Global Energy Metals Corp (TSX-V:GEMC) said 2021 has been a foundation year as the company continues to advance its portfolio of battery metals projects as the globe turns to a greener, more electric, future.
In a year-end update, GEMC CEO Mitchell Smith said 2022 will see the company continue to focus its efforts on jurisdictions, which are supportive of mining, and on deposit styles that deliver the bulk of the world's cobalt, copper and nickel.
"We seek to play a strong role in the energy transition movement by providing the metals needed to disconnect from fossil fuels, and enable renewable power and electric mobility that supports a lower carbon economy," he added.
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"To be part of the solution and respond to this electrification movement, Global Energy Metals has taken a ‘consolidate, partner and invest’ approach and in doing so has assembled, and is advancing, a portfolio of strategically significant investments in battery metal resources at both the project and equity level," said Smith.
"Doubling down on our core focus we used 2021 to build a foundation for our company and strengthen the opportunity it provides to our shareholders and stakeholders in providing exposure to the battery supply chain 'mega-opportunity'."
Global Energy Metals is investing-in, exploring and developing prospective, scaleable assets in established mining and processing jurisdictions in close proximity to end-use markets.
It has current copper, nickel and cobalt projects in Canada, Australia, Norway, and the United States.
Contact the author at giles@proactiveinvestors.com