Bastion Minerals Limited (BMO)

Overview

Bastion Minerals Limited is a dynamic entity engaged in the exploration and evaluation of precious and base metals across a diversified geographical portfolio that includes regions in Chile, Sweden, and Canada. Originally operating under the name Comet Exploration Limited, the company underwent a rebranding to Bastion Minerals Limited in September 2020, a strategic move that reflects its broadened focus and ambition within the mining sector. Inaugurated in 2010 and headquartered in Sydney, Australia, Bastion Minerals has carved a niche for itself in the mining industry, focusing on the exploration for copper, gold, lithium, and rare earth elements. The company's strategic operations and project holdings in Western Australia, Ontario, Canada, and the Bergslagen district of Sweden underscore its global approach to mining exploration, aiming to capitalize on the increasing demand for battery metals and rare earth elements essential for modern technologies.

Products and Services

• Battery Metals Projects

Located in Western Australia, these projects highlight Bastion Minerals Limited's focus on materials vital to the energy transition. Holding a 100% interest, the company explores for critically demanded metals such as copper and lithium, indispensable for battery technology and renewable energy applications. This strategic positioning emphasizes Bastion's contribution towards a greener economy through the mining of elements critical to electric vehicle batteries and energy storage solutions.

• Canadian Lithium Project

Spanning approximately 63 square kilometers in Ontario, Canada, this project underscores Bastion Minerals’ efforts in tapping into the burgeoning demand for lithium, a cornerstone element in rechargeable batteries. The Canadian Lithium Project reflects the company’s foresight in leveraging Canada's mineral wealth to meet the global surge in lithium demand for electric vehicles and portable electronics.

• Gyttorp REE Project

Covering an expanse of about 115 square kilometers in the historic Bergslagen mining district of Sweden, the Gyttorp Project is pivotal to Bastion Minerals’ diversification into Rare Earth Elements (REEs). These elements are essential for high-tech applications, including magnets in wind turbines, electronics, and other green technology solutions, marking Bastion’s stake in critical minerals crucial for sustainable technologies.

• Cometa Copper Project

As part of its base metals exploration portfolio, the Cometa Copper Project showcases Bastion Minerals Limited’s commitment to exploring and developing copper resources. Copper’s significance, driven by its extensive use in electrical wiring, renewable energy systems, and electronic products, positions Bastion to contribute to the metal's growing demand in an electrifying world.