Patriot Battery Metals Inc. is a Canadian hard-rock lithium exploration company that has established itself as a significant player in the North American battery materials sector. The company’s primary asset is the Shaakichiuwaanaan Property (formerly Corvette Project) in Quebec’s Eeyou Istchee James Bay region. This property represents the largest lithium pegmatite resource in the Americas and ranks as the eighth-largest worldwide, with substantial mineral resources of 80.1 million tonnes at 1.44% Li2O classified as Indicated, and 62.5 million tonnes at 1.31% Li2O classified as Inferred.
Battery Technology
Patriot Battery Metals focuses on extracting and processing lithium-bearing spodumene pegmatites, essential materials for electric vehicle (EV) battery production. The company’s Shaakichiuwaanaan Property features multiple spodumene pegmatite clusters, including the significant CV5 and CV13 deposits. The site’s strategic location, accessible via all-season roads and near regional powerline infrastructure, enhances its operational efficiency.
The company’s technological approach includes advanced exploration and development techniques to identify and extract high-grade lithium deposits. Recent testing has confirmed the ability to produce battery-grade lithium hydroxide from the CV5 Spodumene Pegmatite, demonstrating the quality of the resource and its suitability for EV battery manufacturing. This capability positions Patriot as an essential supplier in the growing North American and European battery supply chains.
Recent Projects
In January 2025, Patriot Battery Metals secured a significant partnership with Volkswagen and PowerCo, including a C$69 million investment and a binding 10-year offtake agreement for 100,000 tonnes of spodumene concentrate annually. The company has also expanded its high-grade Vega Zone at CV13, with notable drilling results showing intercepts of 31.2 meters at 3.35% Li₂O. These developments strengthen Patriot’s position as a future supplier of critical battery materials.
Investors
Patriot Battery Metals has attracted substantial investments from industry leaders. Volkswagen Group acquired approximately 9.9% of the company’s shares through a C$69 million investment in January 2025. Additionally, Albemarle Corporation invested C$109 million in July 2023, securing a 4.9% ownership stake. These strategic investments demonstrate confidence in Patriot’s potential to supply critical lithium materials for the expanding EV market.
Location: Vancouver, Canada
Website: https://patriotbatterymetals.com
LinkedIn: https://www.linkedin.com/company/74918221
