MegaWatt Exploration for REEs & Uranium within Central Northern Territory Properties Set to Commence and Marketing Agreement

VANCOUVER, BC, Feb. 1, 2022 /PRNewswire/ – Megawatt Lithium and Battery Metals Corp. (CSE: MEGA) (FSE: WR20) (OTC PINK: WALRF) (the "Company" or "Megawatt") is planning an expansive exploration campaign, targeting rare earth elements (REE) & uranium zones, at its two properties – Artic Fox and Isbjorn – in Central Northern Territory. The work coincides with an increasing level of interest across the region on the back of improving fundamentals for REE and uranium.

Improving fundamentals on two fronts

With China controlling potentially between 80-90% of the global rare earth elements (REE) market, there has been a growing awareness among key stakeholders for the need for supply chain diversity. European automakers focused on developing the next generation of electric vehicles will require key REEs. They require neodymium and praseodymium (NdPr) which are key REEs for electric motor magnets 1 .

According to ASX-listed Arafura Resources (ASX: ARU), it has engaged […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet