Not that long ago U.S. car manufacturer Ford and SK, a Korean battery manufacturer revealed that they are planning to build a new $1.2 billion battery cathode factory in Becancour, Quebec. The race is on to secure lithium mining positions in this area and one emerging company has ownership of one of the largest positions focused on lithium in Nunavik, Quebec. It covers the top third of Quebec, where an exploration program is ongoing. Quebec has become a major new critical minerals hub in North America. Active in Nunavik is Kubold Metals whose investors have included Silicon Valley venture capital fund Andreessen Horowitz, Norwegian state-controlled energy company Equinor, and Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates. Other investors include billionaires Bill Gates, Jeff Bezos, Richard Branson, and Michael Bloomberg!
This promising small-cap exploration company also has properties in James Bay, in close proximity to Patriot Battery Metals’ Corvette deposit and covering a total area of approximately 100 sq. km. This summer the James Bay area has seen significant corporate activities including the entrance of Rio Tinto and investment by Albemarle into Patriot Battery Metals!
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