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PMET is closing in on a key economic assessment of a huge lithium project in Canada. The project is set to be the fifth biggest budget main producer in the world. Meaning it is ideally placed to be a key supplier to North American and European markets looking to diversify from China. Guest Bio Ken Brinsden is CEO, President and Director of PMET Resources (ASX: PMT / TSX: PMET). He is a Mining Engineer with nearly 30 years of experience across surface and underground mining operations, spanning mine management, production, brownfield and greenfield development, and executive and board leadership across multiple commodities. Ken graduated from the Western Australian School of Mines in 1993 and has held roles at WMC Resources, Normandy, Central Norseman Gold Corporation, GoldFields, Iluka Resources and Atlas Iron. He joined Pilbara Minerals as Chief Executive Officer in January 2016 and was appointed Managing Director and CEO in May of that year, leading the company's transformation from a junior explorer into one of the world's leading lithium raw materials producers and achieving entry to the ASX 100. Ken is a member of the London Metal Exchange's Lithium Committee and is now based in Québec, where he is leading the development of the Shaakichiuwaanaan Project — the largest lithium pegmatite resource in the Americas. Produced by Resource Media ———— The Hole Truth: Mining Investment Podcast is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. Key Insights PMET's Shaakichiuwaanaan Project Is Positioned to Become One of the World's Largest Lithium ProducersLocated in the Eeyou Istchee James Bay region of northern Québec, the Shaakichiuwaanaan Project holds the largest lithium pegmatite resource in the Americas. PMET's completed CV5 Feasibility Study targets production of up to 800,000 tonnes per year of spodumene concentrate at full capacity, which would place it in the top five hard rock lithium operations globally — a scale Ken Brinsden compares directly to the industry benchmark, Greenbushes. Stationary Energy Storage and EV Trucking Are the Demand Forces the Market Is Underestimating Brinsden reveals that stationary battery energy storage now accounts for 40% of global lithium-ion battery demand — a figure unthinkable just 18 months ago. He argues the next wave is diesel replacement in commercial trucking, enabled by megawatt-scale charging and larger battery packs, and that the compounding effect of cheaper cells across new applications means the market will continue to be surprised by the pace of demand growth. Shaakichiuwaanaan Is a Rare Triple-Commodity Critical Minerals Asset Beyond its world-class lithium endowment, the Shaakichiuwaanaan property hosts the world's largest known pollucite-hosted caesium deposit — located in the CV13 pegmatite — as well as one of the largest tantalum resources globally. Caesium is used in oil and gas drilling fluids, industrial catalysts and pharmaceuticals; tantalum is in strong demand for electronics, defence and aerospace. Brinsden explains how both co-products will contribute meaningful cost credits when the expanded feasibility study is released. Volkswagen's PowerCo and Koch Technology Solutions Provide Strategic Validation at Scale In a first for the Volkswagen Group, the automaker has taken a direct equity stake in PMET and signed a 10-year lithium spodumene offtake agreement through its battery subsidiary PowerCo. PMET has also launched a relationship with Koch Technology Solutions — a major US industrial conglomerate — focused on advancing value-added caesium chemicals production from Shaakichiuwaanaan, deepening the project's integration into North American critical minerals supply chains. Government Backing From Canada and Germany Underpins the Path to Mine Authorisation PMET has received letters of support from Export Development Canada and Germany's KfW IPEX-Bank as it advances through the Environmental and Social Impact Assessment process. Brinsden sees Canada's drive to diversify its supply chains — particularly in the context of shifting geopolitical dynamics and its deepening ties with Europe — as a powerful structural tailwind for Shaakichiuwaanaan as it targets a final investment decision in the second half of 2027.
Jack McGinn and Justin Fris discuss why WA's ability to decarbonise hinges on the development of power transmission networks. Plus: Rinehart re-brands Roy Hill, Atlas Iron; Regional WA's only international flight axed; Historic Goldfields Pipeline in major upgrade.
Why is Atlas Iron & Metal Company still allowed to poison students at Jordan High School in Watts even though they are facing felonies? Why is the 3200 setback/buffer zone law meant to protect people from oil wells on hold? Why is the Dodger Stadium gondola project a problem according to environmentalists? What new laws are in the pipeline to battle the climate emergency? We tackle these questions on this podcast. X/Twitter: @fatimaizubair @diprimaradio @kbla1580
Arrow Minerals (ASX: AMD) is a tiddler… The company's share price at the time of recording this podcast was just .3 cents a share. Incoming Managing Director David Flanagan, is anything but a tiddler. He's got a big reputation, he was the founding Managing Director of Atlas Iron and he's well known throughout the Australian business community as a mover and a shaker. Arrow Minerals has just raised money to explore the Simandou North iron ore project in the West African country of Guinea. David Flanagan, is very excited about the opportunity, he says there's huge upside at Simandou North, and he's going to test it. ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.
Senior journalist Matt Mckenzie and Jordan Murray discuss Philip Lowe's show of courage and Bill Johnston's openness to the possible sale of Gold Corporation. Plus the latest on Perron Group, Atlas Iron and BHP with Simone Grogan.
In this Business News podcast Mark Beyer and Mark Pownall discuss defence contracts, Scarborough high rise, Landgate and TAB privatisation, Atlas Iron, 2018's Rising Stars, and our special report on Indigenous business.
In this Business News podcast Mark Beyer and Mark Pownall discuss defence contracts, Scarborough high rise, Landgate and TAB privatisation, Atlas Iron, 2018's Rising Stars, and our special report on Indigenous business.
Mark Pownall and Mark Beyer discuss Perth house price outlook, Atlas Iron takeover, BGC asset sale starts, WA job vacancies, population growth and an interview with the CEO of HBF.
Mark Pownall and Mark Beyer discuss Perth house price outlook, Atlas Iron takeover, BGC asset sale starts, WA job vacancies, population growth and an interview with the CEO of HBF.
In this Business News podcast Mark Beyer and Mark Pownall discuss BHP’s new iron ore mine, plus more good news on lithium and nickel, the battle over Atlas Iron and shipping rights at Port Hedland, Perth house prices – which suburbs have delivered the best long-term returns, and our special report on infrastructure.
In this Business News podcast Mark Beyer and Mark Pownall discuss BHP’s new iron ore mine, plus more good news on lithium and nickel, the battle over Atlas Iron and shipping rights at Port Hedland, Perth house prices – which suburbs have delivered the best long-term returns, and our special report on infrastructure.
In this Business News podcast Mark Beyer, Matt Mckenzie, and Katie McDonald discuss the latest economic growth data, three intriguing takeover prospects (Atlas Iron, HBF, BGC), stockmarket floats, including Primero group, agricultural projects in WA's north, the continuing debate over fly-in-fly-out, and our special report on Perth apartment projects.
In this Business News podcast Mark Beyer, Matt Mckenzie, and Katie McDonald discuss the latest economic growth data, three intriguing takeover prospects (Atlas Iron, HBF, BGC), stockmarket floats, including Primero group, agricultural projects in WA's north, the continuing debate over fly-in-fly-out, and our special report on Perth apartment projects.
In this Business News podcast Mark Beyer, Matt Mckenzie, and Tori Wilson discuss Synergy and renewable energy, the Atlas Iron takeover, live sheep exports, Bill Shorten’s Perth visit, a new report on Kwinana, and the debate over training and apprenticeships.
In this Business News podcast Mark Beyer, Matt Mckenzie, and Tori Wilson discuss Synergy and renewable energy, the Atlas Iron takeover, live sheep exports, Bill Shorten’s Perth visit, a new report on Kwinana, and the debate over training and apprenticeships.
In this Business News podcast, Mark Beyer and Mark Pownall discuss Roe 8, house prices, Libor scandal, Atlas Iron and WA’s education market
In this Business News podcast, Mark Beyer and Mark Pownall discuss Roe 8, house prices, Libor scandal, Atlas Iron and WA’s education market
Asset sales, reporting season, Qantas, Atlas Iron, BC Iron and a feature on architects & planners are among the stories discussed by James Lush from Lush Digital Media with Mark Pownall and Dan Wilkie from Business News. You can subscribe to this podcast on iTunes by searching 'business news'.
Asset sales, reporting season, Qantas, Atlas Iron, BC Iron and a feature on architects & planners are among the stories discussed by James Lush from Lush Digital Media with Mark Pownall and Dan Wilkie from Business News. You can subscribe to this podcast on iTunes by searching 'business news'.