Small Caps - Canada’s Post

Canadian-focused multi-asset lithium business Green Technology Metals Ltd (ASX:GT1, OTC:GTMLF) has announced the resignation of CEO Luke Cox, effective July 19. Cox successfully led GT1 through its initial public offering, exploration and resource development phases. Executive director Cameron Henry will assume Cox's responsibilities while the search for a new CEO is underway, with a focus on financing and investment decisions. GT1 continues to advance its projects in Ontario. The province’s supportive government policies and well-developed infrastructure make it an ideal location for establishing a lithium supply chain. In particular, the company’s assets in Northwest Ontario are poised to supply lithium concentrates and proposed chemicals for decades. More at #Proactive #ProactiveInvestors #Lithium #Mining #CriticalMinerals #ASX #GT1 http://ow.ly/TnU5105vsny

Triodos Investment Management has signed an Investor Statement on the responsible sourcing of nickel. Initiated by Dutch Association of Investors for Sustainable Development (De Vereniging van Beleggers voor Duurzame Ontwikkeling (VBDO)) the statement calls for improved environmental and social due diligence in nickel supply chains, specifically in the electric vehicle (EV) industry. The statement calls on companies EV battery manufacturers and automakers to commit to: 📣 Incorporating responsible mining practices into mineral supply chain policies 📣 Enhancing social and environmental due diligence, with increased disclosure and transparency. 📣 Adopting a time bound commitment to have deforestation-free nickel supply chains. In light of the pressing need for responsible practices in the nickel supply chain, both within the context of the EV industry and the broader energy transition, it is imperative that continued work on this topic applies stringent environmental and due diligence standards to avoid risks associated with critical resources, like nickel, and controversial methods, like deep sea mining. #ImpactInvesting #ResponsibleMining #NickelMining #ResponsibleInvestors

Exciting news from Nouveau Monde Graphite (NGM is one of 5 mining stocks in our "Graphite"-portfolio https://lnkd.in/eZbCWtfQ) Feb. 15th 2024: NMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite Operations -Panasonic Energy and GM (together, the “Anchor Customers”) concurrently commit to multiyear offtake agreements for NMG’s active anode material, covering approximately 85% of NMG’s planned Phase-2 fully integrated production, from ore to battery materials. -Offtake agreements are complemented by an aggregate US$50 million Tranche 1 Investment from Panasonic and GM to advance the development of NMG’s Phase-2 Matawinie Mine and Bécancour Battery Material Plant as per their respective specifications. -Strategic partner Mitsui and long-time investor Pallinghurst inject a total of US$37.5 million into NMG’s development, the aggregate proceeds of which will be used to repurchase their previously announced convertible notes. -Offtake agreements and investments support NMG’s execution plan for its Phase-2 Matawinie Mine and Bécancour Battery Material Plan, marking a significant milestone toward future funding by Anchor Customers of up to US$275 million, subject to certain conditions and a maximum ownership threshold agreed between the relevant parties. Follow us: Follow us: https://lnkd.in/dZKutJR9 Source: https://lnkd.in/eFDNcXHt

Together with my colleagues Jacob Bro and Gemma Shepherd, we put together this blog to lay out our critical minerals thesis, and why we believe SiTration, Inc. is such an outstanding business TLDR: mining of critical minerals is an industry truly underpinned by global megatrends, is essential for our future existence, and yet at the same time is having a significant environmental impact on our planet. SiTration has a technology and team that is massively differentiated and positioned to disrupt and improve the status quo by recovering critical minerals for efficiently and effectively. We are very proud to be leading their $11.8m Seed round with the exceptional bunch of co-investors below. #CriticalMetals #CriticalMinerals #CriticalMaterials #UrbanMining #VentureCapital #ClimateChange

📰 Big Lithium Processing Plant Planned For In Oklahoma - Autoweek 🔋 Startup company Stardust Power hopes to get a big processing plant built in Oklahoma, where it says it will be able to process 50,000 tons of lithium 🔋 The plant would refine lithium obtained via underground sources, extracting the metal from a brine. 🔋The Inflation Reduction Act requires an increasing amount of domestically sourced minerals, which refineries like that proposed by Stardust Power and others would fulfill. Click here to read the full article - https://lnkd.in/e3jMseM5 #StardustPower #LithiumNews #EnergyTransition

Movers & Shakers of the Vanadium Supply Chain (II) Largo Inc. Clean Energy and Stryten Energy recently announced a proposed 50:50 joint venture (JV) aimed at establishing and scaling up a US-based vanadium redox flow battery (VRFB) supply chain. Largo’s competency 1. Vanadium mining: Largo runs a primary production mine in Brazil. 2. Electrolyte leasing: Largo provides an electrolyte leasing model through the publicly traded vanadium investment vehicle, Largo Physical Vanadium (LPV). The model aims at reducing VRFB CapEx by treating the vanadium electrolyte cost as an OpEX item  spread out throughout the lifetime of the system. Intellectual property: patents on VRFB stack and vanadium electrolyte purification technologies. Stryten’s competency 1. Existing large scale manufacturing of vanadium electrolyte. 2. Existing VRFB manufacturing, service and distribution capacity in the US (Stryten also manufactures lithium-ion and lead-acid batteries). What could this JV mean for the flow battery industry? The JV reminds of 2 great JVs in the history of the lithium-ion battery industry: AES - Siemens to form Fluence and Envision - Nissan to form Envision AESC. Both JVs have gone on to be leaders in their market segments and contribute significantly to the growth of lithium-ion battery industry. Cannot wait to see what this JV brings! What are your thoughts on the chances of this JV happening and succeeding? Comment below.

Today at #PDAC2024 Frontier Lithium announced a landmark agreement with Mitsubishi Corporation to establish a joint venture partnership to help develop our PAK Lithium Project in northwestern Ontario, Canada.  We are both honored and excited to be working with Mitsubishi to progress our planned #lithium mine and downstream chemical processing facility to serve the needs of the growing North American #EVbatterysupplychain. As Japan’s largest trading company, we will benefit from Mitsubishi’s global expertise in developing world-class mining projects, their deep relationships with global OEM and battery cell manufacturers, and their unparalleled chemicals marketing capabilities. Together we will help extend Canada’s leadership as the best place to build the secure, reliable, and sustainable lithium-ion battery supply chain that the world needs as we collectively transition to an increasingly electrified future. Stay tuned, there is much more to do, but much more to come! #lithium #lithiumbatteries #electricalvehicles #miningnews #miningindustry #energytransition #batterymetals #batterymaterials Natural Resources Canada | Ressources naturelles Canada ONresources | RichessesON

Market Progress on Critical Minerals for the Sustainability Transition (Part 3/3 in our Critical Mineral Series): ·     Critical minerals like lithium, cobalt, and platinum are key to sustainability. ·     Governments and industry must reimagine the innovation ecosystem. ·     Lilac Solutions raised $145M for lithium extraction tech (Feb 2024). Funded by Mercuria , Lowercarbon Capital, and Breakthrough Energy Ventures ·     Clean Energy Ventures, known to fund critical minerals startups like Nth Cycle, closed a $305M climate tech fund (May 2024) ·     US DOE invested $75M in critical materials facility (Apr 2024). ·     EU's Critical Raw Materials Act (Feb 2024) promotes mining and recycling. ·     Canada committed 3B CAD for sustainable mining (Mar 2024). ·     Australia’s 2024-25 Budget includes 7B AUD critical mineral processing tax credits & 566.1M AUD for mapping resources. ·     Tesla, BHP, and Rio Tinto expanding lithium, nickel, and scandium production. ·     Redwood Materials partnering with Ultium Cells to recycle battery scrap. learn more here: https://lnkd.in/e2RaeZCu #investing #startups #innovation #venturecapital #sustainability #climatechange

Argosy lays ground for offtake deal with Amperex investment Argosy Minerals (ASX:AGY) has pocketed a strategic US$5 million ($7.57 million) investment from Amperex Technology Limited (ATL), which lays the groundwork for a potential lithium offtake agreement between the two companies. Under a binding subscription agreement, Argosy will issue shares to ATL at $0.14631 each, representing a 15% premium to the company’s 10-day volume-weighted average price on 21 May. The proceeds will be used for development work at Argosy’s Rincon Lithium Project in Argentina, as well as for working capital and other project expenses. https://lnkd.in/gW-MbX5e

The latest evidence that the #industrialtransformation coming in lock-step with the Canada's #energygransition is going to be revolutionary: read Canada's National Observer as the federal government announces investment in Electra Battery Materials Corporation and MIRARCO - Mining Innovation Rehabilitation and Applied Research Corporation, two #ev #battery #recycling companies accelerating the development of technologies for recovering #criticalminerals from #blackmass for the sector's reindustrializing #supplychain. City of Greater Sudbury The Transition Accelerator/ L’Accélérateur de transition Clean Energy Canada Automotive Industries Association of Canada Adamas Intelligence Ministry of Energy & Natural Resources