Mitchell Smith has been appointed to the board of directors of the Battery Metal Association of Canada (BMAC).
The move will align Global Energy Metals and BMAC’s objective of promoting and supporting Canada’s rapidly changing energy landscape.
BMAC is a trade organization of entrepreneurs, explorers, developers and producers of battery metals and materials that share a common desire to develop battery metals resources and to incorporate these materials into a battery production stream.
Global Energy Metals 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.
BMAC said it was looking forward to working more closely with Smith, who has more than 15 years' experience in the resource industry and has spent over a decade advocating for cobalt and other metals critical to new energy storage and electrification.
“As batteries enable mass electrification across many sectors, I look forward to supporting BMAC’s efforts in working towards a strong and connected domestic battery metals supply chain and making a positive difference advocating for the growth of Canada’s battery metals supply chain,” Smith said in a statement.
Global Energy Metals said it recognized that the proliferation and growth of the electrified economy in the coming decades was underpinned by the availability of battery metals, including cobalt, nickel, copper, lithium, and other raw materials.
To be part of the solution and respond to this electrification movement, it said it had taken a ‘consolidate, partner and invest’ approach and in doing so had assembled and was advancing a portfolio of strategically significant investments in battery metal resources.
Contact the author at stephen.gunnion@proactiveinvestors.com