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

Latest News

Asian shares up on hopes that US, China will solve dispute

Oct 16, 2018

SINGAPORE — Asian markets were mostly higher on Tuesday, though Chinese benchmarks fell after the government reported inflation rose for the fourth straight month. KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.3 percent to 22,317.06. The Kospi in South Korea recovered 0.1 percent to 2,145.71. Hong Kong's Hang Seng index, which has fallen 22 percent since early January, slipped another 0.2 percent to 25,396.19. The Shanghai Composite dropped 0.2 percent to 2,564.24. Australia's S&P/ASX 200 gained 0.4 percent to 5,859.20. Shares rose in Taiwan, and Indonesia but fell in Singapore and Thailand. WALL STREET: Technology companies skidded and misses in...

China trade surplus with US widens to record $34.1B

Oct 16, 2018

BEIJING — China's trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, down from August's 13.4 percent growth, customs data showed Friday. Imports of American goods increased 9 percent to $12.6 billion, down from 11.1 percent. Chinese exports to the United States have at least temporarily defied forecasts they would weaken after being hit by punitive tariffs of up to 25 percent in a fight over American...

Losses on Wall Street ripple through Asia; stocks slump

Oct 16, 2018

SINGAPORE — Asian markets were broadly lower on Thursday after Wall Street slumped on a heavy selling of technology and internet stocks. Japan's benchmark fell by an unusually wide margin of 3.9 percent and China's main index lost 4.3 percent. Markets in Hong Kong, South Korea, Australia and Southeast Asia recorded similar declines. Investors are wary of possible further U.S. interest rate hikes. That will raise the cost of corporate borrowing and could drag on economic growth. The U.S. Federal Reserve recently raised short-term interest rates for the third time this year, with one more expected before the year ends....

Australia mulls banning some immigrants from biggest cities

Oct 16, 2018

CANBERRA, Australia — Starting a new life in Australia might not come with views of the Sydney Opera House or surfing at the city's Bondi Beach with the government considering a ban on some immigrants from settling in big cities. Minister for Cities, Urban Infrastructure and Population Alan Tudge said Tuesday that his government wants to cut the number of immigrants moving to Sydney and Melbourne in a bid to reduce congestion in Australia's two biggest cities. Tudge said placing conditions on visas that force immigrants to stay in less popular centers for several years would increase the likelihood that...

China tech stocks Lenovo, ZTE tumble after chip hack report

Oct 16, 2018

HONG KONG — Chinese tech stocks Lenovo Group and ZTE Corp. tumbled in Hong Kong on Friday following a news report Chinese spies might have used chips supplied by another company to hack into U.S. computer systems. Lenovo shares closed down 15.1 percent while ZTE lost 11 percent. Bloomberg News cited unidentified U.S. officials as saying malicious chips were inserted into equipment supplied by Super Micro Computer Inc. to American companies and government agencies. Lenovo, with headquarters in Beijing and Research Triangle Park, North Carolina, is the biggest global manufacturer of personal computers and has a growing smartphone brand. "Super...

Sign up now!