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Leading Edge Minerals keen to tap into ‘huge growth market’ of Lithium-ion batteries

Wednesday, October 12, 2016 8:09
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(Before It's News)

Leading Edge Materials Corp (CVE:LEM) was formed in August 2016 through the merger of Tasman Metals With Flinders Resources. The company’s assets and research focus on the raw materials for Li-ion batteries, materials for high thermal efficiency building products and materials that improve the efficiency of energy generation.

Chief executive Blair Way tells Proactive: ”Since we combined the two companies, we’re targeting the energy storage market. With our Graphite production facility up and running and working down the high purity path that’s certainly our primary focus – but given the activity we undertake to work with end-users for our Graphite we’ve also identified a number of other strategic materials that customers may be interested in in the future, so we’re also seeking out those types of materials that we can add to our portfolio for future requirements.”

Speaking about the future of Li-ion batteries, Way said: ”It really is a growth market. Everybody’s walking around with at least one, two or possibly even three Li-ion batteries in their pockets but as you walk down the road and an electric vehicle sneaks up behind you, there’s more and more of these quiet vehicles creeping around on the roads as well so there really is a growth market for what  we call mobility energy storage”.

Story by ProactiveInvestors

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