Greenpower’s New Direction
Greenpower Energy identified battery minerals such as cobalt and vanadium as high demand/high price minerals for the decades ahead, as the growth in electric vehicles and batteries accelerates globally.
Greenpower’s mission has been to use our expertise and experience to:
- successfully explore and develop its core Cobalt and Vanadium projects, providing an outstanding opportunity for shareholders to take part in the global appreciation of these key global metals of the future;
- find environmentally desirable uses for the earth’s abundant petrified vegetable matter, i.e. coal; and
- find ways to convey energy in today’s changing world.
Our search for means to convey energy motivated our acquisition of Ion Minerals and our successful search for battery minerals such as lithium, cobalt and vanadium.
Our search for coal uses (other than power generation) has already lead us, via harmlessly liquifying it, to a cheap, simple way to use that decayed vegetable matter to dramatically enhance the growth of new plants and thus increase world food production without increasing the energy or space used in the process. We expect our search will also lead us to subdividing the liquid into many valuable platform chemicals, useful to the modern world.
And so our mission has also become to develop all these resources for the benefit of our shareholders.
Our Intended Processes
In conjunction with the inventors we have examined eco-friendly processes that have been shown to work and meet or exceed our standards. We describe on this website OHD, being one of the processes that we anticipate to commercialise.
A snapshot of Greenpower’s history
Greenpower Energy Limited was incorporated in 1899, as ‘Gunnedah Colliery Company’ (changed to Gunnedah Coal Company (GCC) in 1985), and GCC mined coal at Gunnedah, in NSW, continuously, until 1997, when it sold the Gunnedah coal mine.
In May 2007 GCC changed its name to Greenpower Energy Limited (Greenpower), then, in September 2007 issued a prospectus, and in March 2008 listed its shares on the ASX.
In October 2018 Greenpower Energy acquired Ion Minerals Pty Ltd to increase its push to continue development as a battery metals focused company. The Board and management team was bolstered with the appointment of highly experienced mining executives Cameron McLean and Alistair Williams.
The Ion Minerals acquisition included the Ashburton Cobalt Project located in the Ashburton region of Western Australia and the Julia Creek Vanadium Project located in Queensland. Ion Minerals exercised the right to acquire an interest in the Lincoln Springs cobalt projects in Northern Queensland.
Greenpower’s transition into a battery minerals exploration and development specialist is complete and has renewed its ongoing commitment to facilitating greener sources of energy storage and conveyance.