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Green Battery Minerals Inc V.GEM

Alternate Symbol(s):  GBMIF

Green Battery Minerals Inc. is an exploration-stage company. The Company’s principal business activities include the exploration and development of natural resource properties. Its Berkwood Graphite Project is located within the jurisdiction of Quebec, in the Manicouagan Regional County Municipality, three hours driving time from the city of Baie-Comeau. Its Stallion Gold Project is located in the northeastern region of the prolifically metal-endowed Stikinia geological terrane. Stallion covers over 30 square kilometers and is on a regional trend with several past producing mines, such as Baker, Shasta and the world-class Kemess Mine. The Jupiter Lithium Project is an early-stage exploration opportunity which comprises a total of 122 Quebec mineral exploration claims which amount to a total of 6406 hectares. The Boudrias Project comprises a total of seven Quebec mineral exploration claims which amount to a total of 392.1 hectares.


TSXV:GEM - Post by User

Bullboard Posts
Post by Sunnybrook25on Nov 29, 2017 12:56am
137 Views
Post# 27051887

Tesla To Use All North American Resources For Gigafactory

Tesla To Use All North American Resources For Gigafactory

Tesla To Use All North American Resources For Planned Gigafactory

Tesla's Gigafactory Will DOUBLE The World's Production Of Lithium Ion Units

Tesla’s Gigafactory Will DOUBLE The World’s Production Of Lithium Ion Units

When Tesla announced that it would be building a $5 billion dollar facility in conjunction with other battery manufacturers as a partners, one of the first question was – where will Tesla source its raw materials?

Would the graphite, cobalt and lithium come from places like South America, China, the Congo?  Or perhaps even some resources from the USA?

Nevada Is Currently Projected As The Front-Runner For Tesla's Battery Facility

Nevada Is Currently Projected As The Front-Runner For Tesla’s Battery Facility

It turns out Tesla is going to stay at home and source everythingfrom North America, and the reason isn’t cost (as it is quite likely more expensive to acquire resources abroad), but rather the environment.

“It will enable us to establish a supply chain that is local and focused on minimizing environmental impact while significantly reducing battery cost,” Tesla spokesperson Liz Jarvis-Shean said in a statement to Bloomberg.

The topic “du jour” of late has been graphite mining around the world, a process which, if not done properly, puts out massive amount of pollution; so much so that countries like China are now actively shuttering many of their mines.

Tesla’s answer at this moment in acquiring graphite for their lithium batteries is to source the material in its synthetic variant from Japan and Europe.

Bloomberg talked to Sam Jaffe, an analyst at Navigant Research, and he predicts that the graphite for Tesla’s Gigafactory will most likely come from planned operations in Canada.  If more is required than Canada can supply, resources in Idaho and Minnesota could also be tapped.


Bullboard Posts