Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Asset Allocation
Data update
Development News
Equity markets
Exploration News
Features
Finance/M&A
News & Views
Sponsored
The Drill Bit
The Future
Trade & Demand
Uncategorised

News

OEMs provide capital…finally

Posted on - 12 Jul 2022

Category - News & Views

It’s been a long time coming. But hopefully the ball has finally dropped with OEMs about providing capital to the battery materials development space after not one, but two, deals came along in June. First up was Stellantis (BIT:STLA), whose CEO Carlos Tavares has been relatively outspoken in the media about the raw materials shortage. Stellantis made a direct investment in European DLE developer Vulcan Energy Resources (ASX:VUL) to the tune of A$76m (US$52m), representing 8% of the company’s shares, after the market value of the stock had declined some 68% from its peak in September 2021. It would have...

Login to read full article


Topics

Capital Equity EVs Ford Liontown OEMs Stellantis Vulcan Energy