Emerging Markets Report: Metal for the Pedal
ORLANDO, Sept. 15, 2021 - The impact and progression of Electric Vehicles (EV's) is undeniable. What was once a radical idea is now certainly the way and the wave of the future. One need look no further than the proliferation of Tesla's on the road as testament. Other major automakers are in hot pursuit of this highly desirable market share. President Biden wants 50% of vehicles ON THE ROAD, not just in production, to be electric by 2030. This report believes that EV's will double their market share this year.
But what is often missed, ignored even, is what it takes to create the critical components of these EV vehicles… most importantly, the battery. Inside each battery are imperative metals that make the batteries and their EV rides run.
Enter Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF), a mineral exploration and development Company focused on the "battery metals" used in electric vehicles and other green technologies.
Already, the Company has a NI 43-101 compliant resource of nickel copper cobalt and platinum group metals and a high grade historical resource of lithium at its Makwa Mayville project in Manitoba. Drilling results are pending from its Bannockburn Nickel Project south of Timmins, Ontario where the Company is targeting bulk tonnage nickel mineralization and the Company has an active field program at its the East Bull Lake Palladium Property near Sudbury Ontario.
It's a portfolio of resources for a market that looks to be rapidly expanding as society embraces climate change and Electric Vehicles. As it does, it will be ever so important to have the metals necessary to power the electric gas pedal and Grid Metals is positioned to provide its share of these commodities.
For more information, visit www.gridmetalscorp.com
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