Technological Advances Generate Lithium Demand, Opportunities for QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ)
New approach could boost the energy capacity of lithium batteries The lithium battery market is projected to grow to $92 billion by 2024 QMC Quantum Minerals is anticipating completion of its NI 43-101-compliant mineral resource report on its Irgon lithium mine project after three years of exploration The world’s dependence on continually-advancing computer technology is driving efforts to improve the quality of the lithium-ion batteries that power the vast majority of computerized devices, especially mobile technologies ranging from pocketable cell phones to self-driving electric automobiles. Thanks to the technological boom, lithium has been an in-demand lightweight metal, with most of…