Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
Recharge Resources is a Canadian based battery metals exploration company. We are focused on meeting the advancing demand of the electric vehicle market by acquiring mining properties to produce the battery materials required to meet growing demands and the technologies to support the now established, and growing, battery metals industry to create green, renewable energy.
Powering towards a cleaner future
A carbon-free future will require many millions of batteries, both to drive electric vehicles and to store wind and solar power on the grid. The global battery metals market was valued at $11.3 billion in 2019, and is projected to reach $20.5 billion by 2027, at a CAGR of 8.2% from 2020 to 2027.
Battery metals are primarily used in batteries for electric vehicles, consumer electronics, and numerous other applications. Increasing production and use of smartphones, tablets, and other electronic devices significantly contributes to the growth of the global battery metals market. In addition, an increase in demand for electric vehicles/hybrid electric vehicles from both developed and developing economies across the globe is projected to fuel the growth of the battery metal market from 2020 to 2027. Moreover, rapid growth of the renewable energy industry is expected to boost the demand for batteries, which, in turn, drives the global battery metals market.
With a focus on contributing to the battery metals sector powering the electrical vehicle industry Recharge Resources is dedicated to powering a cleaner future by powering green, renewable fuel alternatives.