Hectic end to 2020 for financing but more needed
After an extremely quiet start to the year it was a hectic end to 2020 for brokers and corporates alike as over US$2.5bn of funds was raised in the last two months of the year. Nominally the winner was the lithium space which saw US$1.73bn raised during this period, but given that US$1.57bn of this was for the Pilbara/Altura and IGO/Greenbushes deals and neither of those were for expansional capex, if we back those funds out it doesn’t look quite so exciting. Nevertheless, the last two months of the year still saw over US$1bn of expansionary capital raised in the...
Topics
Battery Materials
Financing
Lithium
Nickel
REE
