THE BATTERY REVOLUTION: TP ENERGY
The International Energy Agency expects the number of Electric Vehicles (EVs) on international roads to increase from 3 million today to 126 million by 2030.
Demand by battery technology isn’t just being driven by the adoption of EVs but by broader industrial applications, such as the data centres that power the information economy (datacentres now consume almost more energy than global aviation and shipping).
The Company firmly believes that from the developed to the developing world there is a rapid reindustrialisation occurring that is being underpinned by next generation energy infrastructure with battery technology at its core.
TP Energy is committed to ensuring its shareholders have access to the massive growth potential of this reindustrialisation.
The Company holds a considerable acreage of exploration licences in Western Australia, highly prospective for battery minerals. In addition, the Company holds more than 400,000 hectares of nickel, copper, cobalt, lithium and graphite concessions in Argentina, either fully owned, in joint venture or under application.
The Company has been adding considerable value to its exploration assets by funding considerable geophysical and drilling programs at the projects.
TP Energy is also developing a new lithium brine processing technology that has been reviewed and endorsed by the Dow Centre at the University of QLD.
The technology aims to lift the lithium yield and enable the Company to produce a saleable magnesium by-product.
The goal is to licence this technology to other producers, creating an additional revenue stream.
Exploration - Western Australia
TP Energy has four primary exploration projects in WA – Lake Yindarlgooda, Kathleen Valley, Devil’s Creek and Volcano Bay.
These projects have been selected because of battery metals potential, their proximity to other world-class mining projects and transport infrastructure.
Lake Yindarlgooda lies 60 kilometres east of Kalgoorlie within the prolific Eastern Goldfields region of WA, with Kathleen Valley being just 20 kilometres south of BHP’s Mount Keith nickel mine.
Devil’s Creek is just 40 kilometres from Bremmer Bay and lies within the mineral-rich Albany Fraser Belt on the transition from the Yilgarn Craton.
Volcano Bay is located within the Fraser Range, an area famous for significant nickel-copper discoveries.
Regional Geological Setting of TP Energy’s WA Projects
Exploration - Argentina
TP Energy’s investment arm backs strategic exploration opportunities and seeks exposure to other productive assets across the battery metals and advanced materials value chain.
Its current investment is its ownership of seven exploration assets in Argentina.
Of these, there are three high priority projects TP Energy is focused on developing namely La Celeste, La Antigua and Pipanaco South.
These assets have been independently assessed by geological consultants SRK Consulting.
TP Energy already employs administrative and geological staff in La Rioja, the capital of the province of the same name and a major industrial city in northern Argentina.
TP Energy’s Key Projects – Argentina