Power Metals Corp V.PWM

Alternate Symbol(s): PWRMF

Metals & Mining Industrial Metals & Minerals

Power Metals Corp. is a Canada-based diversified mining company. The principal business of the Company is the acquisition, exploration and evaluation of resource properties. Its exploration project includes Case Lake property. Case Lake Property is located in Steele and Case townships, 80 km east of Cochrane, NE Ontario, close to the Ontario-Quebec border. The Case Lake pegmatite swarm consists of six spodumene dykes: North, Main, South, East and Northeast Dykes on the Henry Dome and the West Joe Dyke on a new tonalite dome. The Case Lake Property is 10 km x 9.5 km in size and consists of 475 cell claims. The Case Lake pegmatite swarm occurs along a sub provincial boundary between the metasedimentary Opatica Sub province to the north and greenstone Abitibi Sub province to the south. The Company has staked the Pelletier Project consisting of approximately 337 mineral claims that account for total surface area of 7000 hectares in northeast Ontario , approximately 50 km south of Hearst .

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Power Metals Corp > Lithium demand/ battery storage.

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Comment by VercrusseCon Nov 01, 2024 10:12am

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RE:RE:Lithium demand/ battery storage.

it is correct that certain Chinese cars are cheaper in Europe then in China. They are selling their over-production in Europe. The profit itself is made on the cars sold in China. It keeps the factories running. It also allows them to gain market share and in way push the Germans out of the market ... Chinese are smarter then most ...
The aspect of being cheaper has now been undone because of the new EU import tarifs

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