QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Expands Lithium Property as Lithium Demand Continues to Rise
Lithium ion batteries (“LIB”) have key advantages over lead acid batteries in systems designed for use in power grid failure State-of-the-art designs in uninterrupted power supply systems depend on lithium-ion battery packs Battery technology conference notes that new uninterruptable power supply (“UPS”) systems face lithium supply challenges While the electrical vehicle market is driving a rising worldwide demand for lithium, another sector is set to push the need for this light metal even higher. At a leading industry event for battery technology this week, participants discussed the growing demand for lithium ion batteries for use in UPS systems in big…