The project has significant potential for copper, a metal that is crucial for various energy technologies
The project has significant potential for copper, a metal that is crucial for various energy technologies, including electric vehicle batteries, power grids, and renewable energy systems. Copper’s conductivity and durability make it a key component in wiring, motors, and other critical infrastructure. ENRG Elements is actively conducting exploration activities to better under- stand the scale and potential of the copper resources at the Gabon Project. The company’s goal is to define a commercially viable resource that can meet the growing global demand for copper in the electrification era. In addition to copper, ENRG Elements is exploring nickel resources in Gabon. Nickel is a key material in the production of lithium−ion batteries, which are essential for electric vehicles and energy storage systems.Nickel’s importance in battery technology cannot be overstated, as it enhances ener- gy density and storage capacity in lithium−ion batteries. This makes it crucial for the development of high−performance EV batteries and long−term energy storage solutions, both of which are necessary for the clean energy transition.