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  • SHARES IN ISSUE
    7.00M

Company Profile

Power Metal Resources Plc, (formally African Battery Metals) is an AIM-listed, African focused, resource company that is developing projects in strategic metals, primarily those used in the manufacture of electric batteries. Battery metals, notably cobalt, copper, nickel and chrome, represent a key growth sector and it is ABM’s strategy to leverage its portfolio and significant project pipeline, to become a substantial operator/producer. ABM holds two cobalt-copper exploration licences in the Democratic Republic of the Congo, four prospecting licences in Cameroon close to one of the largest undeveloped cobalt resources in the world and two prospecting licence applications, as well as the right to earn in to up to 70% of the 380 sq km Lizetta II cobalt, chrome and nickel project in Cote d'Ivoire. The Company has a Board and advisory team with proven expertise in African exploration, mining and project generation, as well as an international shareholder base featuring established mining and capital markets professionals with track records of building high-value resource companies. ABM will leverage this industry experience, expertise and network to develop its existing portfolio and acquire or farm into additional projects with strong re-rating potential, with the objective to rapidly build a dominant position in the sector and create shareholder value.

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