Vision & Strategy
Auroch Minerals Limited is seeking to focus on primary inputs into the renewable energy market and are actively seeking out opportunities for both lithium and copper. We see a burgeoning demand for these commodities as the world moves from fossil fuels to renewable energy sources.
Through strategic partnerships, we will work towards creating lithium assets that have an impact on the current lithium climate, particularly as its application in lithium-ion batteries and energy storage solutions expands into use in laptops, mobile phones, cameras and many common household appliances. Lithium is a commodity currently sold for around $22,000/tonne, but only costs around $5000/tonne to produce.
We have already taken steps to take advantage of these burgeoning markets for renewable energy sources by identifying copper and lithium assets in both: a superior mineral province hosting some of the world’s largest copper rich VMS deposits in the Iberian Pyrite Belt (Portugal), and an underexplored region in the Karibib area of Namibia (alongside two high-grade historic lithium producing mines at Rubikon and Helikon).