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Global Energy Metals Corporation ( (TSE:GEMC) ) has shared an update.
Global Energy Metals Corporation, in partnership with NeoLithica Ltd., has initiated a direct lithium extraction (DLE) pilot test of brine from the Peace River Project in Alberta, Canada. This strategic move aims to secure future investments and partnerships by demonstrating the potential of one of Canada’s largest lithium brine resources. The pilot test, conducted by Geo40 LLC, will provide valuable data to produce battery-grade lithium products and foster business relationships, addressing the high demand for responsibly sourced lithium in the market.
More about Global Energy Metals Corporation
Global Energy Metals Corporation is a multi-jurisdictional, multi-commodity critical mineral exploration, development, and project generating company focused on growth-oriented projects that support the global transition to clean energy. The company is involved in exploring and developing lithium brine resources, with a particular focus on meeting the growing demand in the North American lithium market.
YTD Price Performance: -25.00%
Average Trading Volume: 33,810
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.01M
Find detailed analytics on GEMC stock on TipRanks’ Stock Analysis page.