“Anyvalue chain is as strong as its weakest link. In Europe, materials is theweakest link", said Diego Pavia, CEO of EIT InnoEnergy in #Davos today.
This is why we are delighted to launch the EBA Strategic Battery Materials Fundwith a target size of €500M, in collaboration with Demeter. The Fund isdedicated to the development of a resilient and diverse battery raw materialsupply chain for Europe, boosting domestic capacities for strategic batterymaterials such as lithium, nickel, cobalt, manganese, and graphite.
Société Générale acts as the exclusive financial advisor for the capitalraising.
The Fund was announced today at #WEF24, alongside European Commission EVP MarošŠefčovič on a panel hosted by Capgemini.
#EBA250 #EuropeanBatteryAlliance #CriticalRawMaterialsAct
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“Anyvalue chain is as strong as its weakest link. In Europe,...
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