Nickel ousthines Lithium in funding round-up
Once again nickel outshone lithium on the funding front in April, with over US$950m raised during the month vs a paltry US$370m in the lithium sector. While, on the face of it, that looks like a reasonable return, the industry still needs to be raising money at multiples of the rate that it is doing so and we can’t help but feel that this is simply stacking up issues for further down the line. A considerable amount of the nickel funding continues to be raised for laterite projects in Indonesia and we continue to believe that this is a wrong...
Topics
Battery Materials
Debt
Equity
Fundarising
Lithium
Nickel
Project Finance
