GreenTech Metals Limited
GreenTech Metals Limited (ASX:GRE) is an exploration and development company established to discover, develop and acquire resource projects to supply the growing demand from global electrification – driven largely by energy storage via batteries and electric vehicles.
The green energy transition is underway and will require substantially more metal supply for the electrification of the global vehicle fleet and for the massive investment in the electrical grid, renewable energy infrastructure and storage.
With a high-quality suite of Ni, Cu and PGE assets in the underexplored West Pilbara region of Western Australia, the Company will also seek to acquire additional projects to feed the metal required for the manufacture of batteries and electric vehicles, such as lithium, rare earths, and other specialty metals from projects located both in Australia and overseas.
The Energy Transition is underway
Globally, government mandates are moving to 100% reduction of greenhouse gases
Electrification is critical for decarbonisation.
Electrification currently accounts for 19% of total final energy consumption, up from 15% in 2000.
The World Economic Forum is predicting this to grow to 44% by 2050.