Powered by Cobalt … Driven by Demand GLOBAL ENERGY METALS RELEASES PART TWO IN THE VISUAL CAPITALIST T H R E E - P A R T S E R I E S O N T H E R I S E O F TESLA
TSX.V GEMC
www.globalenergymetals.com
Suite 1501,
Sun Tower
128 West Pender St. Vancou-
ver , BC
V6B 1R8
T +1.604.688.4219
Twitter @EnergyMetals
Powered by Cobalt … Driven by Demand
GLOBAL ENERGY METALS RELEASES PART TWO IN THE
VISUAL CAPITALIST T H R E E - P A R T S E R I E S O N T H E R I S E O F
TESLA
Vancouver, BC / TheNewswire / January 19, 2018 / Global Energy
Metals Corp. TSXV:GEMC | FSE:5GE1 (“Global Energy Metals”, the
“Company” and/or "GEMC") i s p l e a s e d t o a n n o u n c e t h e r e l e a s e o f
Part 2 - The Company in the “Rise of Tesla” series. GEMC has teamed
up with Visual Capitalist t o p r e s e n t a n u n i q u e l y i n f o r m a t i v e t h r e e -
part series detailing the rise of Tesla Motors and the new energy
space.
Part 2 shows major events from 2010 until today, and it tracks the
company’s rapid growth along the way.
As explained in the infographic, In June 2012, the first Model S hit the
road – and the rest is history. The model won multiple awards,
including being recognized as the “safest car ever tested” by the
NHTSA and the “Best car ever tested” by Consumer Reports. Over
200,000 cars were eventually sold.
But despite the success of the new model, Tesla still faced a giant
problem. Lithium-ion batteries were still too expensive for a mass
market car to be feasible, and the company needed to “bet the farm”
on an idea to bring EVs to the mainstream. Tesla believed that
through economies of scale, reduction of waste, a closer supply
chain, vertical integration, and process optimization, that the cost of
batteries could be sufficiently reduced to make a mass market EV
possible.
This requirement for safe and secure cobalt supply aligns closely with
GEMC’s mandate of becoming a future supplier of the critical battery
material through our advancement of existing and additional high
quality cobalt projects.
Cobalt is an indispensable component in new energy-related tech -
nologies, and is critical to the chemistries used in lithium-ion batter-
ies that are powering the increasingly prominent global fleet of EVs.
In fact, cobalt represents roughly 40% of the total material cost for
each lithium-ion battery and gives each cell the energy density re -
quired for high performance use in electric vehicles and portable de-
vices such as smart phones, tablets and laptops. Cobalt is currently in
a worldwide supply deficit due to increasing demand and constrained
supply, causing its price to more than double in the last 12-months
and making cobalt, 2017’s top performing base metal.
In effort to provide future supply of this much needed critical ele -
ment and as part of GEMC’s strategic focus on cobalt it is aggressively
advancing the Mt. Isa, Australia based Millennium Cobalt project.
This project represents a transformational growth opportunity for the
Company and its shareholders as the first of several acquisition oppor-
tunities the Company is pursuing as it continues to evaluate additional
high-quality cobalt targets with capacity for scale and economic
grades.
Click on the link to view Part 2 of the “Rise of Tesla” series.
The Company will be showcasing its pure-play cobalt strategy at the
upcoming Vancouver Resource Investment Conference 2018
(VRIC2018) being held January 21-22, 2018 in Vancouver, BC.
Representatives of GEMC will be at Booth 840 highlighting the key
milestones achieved in 2017 and outlining goals and catalysts for this
new year. In addition, on Monday January 22nd at 2pm in Workshop
2, Global Energy Metals’ President & CEO, Mitchell Smith, will be
joining speakers from other companies involved in the cobalt mining
space and presenting in panel format on the “Outlook for Cobalt”, its
criticality to the electrification of vehicles and need for supply
security.
Visual Capitalist
Visual Capitalist uses powerful visual content to help investors and
business professionals understand the world. Focusing on topics such
as markets, technology, energy and the global economy, Visual
Capitalist is currently one of the fastest growing online publishers in
North America with an audience of approximately 1.3M unique
monthly visitors and a 70% active investor rate.
Global Energy Metals Corporation (TSXV:GEMC | FSE:5GE1)
Global Energy Metals is focused on offering security of supply of
cobalt, a critical material to the growing rechargeable battery
market, by building a diversified global portfolio of cobalt assets
including project stakes, projects and other supply sources. GEMC
anticipates growing its business by acquiring project stakes in battery
metals related projects with key strategic partners. Global Energy
Metals currently owns and is advancing the Werner Lake Cobalt Mine
in Ontario, Canada and has entered into an agreement to earn-in to
the Millennium Cobalt Project in Mt. Isa, Australia.
For Further Information:
Global Energy Metals Corporation
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: [email protected]
t. + 1 (604) 688-4219 extensions 236/237
Cautionary Statement on Forward-Looking Information:
Certain information in this release may constitute forward-looking
statements under applicable securities laws and necessarily involve
risks associated with regulatory approvals and timelines. Although
Global Energy Metals believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results or developments may differ materially from those in the
forward-looking statements. Except as required by law, the Company
undertakes no obligation to update these forward-looking statements
in the event that management’s beliefs, estimates or opinions, or
other factors, should change. For more information on Global Energy
and the risks and challenges of their businesses, investors should
review the filings that are available at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
We seek safe harbour.