Equity funding down; can other sources close the gap?
It wasn’t really about equity markets in September and it also wasn’t really about battery raw materials. It was really about the c.US$3.0bn that the US DOE agreed to allocate to the battery supply chain and the LOIs written by the US EXIM bank to other battery material projects. This funding totally eclipsed what producers have been able to extract from a weak equity market in recent months. It was interesting to note that, while lots of fuss was made about the raw materials end of the supply chain, over the two-thirds of the capital allocated by the US DOE...
Topics
AAM
Battery
Cathode
DOE
Equity
EV Makers
EXIM
Financing
Government
Graphite
Lithium
Miners
Nickel
REE
