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Other Industrial Metals & Mining Industry | Basic Materials Sector | Mr. Michael D. Murphy B.A., M.B.A., M.Sc. CEO | XFRA Exchange | CA37958K1093 ISIN |
Canada Country | - Employees | - Last Dividend | 28 Sep 2015 Last Split | - IPO Date |
Global Battery Metals Ltd. is a resource exploration enterprise dedicated to the acquisition, exploration, and development of pivotal mineral properties, primarily focusing on battery metals crucial for energy storage solutions. Founded in 2005 and based in Vancouver, Canada, the company has significantly contributed to mineral exploration pursuits, emphasizing the importance of materials like copper, molybdenum, and lithium, which are essential in manufacturing batteries and other renewable energy technologies. Initially known as Redzone Resources Ltd., the company transitioned to Global Battery Metals Ltd. in March 2019 to better reflect its strategic focus on battery metals. It operates on a global scale, with key interests in properties spread across Canada, Peru, and the Republic of Ireland, showcasing its commitment to contributing to the global supply of essential minerals for the green energy transition.
Located in Peru, this property spans three mineral concessions over an area of 1,800 hectares. Global Battery Metals Ltd. holds a 55% interest in this property, which is rich in copper and molybdenum. These metals are vital components in the manufacturing of electrical conductors and steel alloys, respectively, marking the Lara property as a significant asset in the company's portfolio.
This property is situated in the Republic of Ireland and encompasses 16 prospecting licenses, covering a comprehensive area of 525 square kilometers. Lithium, the primary focus of this property, is a critical element in lithium-ion batteries, which powers a vast array of modern technologies, from electric vehicles to portable electronics, positioning this asset as central to the company's lithium exploration and development initiatives.
Though specifics about the location or the size of this property are not detailed, the Lithium King property is another essential part of Global Battery Metals Ltd.'s portfolio. It underscores the company's dedication to securing and developing lithium resources, essential for the burgeoning battery market.
This project further exemplifies Global Battery Metals Ltd.'s commitment to lithium, a cornerstone of the modern energy storage industry. Like the Lithium King property, details about the La Poile Lithium project's location and the extent are not explicitly provided, but its mention highlights the breadth of the company's lithium-centric exploration efforts.