- Business
- Fuse Battery Metals Inc., formerly known as Fuse Cobalt Inc., is a Canadian exploration stage company engaged in the acquisition, exploration, and development of battery metals projects, primarily focusing on cobalt and lithium. The company holds a 100% interest in the Glencore Bucke Property and the Teledyne Cobalt Project, both located in Ontario, Canada; the Glencore Bucke property spans 16.2 hectares adjacent to the former cobalt-producing Agnico Mine, and the Teledyne project comprises multiple mining claims with over CAD 25 million invested in infrastructure including development ramps and declines. It also owns mining claims in Nevada, USA. Fuse Battery Metals specializes in strategic metals acquisition and development with an emphasis on clean energy supply chains and battery materials. The company’s core activities include cobalt and lithium exploration, resource development, and strategic asset acquisition.
Recent major company developments include a name change from Fuse Cobalt Inc. to Fuse Battery Metals Inc. in January 2023 to reflect its broader focus on battery metals beyond cobalt. In 2025, Fuse Battery Metals announced the signing of a share exchange agreement to acquire Pointor AI, an artificial intelligence company with a focus on transforming executive recruitment, marking a strategic expansion beyond mining into technology and AI-driven business solutions. This acquisition aims to leverage technology innovation to enhance shareholder value and diversify the company's business operations. Furthermore, Fuse Battery Metals has engaged in significant exploration activities and partnerships, including a memorandum of understanding (MOU) with Electra Battery Materials to supply cobalt raw materials for refining operations in Ontario, and maintains production royalty and off-take agreements with Glencore Canada Corp. on its Ontario properties.
Founded in 1998 and headquartered in Coquitlam, British Columbia, Canada, Fuse Battery Metals operates primarily in the materials sector within the industrial metals and mining industry. It targets the North American market with a strategic emphasis on sustainable battery metal supply to meet growing clean energy demands. Its operational focus is anchored on its cobalt and lithium projects in Ontario and Nevada, positioning the company as a contributor to the electric vehicle and energy storage sectors. The company is well-financed and adopts innovative technologies and fiscal prudence to maximize returns across market conditions.
In summary, Fuse Battery Metals Inc. provides exploration and development services in the battery metals space, emphasizing cobalt and lithium assets in Canada and the United States, recently expanded its business model through AI-driven technology acquisitions and maintains strategic partnerships to strengthen its position in the North American battery metals market. The company's blend of mineral assets and technological ventures positions it uniquely in the evolving clean energy and resource sectors.