QMCQF - NetworkNewsBreaks - QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Holds Favorable Position as Rising EV Market Boosts Lithium Demand Worldwide
QMC Quantum Minerals (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ), a British Columbia-based company focused on the acquisition, exploration and development of natural resource properties, is ideally positioned as demand for lithium rapidly rises alongside the popularity of autonomous electric vehicles (“EVs”). According to a recent BloombergNEF report, the global demand for lithium is projected to reach one million tons per year by 2025 from the current 325,000 tons (http://nnw.fm/o1Fya). An article discussing the company reads, “According to BloombergNEF’s report titled ‘Electric Vehicle Outlook 2019,’ over two million electric vehicles were sold in the world in 2018, marking a massive increase from the few thousand cars sold eight years prior. The analysis suggests that, by 2040, 57% of all passenger vehicles sales and over 30% of the global passenger vehicle fleet will be electric. . . . Statistics also suggest that the electric vehicle trend is spreading to multiple segments. By 2040, 56% of light commercial vehicles sales are forecast to be electric, and the same applies to 31% of medium commercial vehicle sales in the U.S., China and Europe.”
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About QMC Quantum Minerals Corp.
QMC is a British Columbia-based company engaged in the business of acquisition, exploration and development of resource properties. The company’s objective is to locate and develop economic precious, base, rare-metal and resource properties of merit. The company’s properties include the Irgon Lithium Mine Project and two VMS properties — the Rocky Lake and Rocky-Namew — known collectively as the Namew Lake District Project. Currently, all of the company’s properties are located in Manitoba. For more information, visit the company’s website at www.QMCMinerals.com.
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