Manning is led by a seasoned management team with a clear focus on driving value to shareholders through actively exploring its lithium assets in Quebec and Newfoundland.
Manning is focused on driving shareholder value through the exploration and discovery of Energy Metals, critical materials needed to power the new energy paradigm.
Lithium and associated materials will continue to be at the forefront of global commodity demand for decades to come.
We seek out geologically favorable ground that is both highly prospective and underexplored and through intelligent, methodical exploration we pursue impactful resource discovery.
Typically, mineralization occurs as Lithium-Cesium-Tantalum (LCT) style spodumene bearing pegmatites.
Lithium bearing rocks can be processed into either lithiumcarbonate or lithium hydroxide while brines can initially only be processed into lithium carbonate (Li2CO3), which can then be further processed into lithium hydroxide (LiOH)
Spodumene bearing pegmatites are important sources of hard rocklithium. With rising EV demand lithium hydroxide and lithium carbonatite prices have risen by over 200% during 2021. Despite the price rises the forecast lithium market imbalance will continue to increase dramaticallyin coming years (Allkem, CEO Presentation, 2021)
An incredible opportunity to take part in the growing demand for electric vehicles, mobile devices, and grid storage that is creating a long-term supply shortage and increasing lithium prices.
With the Biden Administration providing $3.16B USD in funding for lithium projects domestically, and investing $5B USD towards the EV charging network, the U.S. is all in on the electrification of America. [1] – and Canada has adopted a similar position.
It is estimated that with the immense increase in battery metals demand, the world will need almost 400 new mines by 2035.[2]
[1] Benchmark Mineral Intelligence
[2] www.energy.gov/articles/biden-administration-announces-316-billion-bipartisan-infrastructure-law-boost-domestic
Manning is led by a seasoned management team with a clear focus on driving value to shareholders through actively exploring its lithium assets in Quebec and Newfoundland.
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