Company Name: Leading Edge Materials Corp.
Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw material projects located in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to high growth technologies such as batteries for electromobility and energy storage and permanent magnets for electric motors and wind power that underpin the clean energy transition towards climate neutrality. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), Norra Karr HREE project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).
Why did it go up over 100%?
October 6, 2021 – Leading Edge Materials Corp. announce that its 100% owned Swedish subsidiary Woxna Graphite AB (“Woxna”) has signed a non-binding Heads of Agreement (the “MOU”) with Sydney, Australia, based Sicona Battery Technologies Pty Ltd (“Sicona”). The MOU lays out the path for the establishment of a Sweden based 50/50 Joint Venture (the “JV”) targeting the production of advanced natural graphite and silicon-graphite-carbon composite active anode materials using natural graphite from the Woxna Graphite mine as feedstock to offer the European lithium-ion battery manufacturing industry a secure and sustainable supply of high-performance anode materials.
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I LOVE THIS CHART. If it can beat $.43, I love it.
If it can’t, what comes up must come down!
There is not a lot of information on this company, just the one news release. There is something brewing and if it can beat $.43, it should be good for some %+++ gains!