- Bolt Metals Corp., formerly Pacific Rim Cobalt Corp., is a Canada-based company intent on acquiring and developing battery metal projects because of their critical importance to constrained energy storage supply chains
- Electric vehicles (EVs) are gaining popularity as alternatives to carbon-fueled means of transportation at the heart of the climate change mitigation movement, relying heavily on metals such as nickel and cobalt
- Bolt’s flagship Indonesian project branded Cyclops has been key to the company’s efforts to ferret out a significant source of nickel and cobalt
- A successful 2019 development campaign at Cyclops is helping the company to attract capital for its “ambitious milestones” anticipated during the coming year
Canadian‐based mineral explorers Pacific Rim Cobalt Corp. announced February 24 that the company has changed its name to Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) as part of an ambitious effort to court electric vehicle industry success in China, and throughout Asia where Indonesia is leading the way with its abundant nickel resources.
“Rebranding the Company is an important step in our emergence as a resource developer in Asia’s expanding Electric Vehicle supply chain,” CEO Ranjeet Sundher stated in a news release announcing the name change…
NOTE TO INVESTORS: The latest news and updates relating to PCRCF are available in the company’s newsroom at http://nnw.fm/PCRCF
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