Is Qmc Feeling a Guilbeault EV Tremor? Vancouver, British Columbia--(Newsfile Corp. - December 21, 2023) - QMC Quantum Minerals Corp., (TSXV: QMC) (FSE: 3LQ) (OTC Pink: QMCQF) ("QMC" or "the Company") praises the Canadian Government's new Electric Vehicle Availability Standard ("EV Mandate") announced on December 19. The EV mandate revealed by Honourable Steven Guilbeault, Minister of Environment and Climate Change, will gradually increase the number of zero-emission vehicles ("ZEVs") until they account for 100% of new car sales in 2035, thereby eliminating the sale of conventional internal combustion vehicles in Canada. The Canadian Federal Government will also invest $1.2 billion to build 84,500 chargers across the country by 2029, expanding the infrastructure. Automotive and battery manufacturers, such as Northvolt, Volkswagen and Stellantis, have already invested more than $34 billion toward establishing a battery supply chain in Canada.
With the need to supply lithium, copper and other critical minerals to meet battery and automotive manufacturing needs, the Company is strategically positioned to supply material from its Irgon Lithium Mine, Rocky Lake and Rocky-Namew Lake projects.