Financing activity down again in Feb
Volatile equity market conditions again impacted funding in February when total funds raised across the whole of the battery raw materials sector fell 58% m/m to US$825m. This was in line with the seasonal trend last year but very much at odds with the 5-year seasonal trend. The continued failure of funding activity to pick up doesn’t bode well for reducing the supply/demand gap which is likely to continue to impact these segments.
Battery Raw Materials