(IN BRIEF) Volkswagen Group and PowerCo have partnered with Patriot Battery Metals to secure a long-term supply of lithium for EV battery production. Volkswagen is investing $48 million for a 9.9% equity stake in Patriot and has signed a 10-year … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged CANADA, EV Battery Production, Jörg Teichmann, Ken Brinsden, Lithium Supply, partnership, Patriot Battery Metals, PowerCo, sustainability, Thomas Schmall, Volkswagen Group
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to support the Keliber lithium project in Finland, operated by Sibanye-Stillwater. This investment is part of a €500 million package aimed at establishing the EU’s first integrated battery-grade lithium … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Finland, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged EIB, electric vehicles, EU, Finland, Keliber Project, Lithium Supply, partnership, sustainability
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