QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Positioned to Benefit from Increasing Global Lithium Demand

Oct 11, 2018

Advancing technologies and market adoption of electric vehicles expected to fuel lithium-ion battery market growth to $93.1 billion by 2025 QMC has initiated planning of a geochemical survey over select areas of its Irgon Lithium Mine Project The company has several advantages expected to reduce the time required for exploration and to bring the Irgon Lithium Mine Project online

A positive market outlook and advantages enjoyed by Vancouver-based QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) have placed the exploration company in a favorable position to benefit from projected higher global demand for lithium. The metal is needed as a key raw material in the manufacture of lithium-ion batteries, which are used to power electric vehicles, consumer electronics and energy grid power storage systems.

The global lithium-ion battery market is expected to reach $93.1 billion by 2025, growing at a compound annual growth rate (CAGR) of 17 percent, according to a report by…

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