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Iconic Minerals Ltd V.ICM

Alternate Symbol(s):  ICMFF

Iconic Minerals Ltd. is a mineral exploration company focused on acquiring and exploring gold and lithium properties in Nevada and Canada. The Company holds highly prospective gold exploration properties in Nevada with the potential to host both Carlin-type and Round Mountain style gold/silver deposits. The Company, through option agreements, holds 50% interests in the New Pass and Midas South properties located in Nevada. The New Pass Gold Property consisting of about 107 unpatented mineral claims is located in Eastern Churchill County, Nevada. The Midas South property is located in the Ivanhoe Mining District, four miles northwest of the Hollister Deposit. Its lithium properties include Smith Creek Lithium Property and Grass Valley Property. In Smith Creek Lithium Property, it controls about 808 placer claims totaling 25.25 square miles over a major gravity low. The Grass Valley Property is a lithium exploration project consisting of approximately 997 placer claims.


TSXV:ICM - Post by User

Post by MV77777on Apr 22, 2023 9:08am
179 Views
Post# 35408599

Lithium is the future

Lithium is the future

In an exciting new breakthrough for the industry, lithium ion battery manufacturing giant Contemporary Amperex Technology Company Limited (CATL) has set a new benchmark for energy density. Following extensive testing, the company recently introduced Qilin, a new era of cell-to-pack (CTP) lithium ion battery technology.

“With a record-breaking volume utilisation efficiency of 72% and an energy density of up to 255 Wh/kg, it achieves the highest integration level worldwide so far, capable of delivering a range of over 1,000 km in a breeze,” reads a statement issued by CATL.

Mass production is expected to begin in 2023. The company says the new technology will address the “range anxiety” that’s preventing many motorists from embracing EVs.

What’s next for lithium ion technology?

There’s no denying the potential of lithium ion batteries. Over the coming decade, analysts predict the market will reach an estimated value of more than USD 135 billion by 2031. Find out more about the technologies that will help drive research and development and fuel growth in ‘Lithium Ion Batteries: Types, Testing & Uses’.

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