EPISODE · Oct 11, 2024 · 9 MIN
Frank Basa Discusses Coniagas Battery Metals’ 'Feed First' Strategy and Critical Minerals Potential
from Investor.News · host Investor.News
In a recent interview with Investor.News host Pat Bolland, Frank Basa, President, CEO, and Director of Coniagas Battery Metals Inc. (TSXV: COS), discussed the company's strategic pivot toward a "feed first" strategy in the critical minerals sector. Basa explained how this approach involves sourcing cobalt, nickel, and copper concentrates globally and bringing them to Quebec for processing using Coniagas' proprietary Re-2Ox hydrometallurgical process. This process eliminates the need for traditional smelting, significantly reducing the environmental footprint and enhancing the efficiency of producing battery-grade materials. “The potential is enormous,” Basa noted, highlighting the importance of this innovative method in securing a reliable and resilient supply chain for the electric vehicle (EV) industry. Basa also provided insights into the company's flagship Graal project, a nickel, copper, and cobalt deposit located in Quebec. Extensive geophysical surveys and drilling have already identified significant mineralization along a 6 km strike length. Basa emphasized the project's potential, stating, "We’re going to drill it. The potential there is just enormous." Coniagas' collaboration with SGS Québec, a leader in metallurgical innovation, plays a pivotal role in advancing the Graal project and scaling up the Re-2Ox process, with Basa describing SGS as "top shelf" for their high-quality work. As part of their long-term strategy, Coniagas is poised to integrate global resources with local expertise, aiming to become a key player in the evolving EV supply chain.
What this episode covers
In a recent interview with Investor.News host Pat Bolland, Frank Basa, President, CEO, and Director of Coniagas Battery Metals Inc. (TSXV: COS), discussed the company's strategic pivot toward a "feed first" strategy in the critical minerals sector. Basa explained how this approach involves sourcing cobalt, nickel, and copper concentrates globally and bringing them to Quebec for processing using Coniagas' proprietary Re-2Ox hydrometallurgical process. This process eliminates the need for traditional smelting, significantly reducing the environmental footprint and enhancing the efficiency of producing battery-grade materials. “The potential is enormous,” Basa noted, highlighting the importance of this innovative method in securing a reliable and resilient supply chain for the electric vehicle (EV) industry. Basa also provided insights into the company's flagship Graal project, a nickel, copper, and cobalt deposit located in Quebec. Extensive geophysical surveys and drilling have already identified significant mineralization along a 6 km strike length. Basa emphasized the project's potential, stating, "We’re going to drill it. The potential there is just enormous." Coniagas' collaboration with SGS Québec, a leader in metallurgical innovation, plays a pivotal role in advancing the Graal project and scaling up the Re-2Ox process, with Basa describing SGS as "top shelf" for their high-quality work. As part of their long-term strategy, Coniagas is poised to integrate global resources with local expertise, aiming to become a key player in the evolving EV supply chain.
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Frank Basa Discusses Coniagas Battery Metals’ 'Feed First' Strategy and Critical Minerals Potential
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