Latest news with #GridBatteryMetals
The Market Online
15 hours ago
- Business
- The Market Online
Strategic property acquisition in prolific copper-gold region in BC
Canadian-based Grid Battery Metals focuses on exploration for high-value battery metals required for the electric vehicle (EV) market. The company has just made a big move in copper and Tim Fernback, President and CEO of Grid Battery Metals joined Coreena Robertson in studio to discuss the details. The following is a transcription of the above video, and The Market Online has edited it for clarity . Coreena: Let's start with the big news. Grid just closed on the acquisition of a copper property. Can you walk us through what this asset is and what kind of potential you see there? Tim: It's a 275 square kilometer mining tenure, five distinct claim blocks in a very prolific Omineca region of central BC. So it is a prolific copper gold region in British Columbia. And there are three deposits adjacent to ours, which are being worked by Northwest Copper. And of course, we're in the region where Centerra Gold's Mount Milligan mine has already produced 1.8 million ounces of gold and 750 million pounds of copper. Coreena: Now, you've already got a strong focus on lithium. How does adding copper to the mix strengthen the portfolio for shareholders? Tim: You know, it's all about diversification. We are a battery metals focused company, so we're looking for good projects with good metal potential. And copper and lithium are both in high demand and also they are projected to have a supply crunch going forward. So it's a good place to be for a Grid shareholder to have both of these metals in your portfolio. Coreena: Alright. Now copper's obviously a big deal, but from a defense angle, what exactly makes it so critical? Tim: So, it's the best conductor of electricity. So, if you have equipment that's powered by a diesel engine or nuclear power or even a battery, a rechargeable battery, it's going to need copper to get to where it's got to go to make it function. So copper, titanium, stainless steel. These are really critical metals within the defense industry because all their equipment uses quite a larger quantity of it. Coreena: Alright. And we're going to need more of it. Tim: Yes, of course. Coreena: We've seen this shift in political momentum from Trump invoking the Defense Production Act to Mark Carney's push for resource security here in Canada. What steps is the government taking to make sure metals like lithium and copper are sourced more domestically? Tim: So, the big trend with these critical minerals is reshoring or onshoring them back to North America. So North America over the last 40, 50 years has given away its refining capacity and its production capacity. So now that's being brought back onto North American shores and we're focused on developing our own internal resources. So good quality copper and lithium projects in North America will go forward and will be supported by the governments. Coreena: And with Carney's recent push to ramp up Canada's defense spending, how does Grid fit into that picture? Tim: So, what's happening in Canada is that there's a renewed focus on spending on military equipment and as mentioned before, copper's a big part of that, so is lithium. So Canada in particular has committed to going from about 1.4 per cent of GDP to 2 per cent of GDP in terms of defense spending. So that is $18 billion annually in addition to what we already spend for a total of about $60 billion. Most of that is going into equipment and metals like copper and lithium are a big part of what's being bought. Coreena: And finally, do you see your asset base aligning with those evolving national priorities? Tim: Definitely, having great lithium and copper assets as North America is onshoring those metals and developing those projects, they're going to be supported by the governments and it's really important for our shareholders to have those in their portfolio. Thank you so much, Tim for taking the time to stop by here in studio. You can find Grid Battery Metals trading on the venture under the ticker symbol FLT, and on the OTCQB under the ticker symbol TAKOF. Check them out at for more information. Join the discussion: Find out what everybody's saying about this stock on the Grid Battery Metals investor discussion forum, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
The Market Online
6 days ago
- Business
- The Market Online
A Canadian mineral company at the crossroads of electrification and defense
As geopolitical tensions between Canada and the United States escalate, the critical minerals sector finds itself in the crosshairs of a growing trade war. This friction casts a long shadow over the electrification revolution, where battery metals are the lifeblood of progress. With tariffs rising and global supply chains under strain, the urgency to localize resource extraction within North America has never been greater. This shift is not just about economic resilience—it's about national security. Amid this backdrop, Grid Battery Metals (TSXV:CELL) emerges as a compelling player. The company, based in Canada, has pivoted to focus on high-value battery metals, particularly lithium and copper, which are essential to both clean energy and defense industries . With exploration assets in both the USA and Canada, Grid is well-positioned to benefit from the reshoring of critical mineral supply chains. Canada's recent announcement to increase military spending to meet and exceed NATO's 2 per cent GDP target immediately underscores this shift. Defense systems—from drones to satellites—are increasingly reliant on lithium and copper-based technologies. The global copper market is facing a severe supply-demand imbalance. As the world races toward electrification—driven by defense industry spending, electric vehicles (EVs), renewable energy infrastructure, and smart grids—copper demand is surging. Yet, supply remains constrained, exacerbated by geopolitical instability and underinvestment in new mining projects. Lithium, meanwhile, is no longer just a battery metal—it's a top asset. Its role in energy storage, EVs, and now advanced defense applications is expanding rapidly. Grid's portfolio includes three lithium properties in Nevada, USA—Texas Spring, Clayton Valley, and Volt Canyon—and a newly acquired copper-gold property in Central British Columbia. These assets are not only prospective but located near existing infrastructure and major players like Albemarle's (NYSE: ALB) Silver Peak lithium mine and Centerra Gold's (NYSE: CGAU) Mt. Milligan copper gold mine Texas Spring: Adjacent to Surge Battery Metals' high-grade lithium discovery, Grid's soil sampling has already revealed lithium concentrations exceeding 5,600 ppm. Clayton Valley: Located near North America's only producing lithium brine operation, this property offers potential for both brine and clay-hosted lithium deposits. Copper-Gold Property (B.C.): Grid recently awarded a 2025 exploration contract to Hardline Exploration, signalling its commitment to advancing this asset. 'For 2025, we propose to carry out a preliminary exploration program on two of the five claim blocks recently acquired as part of our Exploration Phase 1,' Grid's CEO and president, Tim Fernback, explained in a news release. 'Here a large assaying, trenching, sampling and geophysics program is planned for the Jupiter and Starlight claim blocks. We are planning this work during the summer exploration season and expect to have assay results by the fall with next exploration steps identified on the various claim blocks shortly thereafter.' Defense, decarbonization, and the rare earth race The global race for rare earth elements and battery metals is intensifying. Neodymium-iron-boron magnets—critical for precision-guided weapons, stealth aircraft, and unmanned systems—are almost entirely sourced from China. Western nations are now scrambling to diversify supply chains, and Canada is poised to play a pivotal role. Grid's focus on lithium and copper aligns with this strategic imperative. These metals are not only essential for EVs and renewable energy but are increasingly vital to defense technologies. The recent development of a new copper-lithium-tantalum alloy in the U.S.—capable of withstanding extreme heat while maintaining strength—highlights the evolving role of these materials in next-generation defense systems. Though still years from commercialization, such innovations point to the growing value of Grid's core commodities. Why investors should pay attention Grid Battery Metals is more than a junior explorer—it's a potential cornerstone in North America's critical minerals strategy. With assets in politically stable jurisdictions, proximity to major players, and a focus on metals that are both economically and militarily essential, Grid offers a unique value proposition. The company's stock has shown strong momentum in 2025, with a 225% year-to-date return as of June. As governments double down on clean energy and defense spending, companies like Grid stand to benefit from both policy tailwinds and market fundamentals. A solid bet on the future In a world where energy security and national defense are increasingly intertwined, Grid Battery Metals is aligned with the most pressing global trends. Investors looking to gain exposure to the electrification and defense revolutions should consider Grid as a high-upside opportunity. As always, deeper due diligence is essential—but the fundamentals, timing, and geopolitical context suggest that Grid Battery Metals could be a name to watch closely in the years ahead. Grid Battery Metals is a Canadian exploration company with a focus on exploration for high-value battery metals for the electric vehicle market. Join the discussion: Find out what everybody's saying about this stock on the Grid Battery Metals Inc. Bullboard investor discussion forum, and check out the rest of Stockhouse's stock forums and message boards. This is sponsored content issued on behalf of Grid Battery Metals Inc., please see full disclaimer here.
