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

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…

Read More>>

More from NetworkNewsWire

Pacific Software, Inc.’s (PFSF) Proprietary Hyperledger Platform to Incorporate Agri-Blockchain Solutions, IoT Integration Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Well Placed for Metal Discoveries in South America’s Lithium Triangle 665 Energy, Inc. (SSOF) Building Momentum as Energy Industry Supplier, Resale Business

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More News From Asean Coverage

US-China trade war, sea row in ASEAN summit spotlight

Jun 25, 2019

BANGKOK — Southeast Asian leaders will commit to conclude a long-delayed regional trade pact this year despite lingering odds to fend off risks from a protracted U.S.-China trade war when they gather for a weekend summit in Thailand. The Chinese sinking of a Philippine boat, which endangered 22 Filipino fishermen, is also expected to put the South China Sea territorial conflicts under the spotlight in the Association of Southeast Asian Nations meetings. The two-day summit gets underway Saturday in the Thai capital of Bangkok, where ASEAN was founded in 1967 in the Cold War era. Other key issues include the...

Ex-Filipino diplomat who sued Xi barred entry to Hong Kong

Jun 25, 2019

MANILA, Philippines — A former Philippine foreign secretary who accused in an international court Chinese President Xi Jinping of crimes against humanity said he was barred from entering Hong Kong on Friday and held at the airport for hours. Former Foreign Secretary Albert del Rosario told The Associated Press by telephone that he flew to Hong Kong for a business meeting but was blocked by immigration officers from entering. Del Rosario said he was held at an airport immigration lounge for about six hours before being told that he was denied entry without any explanation and put on a Cathay...

North Korea's Kim meets China's Xi, says awaiting US actions

Jun 25, 2019

BEIJING — North Korean leader Kim Jong Un, meeting in Pyongyang with Chinese President Xi Jinping, said Thursday that his country is waiting for a desired response in stalled nuclear talks with the United States. "North Korea would like to remain patient, but it hopes the relevant party will meet halfway with North Korea to explore resolution plans that accommodate each other's reasonable concerns," he said, according to Chinese state broadcaster CCTV. Xi's trip to North Korea, the first by a Chinese president in 14 years, raises the possibility that China could help break a monthslong impasse in talks between...

No Hong Kong response as activists' deadline passes

Jun 25, 2019

HONG KONG — A deadline imposed by activist groups for Hong Kong's government to meet demands including the scrapping of controversial extradition legislation passed Thursday without an official response. The groups have said they would call on supporters to surround government headquarters if their demands weren't met, continuing demonstrations that saw hundreds of thousands take to the streets in the past weeks. Numbers of protesters outside the Legislative Council, which had dwindled since last Sunday's march, began picking up again Thursday afternoon. Hong Kong Chief Executive Carrie Lam has apologized for her handling of the extradition bill, which could be...

Asian shares gain, Shanghai up 2.4%, on Fed rate cut talk

Jun 25, 2019

BANGKOK — Asian shares are higher with the Shanghai benchmark up 2.4% on hopes that a meeting between President Donald Trump and his counterpart Xi Jinping next week might help ease trade tensions. The Thursday tracked modest gains on Wall Street. Tokyo's Nikkei 225 index added 0.6% to 21,462.86 while the Hang Seng in Hong Kong surged 1.2% to 28,545.23. Shanghai was up 2.4% to 2,987.12 while Australia's S&P ASX 200 picked up 0.6% to 6,687.40. India's Sensex advanced 0.4% to 39,277.17. Shares fell in Jakarta but rose slightly in Taiwan and elsewhere in Southeast Asia. Confirmation that Trump and...