Global Energy Metals Corp (CVE:GEMC) (OTCMKTS:GBLEF) is set for a trade mission next month (October) to South Korea, showcasing Canada, its mining companies and its clean technology credentials.
The Vancouver-based firm was chosen to take part in the trip, which is a collaboration between the government of British Columbia, the government of Canada's lands and minerals sector, Natural Resources Canada, the South Korean government and Korea Resources Corporation (KORES).
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The aim is to expand trade and investment-related efforts in key Asian markets by Canada and its companies.
Global Energy Metals Corp (GEMC) is developing cobalt assets for the growing rechargeable battery and electric vehicle market, while Korea is an auto manufacturing and high tech hub.
Such industries rely on critical minerals such as rare earth elements and battery metals like lithium, cobalt, graphite and nickel.
"On behalf of Global Energy Metals, I look forward to representing our company and Canada as a responsible and sustainable future supplier of the critical minerals essential for the growth of the new energy economy," said Mitchell Smith, the CEO and President at GEMC.
Exclusive mission
"This exclusive trade mission to South Korea, one of the world's leading countries for electric vehicle battery manufacturing, will be a critical step in forging lasting and prosperous relationships while actively introducing our company and its projects to interested investment partners seeking access to battery raw materials from safe, pro-mining jurisdictions."
GEMC said it will exhibit at the trade mission and take part in scheduled match-making activities with related Korean corporations.
Korean firms confirmed as participating include LG Chem, LG International, Samsung C/T, SK Innovation, EcoPro BM, POSCO, Korea Zinc, Hyundai Steel, SK Networks, LS-Nikko amongst others, said GEMC in today's statement.
Contact the author at giles@proactiveinvestors.com