Company Interview / Right place, right time & rare discovery for Patriot

Ken Brinsden of Patriot Battery Metals (ASX: PMT) outlines the company’s progress in developing its significant hard rock lithium resource located in northern Quebec, Canada. Brinsden points to a recent $69 million Canadian investment and offtake agreement with Volkswagen and PowerCo as a major boost to Patriot’s credibility within the battery supply chain.

He sees these partnerships as essential for aligning with rapidly expanding North American and European markets, especially with end users such as Rivian and QuantumScape driving battery innovation.

On lithium demand, Brinsden forecasts consumption well above mainstream projections of 3 million tonnes per annum by 2030, citing accelerated technology advances and cost reductions out of China as key drivers.

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