Rimrock Gold Corp (RMRK)

[Dobie Lama]

The future for lithium-ion batteries for cars is already here. With this new deal for Nemaska with a Swiss company, why not provide the budget to further explore our little gem.

"High-quality raw materials are a key element for cathode materials to be used in long-lasting lithium ion batteries," commented Denis Geoffroy, General Manager, Phostech Lithium. "We are eager to evaluate a new source of lithium hydroxide and explore a long-term relationship with Nemaska Lithium."

Phostech recently opened its facility in Quebec that produces the Life Power® P2 C-LiFePO4, a safe, high-power cathode material for rechargeable lithium-ion batteries used in hybrid and electric vehicles, solar and wind energy storage and power tools.