Top News

Global Energy Metals Provides Six-Month Recap: Project Updates, Canada-Korea Investment & Trade Mission and More

Global Energy Metals Corporation (TSXV:GEMC, OTC:GBLEF, FSE:5GE1) provides an update.

Global Energy Metals Corporation (TSXV:GEMC, OTC:GBLEF, FSE:5GE1) (“Global Energy Metals”, the “Company” and/or “GEMC”) is pleased to report the following update with respect to recent corporate activities and provide commentary to the general sense of the battery minerals market as the company has been recently representated at a number of key international events including participation in a bilateral government sponsored trade and investment mission in Seoul, South Korea, attending Asia’s largest mining summit in Tianjin, China and presenting the “Case for Cobalt” at the CRU Ryan’s Notes Ferroalloys Conference in Miami, USA.

“Lithium-ion batteries are at the heart of the current and future energy transition. Batteries that are ‘Powered by Cobalt’ … an investable mineral, critical for the future of the eMobility revolution. To get exposure to the battery and energy storage opportunity, maybe the biggest investment growth opportunity there is at the moment, one needs to look at the companies securing the metals critical to the space. Global Energy offers that exposure at a basement level entry cost,” commented Mitchell Smith, President & CEO during a recent interview with U.K. based Share-Talk Ltd.

Six-Month Recap

In what’s been a challenging market, GEMC has been very active in advancing its multi-continental project initiatives while strengthening its understanding of the potential for the battery mineral assets.

In early summer 2019 the Company commenced an exploration program to better understand potential of Lovelock and Treasure Box, it’s Nevada-based cobalt, nickel, copper properties. The maiden program included UAV- MAG airborne surveying and orthophoto digital modelling (results pending), never before done underground sampling and mapping and extensive field work including multiple site visits, all in preparation for defining drill targets for a next-phase program.

The Company formed a strong partnership with TSX-V listed Canada Cobalt Works and acquired the right to use their RE-20x technology, a process that skips the normal smelting process to achieve exceptionally high recovery rates for cobalt, nickel and copper amongst other minerals, while also removing 99% of the arsenic expanding the potential of the Lovelock mine by ultimately creating battery grade cobalt sulphate.

GEMC also increased its land position areas contiguous to its current holdings in Nevada building a strong footprint in what’s been rated by Fraser Institute as the best jurisdiction in 2019 for mining investment.

Given strong metallurgical and drill results the Company revised its agreement with ASX listed Hammer Metals and completed a transformational acquisition by taking 100% ownership of the flagship Millennium project along with two highly prospective projects in Mount Isa – Mt. Dorothy and Cobalt Ridge – all in Queensland Australia.

The Millennium Project Report

Reiterating the potential of Millennium, the Company filed a Technical Report highlighting the upside opportunity and resource expansion potential for the cobalt-copper bearing project.

This also led to a partnership with ASX listed industry peer, Cobalt Blue Holdings, to investigate cobalt-copper-gold recovery potential for Millennium. Studies are ongoing with results pending.

Canada-Korea Investment & Trade Mission

Korea is an auto manufacturing and high tech hub – industries that rely on critical minerals such as rare earth elements and battery metals like lithium, cobalt, graphite and nickel.

Because of this, Korea is very active in seeking to secure global value chains for these critical minerals and to reduce their reliance on imports from non-market economies. The Canadian government realized this and because of the free-trade agreement in place organized a trade and investment summit.

In this context, through this government sponsored mission, it allowed Global Energy Metals to position itself as a near-term solution to Korea’s challenges and gaps in securing a safe supply of critical metals needed to fuel growth in its domestic industries including energy storage and vehicle electrification.

2019 Canada Mining Delegation Tour of EcoPro Battery Factory in South Korea

A strong outcome from the summit was achieved having established ongoing conversation with some of the world’s largest battery cathode manufacturers.

Showcasing Battery Metal Investment at Asia’s Top Mining Summit

The Comapny was represented at the 2019 China Mining Summit in Tianjin, China by its China-based strategic advisor, Dr. Wei Qian who held several meetings with various Chinese and worldwide groups seeking cooperation and business opportunities in the battery minerals sector that expressed a keen interest in procuring safe jurisdictional battery minerals supply.

Companies like Beijing Easpring Material Technology Company which the Global Energy first entered a long-term strategic cooperation agreement with in March of 2017 to jointly invest in and develop cobalt projects.

Overall an emphasis was made to highlight GEMC as a future source of cobalt, nickel and copper from the Company’s strong portfolio of growth stage projects in Australia, Canada and the United States.

CRU Ryan’s Notes Ferroalloys Conference

CEO, Smith was asked to represent the cobalt sector for the second time at what is considered the most important and largest annual gathering of ferroalloy professionals in the US. The conference has a trusted track-record for delivering 640+ delegates including producers, traders, and consumers, operating across a wide range of bulk ferroalloys, minor metals, and powder product markets from across the full supply chain and facilitating intensive deal-making on a scale that’s second to none.

It was there, in Miami that Smith recognized the US dependence on critical minerals from competing nations and expressed the need for investment and capital market support needed to to source, develop and produce a domestic supply of these critical minerals – cobalt very much being high on the list.

Battery Minerals Outlook – The Case for Cobalt

The transportation and energy storage industries are now set to undergo a profound transformation over the coming decades with a global shift from fossil fuelled to electric powered.

To support the transition to a low-carbon economy, governments, businesses and consumers around the world are investing considerable amounts in renewable energy technologies, including electric vehicles, solar panels and wind turbines.

One could even say that the rise of electric vehicles and battery storage are becoming two of the biggest investment trends today.

Cobalt is central to the development and deployment of these technologies– largely due to its use in lithium-ion batteries–and as such, the demand for this critical mineral has and is predicted to increase substantially.

The supply of this mineral, however, is not projected to meet the demand, with shortfalls expected in the coming decade.

Concerns along the supply chains of cobalt–including the potential use of child labour in extraction, conflict, corruption, jurisdictional risk and it being mined as a byproduct of copper and nickel, place additional strain on responsible sourcing.

With explosive growth projections and high adoption rates, a once in a generation investment opportunity has been created.

And that opportunity is rooted in the raw materials and companies that are powering the road to electrification. Companies such as Global Energy Metals that are exposed to critical battery minerals like cobalt, nickel and copper are primed for success as this rEVolution matures.

In the interview with Share-Talk CEO Smith summarized the opportunity Global Energy Metals presents for its investors and spoke in detail to the events over the past six months:

“We built this company for our stakeholders. It’s a company that provides investors and partners with the much needed exposure to the electrification thesis. A company that through the development of a diversified portfolio of strategic battery mineral projects is focused on becoming a supply chain solution to safe and reliable cobalt for downstream partners. Investors will see ongoing announcements surrounding our continued programs in Nevada and further developments on Millennium – one of the most exciting scalable primary cobalt projects in the industry.”

The entire Share-Talk interview can be listened to by clicking on this link.

The transportation industry is set to undergo a profound transformation over the coming decades with a shift from fossil fuelled to electric powered vehicles. Global Energy Metals provides exposure to the e-mobility revolution through the development of a diversified supply chain for downstream users with potential to grow into a significant cobalt and battery minerals supplier. Global Energy Metals holds 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mt. Isa, Australia. It also currently owns 70% of the Werner Lake Cobalt Mine in Ontario, Canada, and has an option to acquire an 85% interest in two cobalt-nickel-copper exploration projects in Nevada, 150km East of the Tesla Gigafactory.

For Further Information:

Global Energy Metals Corporation

#1501-128 West Pender Street

Vancouver, BC, V6B 1R8

Email: info@globalenergymetals.com

t. + 1 (604) 688-4219 extensions 236/237

Twitter: @EnergyMetals

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.

Source

Click here to connect with Global Energy Metals Corporation (TSXV:GEMC, OTC:GBLEF,FWB:5GE1) for an Investor Presentation.

Featured

Highlights: – Former Xstrata plc executive, Mr. Ian Woolsey, has joined Jervois as Group Manager Information Technology – Mr. Woolsey will lead the IT integration of Freeport Cobalt in Finland, Idaho Cobalt Operations in the United States and the São Miguel Paulista nickel-cobalt refinery in Brazil – Mr. Woolsey joins Jervois after more than 10 years with Glencore Xstrata where he led the IT integration of major …

(TheNewswire)

read more Show less

AustralianSuper announces that it acquired 47,534,965 ordinary shares in the capital of Jervois Mining Limited on 27 October 2020 and a further 13,120,773 Shares on 3 December 2020 such that immediately following the second acquisition, AustralianSuper held a total of 108,450,700 of the issued and outstanding Shares in Jervois. The Shares were acquired pursuant to private placements by Jervois to institutional and …

AustralianSuper announces that it acquired 47,534,965 ordinary shares (“Shares”) in the capital of Jervois Mining Limited (ASX: JRV) (TSXV: JRV) (“Jervois”) on 27 October 2020 and a further 13,120,773 Shares on 3 December 2020 such that immediately following the second acquisition, AustralianSuper held a total of 108,450,700 (or approximately 13.71%) of the issued and outstanding Shares in Jervois.

The Shares were acquired pursuant to private placements by Jervois to institutional and sophisticated investors. The average purchase price per Share was AUD0.305/ CAD0.29 for an aggregate total purchase consideration of AUD18.5 million/ CAD17.6 million .

read more Show less

HIGHLIGHTS: -James May becomes Jervois’ CFO after almost 15 years in leadership roles with Rio Tinto -Mr May’s most recent role in Rio Tinto was as Interim Vice President, Sales and Marketing for the Energy & Minerals portfolio, based in Singapore -Mr May was also previously the CFO of Energy Resources of Australia Limited, an ASX-listed uranium miner, majority owned by Rio Tinto -Mr May also worked in various …

(TheNewswire)

read more Show less

5 Top ASX Robotics Stocks

Emerging Technology Investing
robotic arm above a globe showing Australia

Australia is hoping to lead the way in robotics, and these are some of the country's top robotics stocks by market cap.

Robotics is a growing area of engineering and science technology. Although Australia is hoping to lead the way in robotics, the number of pure-play ASX-listed robotics companies isn't all that big.

Robotics is a broad term covering everything from design to the construction and operation of robots. It also includes the use of robots in roles normally played by humans, often to reduce errors or speed up processes.

This list includes a wide range of ASX-listed companies that employ robotics. Data was sourced using TradingView's stock screener on November 24, 2021, and stocks are listed in order of market cap from largest to smallest.


1. WiseTech Global (ASX:WTC)

Market cap: AU$17.19 billion; current share price: AU$52.90

Technology powerhouse WiseTech Global provides software solutions to logistics businesses in 130 countries around the world. Its CargoWise platforms are designed using workflows, automation and robotics. The WiseTech Global Group includes more than 30 businesses.

The company has performed positively on the ASX over the past year, with its share price rising about 70 percent since the start of 2021. The company expects to continue this momentum in during its 2022 fiscal year, with projected EBITDA growth of 26 to 38 percent.

2. Altium (ASX:ALU)

Market cap: AU$5.47 billion; current share price: AU$41.67

Altium is a leading global software company that focuses on 3D-printed circuit board (PCB) design. Although seemingly obscure, the PCB design tool Altium Designer is used by robotics companies like Robotics Kanti. The company also sponsors student robotics design competitions that focus on PCB design.

The 2021 fiscal year was strong for Altium, which reported a revenue increase of 6 percent, to AU$180.2 million, and announced a final dividend of AU$0.21 per share.

3. Vection Technologies (ASX:VR1)

Market cap: AU$249.49 million; current share price: AU$0.25

Vection Technologies is a multinational software company with offices in Western Australia, as well as Subiaco and Casalecchio di Reno in Italy. The company uses robotics technology in addition to 3D, virtual reality, augmented reality, industrial internet of things and CAD solutions.

The business is split into two sections: information technology development and outsourced services. The company also collaborates with Autodesk Technology Centres, the Microsoft Mixed Reality Team and Cisco Systems Italy.

4. FBR (ASX:FBR)

Market cap: AU$116.95 million; current share price: AU$0.05

FBR designs, develops and builds robots for the global construction market. The company's dynamically stabilised offerings are made to work outdoors using FBR's Dynamic Stabilisation Technology.

This technology was first used in the Hadrian X, a brick-laying robot that can build structural walls more efficiently than traditional methods and with less waste. The first commercial building to have its structural walls built by Hadrian X in 2020 was completed and tenanted in 2021.

5. Bill Identity (ASX:BID)

Market cap: AU$44.18 million; current share price: AU$0.25

Previously known as BidEnergy, Bill Identity provides a series of bill management solutions leveraged using its Robotic Process Automation (RPA). The RPA system helps clients increase their efficiency and serves customers across Australia, New Zealand, the UK, the US and Europe. The company had a strong year, with total operating revenue growth of 55 percent year-on-year to AU$14.6 million in its 2021 fiscal year.

Don't forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article

Sydney Opera House at night

Robotics is an area of investing that is growing in Australia ― but is it a sector worth investing in?

The global robotics industry is expected to grow at a compound annual growth rate of 7.8 percent through 2028 according to the Global Industrial Robotics Market Analysis 2020. Robotics is an area of investing that is growing in Australia ― but is it a sector worth investing in?

Broadly speaking, robotics is the design and construction of robots. This can include core automation and production, industrial software, robot technology and integration of robotics. From drones to self-driving cars to toys ― robotics is a growing industry that is beginning to permeate our daily lives.


The distinction between robotics and AI can be a little confusing, but essentially think of robotics like the body and AI like the brain. Both can exist separately, and they are powerful when combined. The goal of a robot is to complete a task faster and more efficiently than a human.

What does the market look like?

The COVID-19 pandemic has seen technology sectors such as robotics accelerate as businesses have faced global challenges. Robotics has been able to help keep spaces safer by replacing humans with robots on factory lines, in eCommerce warehouses or on healthcare frontlines taking temperatures or disinfecting spaces.

What is Australia doing to support the robotics sector?

In early 2020, the Robotics Australia Network was formed to accelerate growth of the domestic robotics industry. The network aims to strengthen global competitiveness and cement Australia as a global leader in robotics.

How does the Australian robotics sector stack up?

According to the International Federation of Robotics, in a ranking of the world's most automated countries it's not even in the top 10. Number one is Singapore, followed by South Korea then Japan.

The investment space for pure robotics companies is relatively small, with greater opportunities to invest in more broader technology, AI and automation stocks.

Who are the big players in robotics stocks?

Robotics stocks in Australia are companies with a strong crossover to other technology sectors like artificial intelligence and virtual reality.

Vection Technologies (ASX:VR1)
Market Cap AU$77.56 million

Vection is a multinational software company with offices in Western Australia as well as Subiaco and Casalecchio di Reno in Italy. The company uses robotics technology as well as 3D, virtual reality, augmented reality, industrial IoT and CAD solutions. The business is split into two sections: IT development and outsourced services. The company also collaborates with Autodesk Technology Centers, the Microsoft Mixed Reality Team and Cisco Systems Italy.

Bill Identity (ASX:BID)

Market Cap AU$52.97 million

Previously known as BidEnergy, Bill Identity is a series of bill management solutions leveraged using robotic process automation, which helps clients increase efficiency. The company serves customers across Australia, New Zealand, the UK, the US and Europe. Bill Identity had a strong year, with total operating revenue growth of 55 percent year-on-year to US$14.6M in FY21.

What are the other ways to invest in robotics?

Another way to get into the robotics sector is investing in robotics exchange traded funds (ETFs), a popular choice that offers exposure to the industry of robotics and artificial intelligence rather than a single company. Two major ETFs in the robotics sector are:

  • BetaShares Global Robotics and Artificial Intelligence ETF (ASX:RBTZ)
  • The ROBO Global Robotics and Automation ETF (ARCA:ROBO)

Don't forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article.