Battery metal frenzy outshines recovery fears at mining show

  • 📰 mining
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The rush for battery metals has prompted a flurry of activity from investors not typically associated with the mining industry. mining

— a theme that came up during panel discussions. Governments in North America and Europe have also started making moves to encourage domestic metals production to counter China’s dominance.One small firm, Giga Metals Corp., drew lots of people to its booth to learn about its joint venture with Mitsubishi Corp. to advance a nickel project in the western Canadian province of British Columbia, according to development manager Lyle Trytten.

“We always need to welcome those new ways of thinking about things in what is sometimes seen as a legacy business,” Trytten said in an interview. Lancaster Lithium Inc.’s Chief Executive Officer Penny White came to the event mainly to speak with the financial community about the West Vancouver-based firm’s lithium brine property in New Mexico before going public via a reverse takeover. While she met brokers, financiers and investors, she also had approaches from suppliers of direct lithium extraction technology and a group offering lithium assets — prompting her to bid on one project.

“It’s been very successful,” she said in an interview. “I’ve been targeted by a lot of people who are particularly interested in this specific industry.”The event drew 23,819 attendees this year, more than a third higher than last year’s abbreviated June event when PDAC returned to in-person programming after a pandemic pause.

“We’ve seen a really good crowd this year, with lots of positive engagement,” said Christopher, who ends his two-year term as PDAC president when the conference closes. He’ll be succeeded by longtime mining analyst Raymond Goldie.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Kunzite available

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 449. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SEC Accuses Utah-Based Green United of Running $18M Crypto Mining ScamUtah-based crypto mining firm Green United allegedly duped investors into buying “Green Boxes” to mine a new cryptocurrency that promised to revolutionize the global power grid, according to the SECgov. cheyenneligon reports SECGov cheyenneligon There needs to be some reporting to why Binance has of today quietly region banned UK account holders from Earn/Staking. SECGov cheyenneligon For everyone's info, here is a link to the actual complaint👇
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin mining report: March 6Bitcoin mining stocks were mostly lower on Monday.
Source: TheBlock__ - 🏆 464. / 53 Read more »