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A NEW STRATEGIC CHAPTER BEGINS AS ALBEMARLE PARTNERSHIP CLEARS THE PATH TO CASE LAKE PRODUCTION
A NEW STRATEGIC CHAPTER BEGINS AS ALBEMARLE PARTNERSHIP CLEARS THE PATH TO CASE LAKE PRODUCTION ...
About this update from Power Metals Corp.
[{"type":"text","content":"\n\n\nA NEW STRATEGIC CHAPTER BEGINS AS ALBEMARLE PARTNERSHIP CLEARS THE PATH TO CASE LAKE PRODUCTION\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nMajor Highlights\nGlobal chemicals powerhouse Albemarle delivers non-dilutive investment Exceptional grades and simple processing position Case Lake as a standoutProduction momentum grows with strong permitting progressStrong Indigenous support with Apitipi Anicinapek Nation signing Participation AgreementDevelopment underway of Impacts Benefits Agreement with Apitipi Anicinapek NationVANCOUVER, BC, Dec. 16, 2025 /CNW/ - Power Metals Corp (\"Power Metals\" or the \"Company\") (TSXV: PWM) (FRANKFURT: OAA1) (OTCQB: PWRMF) is pleased to announce a Company update for the Case Lake Project (\"the Project\") in Ontario, Canada.\nPower Metals Corp (TSX-V: PWM) is entering a pivotal new phase as the Case Lake Cesium Project advances toward production. The momentum is being driven by strong technical progress, strengthened partnerships and a landmark agreement with one of the world's leading critical-minerals companies.\nThe recent pre-payment and offtake agreement with Albemarle (NYSE: ALB) has reshaped the trajectory of the Project, providing both validation and a clear pathway toward development.\nThis partnership brings global chemical expertise directly into the fold, while securing a non-dilutive source of funding that supports the next stage of work on site.\nWith up to C$5 million in funding available through staged payments tied to permitting milestones, the Project now has enhanced financial certainty as it moves toward construction.\nEqually important is what this agreement signals for North America. Case Lake is emerging at a time when global cesium supply is rapidly diminishing, and market participants are seeking reliable, transparent and politically aligned sources of critical minerals.\nAlbemarle's involvement underscores Case Lake's potential to anchor a rebuilt North American cesium ecosystem – one that can serve high-value technologies without reliance on overseas refining.\nOn ...