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

Green Battery Minerals Inc > Graphite in GEM's Neighbourhood Will End Up in Tesla's

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Post by Mark48on Apr 10, 2024 5:57pm

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Post# 35982242

Graphite in GEM's Neighbourhood Will End Up in Tesla's

Tesla has numerous suppliers for graphite in the world and are getting away from being dependant on China.

You may or may not be aware that Tesla has already previously visited GEM's neighbours' mine, Nouveau Monde Graphite (NMG) in Quebec.

Japan's Panasonic Energy is a supplier for Tesla's electric vehicles. In February of this year Panasonic Energy signed a graphite supply agreement with Australian company Novonix to supply 10,000 tonnes of graphite to its US battery plants.

Also in February of this year Panasonic Energy signed an offtake agreement with GEM's neighbour Nouveau Monde for 18,000 tonnes of graphite annually as well as an initial investment of $25 million in NMG with intent for further investment with co-investors up to $150 million.

Panasonic Energy has EV battery plants in Nevada and Kanasas.

The bottom line here is, graphite in GEM's neighbourhood is already destined for Tesla vehicles, as well as GM's vehicles as they also signed an identical offtake agreement with NMG.

GEM's day will also come with its near surface, high grade, high quality, North American, GRAPHITE.

https://electrek.co/2022/09/01/tesla-visits-graphite-mine-factory-quebec/

https://www.usnews.com/news/technology/articles/2024-02-08/tesla-supplier-panasonic-secures-novonixs-graphite-for-ev-battery

https://stockhouse.com/news/press-releases/2024/02/15/nmg-and-panasonic-energy-announce-binding-offtake-agreement-and-us-25-million

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