Tempest Minerals: A company engaged in metal exploration

AUStock_Pedia
2022-07-10

Hey, this is Stocks_Pedia.

Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.

The company I'm going to introduce this time is $Tempest Minerals(TEM.AU)$.

It went public on 28th March 2017.

[Company Profile]

The Company listed via initial public offering (IPO) in 2017 under the name Lithium Consolidated Mineral Exploration Limited (Li3) with the goal of feeding the rapidly growing battery mineral industry.

Li3 went on to acquire multiple lithium projects on 3 continents and had a string of successful exploration and divestment transactions.

[History & Events]

2016: Tempest Minerals Limited was founded.

2017: Tempest Minerals listed via initial public offering (IPO) under the name Lithium Consolidated Mineral Exploration Limited (Li3) with the goal of feeding the rapidly growing battery mineral industry.

2019: Tempest Minerals faced with a challenging lithium market, the board decided to expand the strategic focus of the company into a more diversified direction and began looking at other commodities such as copper.

2020: Tempest Minerals's shareholders elected to rebrand the company to Tempest Minerals Ltd to better reflect the evolved business and its more diverse commodity focus.

[Main Business Segments]

[Net Income & Total Revenue]

[Competitors]

$Global Lithium Resources Limited(GL1.AU)$

$Galan Lithium(GLN.AU)$

$Sayona Mining Ltd(SYA.AU)$

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