Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Filter by Categories
Data update
Development News
Equity markets
Exploration News
Features
Finance/M&A
Materials Round-Up
News & Views
Sponsored
The Drill Bit
Trade & Demand
Uncategorised

News

Nickel financings up in May; still weak in other materials

Posted on - 09 Jun 2020

Category - Finance/M&A

Funds raised in nickel constituted 79% of all funds raised in battery materials in May and that was excepting the A$231m raised by laterite developer Nickel Mines for its Indonesian nickel pig iron projects, which we didn’t include in our data since it won’t make battery grade material. Having said that, activity is still extremely depressed and total funds raised for the battery materials sector are down 82% y/y YTD May. As noted in the Exploration section, we’re already seeing the impact of the shortage of funds in depressed drilling activity and, with even majors cutting their capex for 2020...

Login to read full article


Topics

Battery Materials Exploration Nickel