- Demand for lithium is expected to triple by 2025
- QMC is in the process of expanding the historic reported resource estimate of 1.2 million tons prior to initiating production
- Recent sample returned over 4.15 percent Li2O
- Companies continue to report new lithium supply contracts
- Innovations such as 3D-printing of Li-ion batteries in virtually any shape continue to drive demand
Lithium-ion batteries, the worldwide mainstay of the electrical industry for powering computerized products that range from wrist-worn devices to electric cars and trucks, have been the subject of intense scrutiny by hundreds of research and development efforts attempting to improve existing technology. Innovation does take time and is likely to present itself as a new wrinkle on an old way of doing things, which is good news for junior miners exploring the profit potential of Earth’s lithium resources. The Irgon Mine Project is one of these lithium resources; located in southeastern Manitoba, it is a large spodumene-bearing pegmatite dike currently being developed by QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ).
At the first-ever S&P Global Platts Battery Metals Conference held in New York on October 16, a discussion on a wide variety of potential new battery chemistries led Roman Kramarchuk, the head of technology policy and…
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