- Flagship Irgon Lithium Mine Project recently identified additional significant spodumene mineralization
- Global lithium-ion battery market forecast to reach $71 billion by 2025
- Worldwide sales of EVs expected to almost quadruple to 4.5 million units by 2020
An undeniable opportunity exists when referring to the Irgon Lithium Mine Project, wholly owned by Vancouver-based QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ). As part of QMC’s ongoing exploration and development of the Irgon Project, located in southern Manitoba’s bountiful Cat Lake-Winnipeg River Pegmatite Field (http://nnw.fm/FIq1Z), the company’s geotechnical field crews recently identified additional significant spodumene mineralization. This discovery is a significant one, since spodumene mineralization is known as being the primary source of hard-rock lithium. Pegmatites hosting spodumene mineralization may contain large amounts of lithium and, in addition, can host other rare-element-bearing minerals (http://nnw.fm/FIq1Z).
Lithium is the main ingredient in the lithium-ion batteries used for energy storage and power provisioning. The global appetite for electric vehicles and the rise of modern devices that rely on lithium-ion batteries are expected to drive the lithium-ion battery market to reach…
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com